Hartzell acquires hardwood lumber company

PIQUA - Hartzell Industries said Tuesday it has acquired the assets of Kirksville, Mo.-based Reliant Hardwoods, a division of Renneberg Hardwoods. The company’s core business involves purchasing, processing, and selling hardwood lumber worldwide.

Terms of the transaction were not disclosed.

“Reliant Hardwoods is an important strategic step to grow our hardwood lumber business”, said John Owsiany, president of Hartzell Hardwoods. “This acquisition provides the geographical diversification we need to better serve our customers. It adds capacity to our current manufacturing production and gets us closer to the mainstream walnut sources.

“We will be able to offer a wider range of species for our customers. Our strategic plan is to invest a significant amount of capital in our Kirksville facility to increase capacity,” Owsiany said. “Over the next 12 months we will incrementally double the number of people we employ there.”

Hartzell manufacturing facilities are located in Ohio, Indiana, Arkansas.