The Baxley-LogPro Holdings, Inc., a Hot Springs, AR-based manufacturer and supplier of equipment and systems for the forest products and biomass industries, received a majority investment from Blue Sage Capital.
The amount of the deal was not disclosed.
The company will use the proceeds to grow operations.
Led by President Russell Kennedy, Baxley-LogPro represents the combined entity of Baxley Equipment Company and Price LogPro, LLC. Baxley manufactures and supplies blue chip customers and independent sawmills with custom engineered equipment and control systems. LogPro manufactures machinery for sawmill logyards, engineered wood products plants, pulp and paper plants, chip mills, and pellet mills.
The company has an additional manufacturing facility in Baxley, GA.
FinSMEs
04/09/2015