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
State Budget Brings Uncertainty To North Carolina Forestry Museum
The state spent $2 million two years ago renovating the North Carolina Museum of Forestry in downtown Whiteville, so supporters were surprised by a move in the legislature to cut the museum out of the state budget. The state Senate budget omits the $357,000 needed to...
Have A Question?
Send Us A Message