Dec 07, 2011. /Lesprom Network/. Stella-Jones Inc. has completed the acquisition of Thompson Industries, Inc., a provider of treated wood products to the railroad industry. The purchase price totalled approximately $39 million, subject to post closing adjustments. Stella-Jones financed the acquisition through existing credit facilities and an unsecured vendor note of $6.5 million, as the company said in a press release received by Lesprom Network. Founded in 1981, Thompson produces treated wood products, mainly railway ties and timbers, at a facility located in Russellville, Arkansas, USA. Thompson's sales for its fiscal year ended September 30, 2011 were approximately $49 million. "The acquisition of Thompson further enhances Stella-Jones' status as a leading provider of treated wood products and services to the North American railroad industry. More importantly, we expect the transaction to be immediately accretive to earnings and to yield synergies, as our continental network will benefit from greater operating efficiencies," said Brian McManus, President and CEO of Stella-Jones. Stella-Jones Inc. is a leading producer and marketer of pressure treated wood products. The Company supplies North America's railroad operators with railway ties, timbers and recycling services; and the continent's electrical utilities and telecommunications companies with utility poles.