Investment firm Littlejohn & Co., LLC, purchased Northwest Hardwoods Inc. from American Industrial Partners for an undisclosed amount of money in a deal announced July 18.
Northwest Hardwoods, based in Tacoma, WA, converts hardwood logs into rough cut and kiln dried lumber, then planes and sorts the lumber. The company serves the repair and remodel, residential construction, industrial, and export markets. It provides materials used in the manufacture of kitchen cabinets, hardwood flooring, molding, millwork, commercial interiors, furniture, recreational vehicles, musical instruments, railroad ties and pallets. Northwest Hardwoods provides products to more than 1,660 global customers.
A change in ownership will not impact the quality of hardwood products or customer service, Northwest Hardwood officials said. “Northwestwest Hardwoods has built a strong business and an outstanding reputation for working closely with customers and providing quality hardwood products.,” says Edmund J. Feeley, Littlejohn’s managing director. “We look forward to building its geographic reach.”
Northwest Hardwoods was carved out of Weyerhaeuser by AIP in 2011. The company is one of North America’s largest importers of tropical hardwood lumber and hardwood plywood panels.