Arkansas Flooring Mill Gets New Ownership
Magnolia, AR, Sept. 9, 2013 -- Anthony Timberlands Inc. said it has agreed to purchase the oak flooring mill in Magnolia, Arkansas owned and operated by Partee Flooring Mill.
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The company said it would create a separate corporation, called Anthony Oak Flooring Inc., to operate the mill. Terms were not disclosed.
John E. Anthony, chairman of ATI's board of directors, will be president of the new company. Michael McQueen, vice president of hardwood operations at ATI, will be vice president and general manager.