Wagner Lumber completes acquisition
Wagner Lumber, based in Owego, N.Y., has completed an acquisition of Afton, N.Y.-based Pomeroy Lumber, according to a report in the Binghamton (New York) Press & Sun-Bulletin.
The deal has been in the pipeline for some time but was stalled by a flood in 2006, according to the report. The acquisition will enable Wagner Lumber to expand operations and procure timber from all parts of the state.
Wagner Lumber, established in Owego in 1975, also operates Wagner Hardwoods in Cayuta, N.Y. The businesses employ about 200 people. Pomeroy operates a sawmill in Nineveh, N.Y., a location which will now be known as Wagner Nineveh.
Wagner has three additional locations, including Wagner’s Western Wood Yard in Friendship, N.Y.; Wagner Millwork in Oswego, N.Y.; and Wagner Hardwoods in Cayuta, N.Y.