Genesis Capital is pleased to announce Cox Industries, Inc. (“Cox”) has sold its Industrial division to Koppers, Inc. (“Koppers”) for approximately $200 million in cash. Cox manufactures and distributes power distribution and transmission poles, pilings and related products to investor-owned utilities, electric cooperatives, municipalities and other entities. The transaction creates a leading utility pole and […]

Cox Industries, one of the country’s largest producers of pressure-treated wood products announced that it is selling its Residential Lumber Division assets to Culpeper Wood Preservers, a Virginia-based wood treater with a similar focus on residential lumber. Included in the sale are Cox manufacturing plants located in Orangeburg, South Carolina, Coleridge, North Carolina, Cove City, […]