Cooper Marine & Timberlands Acquires Seago Lumber Company

MCCOMB, MISSISSIPPI, Jan 19, 2022 (Press Release) - Cooper Marine & Timberlands (CMT) is excited to announce the acquisition of Seago Lumber Company. Seago Lumber Company, owned and operated by the Seago family since 1948, produces 1-inch dressed boards for sale in both domestic and export markets, and is known in the industry for its superior lumber quality and customer satisfaction.

“Today, we’re excited to welcome the Seago Lumber team into the Cooper family,” said Angus R. Cooper III, President of Cooper Marine & Timberlands. “The addition of Seago Lumber greatly enhances Cooper Marine & Timberlands’ ability to meet growing customer demand and provide the industry’s highest standard of lumber products and customer service.”

For over 70 years and spanning five generations of the Seago family, Seago Lumber has been a leading manufacturer in the lumber industry, as well as a primary employer of personnel throughout southern Mississippi.

“Our focus has always been to produce the highest quality lumber products for our customers. We’re excited to become a member of the Cooper team, and are confident in the continued commitment to our employees and client base,” said D.G. Seago, President and owner of Seago Lumber.

CMT's forestry footprint expands across the southeastern United States and consists of saw mill, chip mill, wood yard, procurement, in-woods chipping, and logging operations. CMT’s pine sawmill located in Carrollton, Alabama, specializes in producing 1-inch rough-cut lumber for domestic and export markets. Cooper Marine and Timberlands is a wholly-owned subsidiary of Cooper/T. Smith, one of America’s oldest and largest forestry and maritime firms.

“CMT welcomes the Seago Lumber team to the Cooper family,” said Jason Anderson, Managing Director of Timber Operations, Cooper Marine & Timberlands. “Seago Lumber will play an important role as we continue to diversify CMT’s product line to now include both rough and dressed boards in the domestic and export lumber markets.”

The acquisition was finalized in January 2022.

About Cooper /T. Smith

Established in 1905, Cooper /T. Smith has operations on all three U.S. coasts and foreign operations in Brazil and Mexico. The company maintains ownership in numerous satellite companies, forming the Cooper Group, including warehousing, terminal operations, tugboats, push boats, barging, barge fleeting, floating terminals, logistics, marine & timberlands, vessel repair and restaurants.

SOURCE: Cooper /T. Smith