Stella-Jones signs deal to buy Brooks Manufacturing for US$140 million
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MONTREAL – Utility pole company Stella-Jones Inc. has signed a deal to buy U.S.-based Brooks Manufacturing Co. for US$140 million.
Brooks is a maker of treated wood distribution crossarms and transmission framing components.
It was founded in 1915 and operates a facility in Bellingham, Wash.
Stella-Jones chief executive Eric Vachon called the acquisition a natural fit.
“The addition of Brooks bolsters Stella-Jones’ suite of solutions, enhancing its ability to meet the growing demand of utilities and unlock new growth opportunities,” Vachon said in a statement Tuesday.
“The acquisition reflects our strategic focus and aligns with our vision to make Stella-Jones a partner of choice to our infrastructure customers.”
Brooks’ sales for 2024 totalled about US$84 million.
RBC Capital Markets analyst James McGarragle called the deal a “strategically positive move.”
“It creates a valuable growth platform for Stella-Jones by diversifying its product offering and leveraging Brooks’ established brand and customer relationships,” McGarragle wrote in a note to clients.
“Furthermore, the acquisition aligns with Stella-Jones’ long-term strategic objectives to expand beyond traditional product categories and accelerate growth in the infrastructure segment, positioning the company to capitalize on ongoing investments in utility modernization.”
The deal is subject to closing conditions, including U.S. regulatory approval, and is expected to occur by the end of the year.
The deal for Brooks follows the acquisition by Stella-Jones of Locweld Inc., a designer and manufacturer of lattice transmission towers and steel poles, earlier this year.
Based in Candiac, Que., Locweld employs about 220 people and has customers in both Canada and the U.S.
Stella-Jones is a supplier of treated wood and steel utility poles and steel lattice towers, as well as treated wood railway ties and timbers. It also manufactures and distributes treated residential lumber.
This report by The Canadian Press was first published Sept. 30, 2025.
Companies in this story: (TSX:SJ)