Brown Wood Products acquires Industrial Wood Products from CT
LINCOLNWOOD, Ill. – Brown Wood Products Co. has acquired the assets of Industrial Wood Products Inc. (IWP), a supplier of custom wood components to OEM manufacturers based in Windsor, Connecticut.
The acquisition of Connecticut-based IWP was announced on July 1 by Terry Gross, president of Brown Wood Products Co. (DBA Brown Wood Inc.). Terms of the acquisition were not disclosed.
“We are proud to add IWP to our portfolio and will continue to meet the needs of OEM manufacturers in the United States with quality woodworking parts and components,” said Gross. “Since 1927, we’ve provided custom wood solutions that meet every niche and need, from industrial fabricators to suppliers of high-end retail goods.
The Connecticut-based IWP is unrelated to Industrial Wood Products of Virginia, which is owned by Mike Lubina. A statement from Brown Wood noted, “We acquired Industrial Wood Products of Windsor, Connecticut, and we did not acquire Industrial Wood Products of Virginia. We apologize for any confusion.”
This is the second acquisition for Brown Wood Inc. In 2019, Brown Wood acquired Good Wood, Inc., a supplier of small diameter turnings for the hobby and craft market. With the acquisition of IWP, the company said, Brown Wood further strengthens its role as a single source supplier for custom wood components made in the United States and imported wood parts.
Based in Lincolnwood, Illinois, Brown Wood Inc. is the parent company of Designs of Distinction, a supplier of wood and metal component storage for the kitchen, bath and home, and The Gavel Co. , a provider to the rewards and recognition industry. Under Made to Spec by Brown Wood Inc., the company also offers a wide range of custom wood parts and components made in the USA.
Brown Wood is listed in the FDMC 300, an annual ranking of North America’s largest producers of wood products. The company’s accomplishments have also been detailed several times in the WOOD 100: Strategies of Success.