Murray Latta Progressive Machine, Inc. has acquired the operations of Kimwood Corporation, a Cottage Grove, Oregon-based manufacturer of machinery for the forest products industry, as the company says in the press release received by Lesprom Network.
Murray Latta designs, manufactures and distributes industrial machinery for several industrial sectors including forest products, oil, gas, mining, material handling, construction.
Mr. Kris Woodard, President of Kimwood Corporation said: “Kimwood has been in business in Cottage Grove for more than 70 years. As a family owned business in a smaller community it was important that we choose wisely who might acquire the Kimwood operations; a buyer who would respect the community, Kimwood’s long history and, foremost, Kimwood employees. The combination of the Kimwood operations with Murray Latta simply gives the operations a broader international reach and opportunities for the Kimwood employees. This transaction ensures the continued presence of Kimwood manufacturing operations in Cottage Grove for many years to come.”
The new company will be operating under the name Kimwood Machinery Inc. All Kimwood employees will be retained, including Mr. Woodard, who will continue to manage the new company’s operations.
