Parksite acquired Atlantic Plywood Corporation, a distributor of industrial wood products and accessories in the Northeastern United States in January 2018.
“The purpose of the acquisition of Atlantic Plywood was to combine the resources of two great companies and expand into areas we couldn’t do separately,” said Ron Heitzman, CEO of Parksite Inc. “Creating one company to deliver product solutions from industrial wood products, to premium surfacing materials to specialty building products will provide customers an unmatched resource in our markets.”
Founded in 1974, Atlantic Plywood now operates 12 distribution facilities located in Connecticut, Georgia, Maine, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, Vermont and Illinois.
Parksite was founded in 1971 by John Morrisroe and Ray Biggins. The company is 100% employee-owned.
According to Ron Heitzman, CEO, “Our commitment has been, and will always be, to create demonstrable value for our customers, suppliers, and shareholders. Growth and sustainability is important to all of our stakeholders, and we will deliver both.”
Parksite has 21 locations and over 725 employee-owners.