LOTS Group Acquires Bellwether FP
Integrated transport company LOTS Group has acquired Bellwether Forest Products based in Camden, SC. Bellwether is a full-service timber transport company working throughout the state, with the aim of inspiring a new generation of loggers and building long-term partnerships with wood markets and timberland owners.
The acquisition will enable the company to extend its service offering to new and existing clients, leveraging Bellwether’s extensive experience in the region.
Officials with both companies say the transaction reflects the future of forest products transportation in the Southeast, which has a huge but highly fragmented market served primarily by trucking capacity that lacks technology and professionalization. The LOTS Group is offering a model that improves efficiency, says Max Blatt, CEO.
Latest News
Hood Industries Announces Plywood Mill Closure In Mississippi
Hood Industries has said it is closing its plywood mill in Wiggins, Miss., which Hood has operated since 1984 and was started up in 1971 by International Paper. Hood Industries’ closure at Wiggins will affect approximately 260 employees. Facility-wide meetings were...
Have A Question?
Send Us A Message