Palmer Johnson Power Systems, Sun Prairie, WI, has acquired Mill Log Equipment Co., Inc. and Mill Log Wilson Equipment Ltd. from Twin Disc, Inc (NASDAQ: TWIN). The acquisition, which will close on March 4, encompasses all Mill Log assets, territory rights and inventory. Terms of the acquisition were not disclosed.
“The acquisition of Mill Log positions Palmer Johnson as a dominant off-highway player in the western United States and Canada, and a powerhouse in both the marine and oil & gas markets in North America,” said Craig Parsons, President of Palmer Johnson.
The addition of Mill Log service centers in Kent, Washington and Vancouver, British Columbia, solidifies Palmer Johnson’s support of the West Coast marine market. The addition of the Edmonton, Alberta, branch expands Palmer Johnson’s support of the oil & gas market from Texas north to the Canadian oilfield.