Osmose acquires assets of Peninsula Copper Industries
Griffin, Ga.-based Osmose, a global supplier of wood preservative products, acquired the production assets of Peninsula Copper Industries, Inc. (PCI), a producer of copper-based chemicals.
PCI, headquartered in Hubbell, Michigan, is a leading manufacturer and exporter of copper carbonate and cupric oxide chemicals. PCI has been a copper compound supplier to Osmose for over 25 years.
“The acquisition of PCI is another important step in our integration into the manufacture of copper compounds that are essential to the production of our MicroPro, NatureWood, ACQ, and CCA preservative products," said Paul Goydan, president of Osmose. "This acquisition strengthens Osmose’s commitment to support the wood preservation business in North America and the world.”
PCI will continue as a distributor of its established products under a contract manufacturing arrangement with Osmose, according to Kevin Codere, president of PCI.