According to Columbia President David Wootton, the acquisition will enable Columbia to "expand the geography from where we acquire our raw materials, and allow us to increase the volume of unfinished strip available for finishing at our other facilities."
Columbia plans to increase the size of Millwood's current lumberyard and lumber-drying facilities.
Mike Millard will continue to run the Millwood operation. Owner and president Preston Millet will leave the company to focus on his distribution company, Millwood Flooring, located in Knoxville, Tenn., which will now distribute Columbia's line of hardwood flooring products.