Koppers Utility and Industrial Products Inc. (UIP), a wholly-owned subsidiary of Koppers Holdings Inc., an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, announced the purchase of a 105-acre property in Leesville, Louisiana. The site will host a facility providing additional peeling and drying capacity used in the Koppers wood treatment process.
The addition of this new facility creates an opportunity for Koppers to reduce costs through plant automation, an improved logistics network, and increased drying capacity. The Leesville site is expected to become operational in mid-2023. The property was purchased from a client of The Molpus Woodlands Group, LLC.
Commenting on the transaction, President and CEO Leroy Ball said, "This acquisition has always been a priority in order to help leverage our existing treating assets in Somerville, Texas. Also, this new site will allow us to be closer to the raw material source and significantly lower our costs. For a relatively modest investment, we will be able to expand our presence in utility markets, including those with limited supply options available in the past.”
Koppers, with corporate headquarters in Pittsburgh, Pennsylvania, is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds.
