PalletOne, Inc., America's largest new pallet manufacturer, has purchased Bay Wood Products Inc., a pallet and crate manufacturing business located in Baldwin County on the Alabama Gulf Coast.
Jimmy Wilson, who founded Bay Wood Products with a group of investors 25 years ago, said he would remain as general manager of the Baldwin County business. PalletOne owns another pallet manufacturing plant in Selma, Alabama.
With the acquisition, Wallace said, the southern Alabama market could see an expansion of products and services, including industrial recycling. Speaking to a group of Bay Wood employees in mid-August, Wilson and Wallace answered questions together about the pending sale, then Wallace shared PalletOne's mission: "We strive to be the best blue-collar employer in the markets we serve."
Organized in 2001, PalletOne, Inc. now operates 18 locations in nine states and manufactures new pallets, provides pallet repair programs, recycles used pallets and produces a variety of other wood products.
Bay Wood Products is a full-service manufacturer of wooden pallets, rough-cut lumber, dunnage and crates with a recent expansion into the biofuel and mulch markets.
