Mergers and Acquisitions

Palmer Johnson Acquires Mill Log Equipment Company From Twin Disc

Palmer Johnson Power Systems, Sun Prairie, Wis., announced the acquisition of Mill Log Equipment Company Inc. and Mill Log Wilson Equipment Ltd. from Twin Disc Inc. The acquisition, which will close on March 4, encompasses all Mill Log assets, territory rights and inventory.

“The acquisition of Mill Log positions Palmer Johnson as a dominant off-highway player in the western United States and Canada, and a powerhouse in both the marine and oil and gas markets in North America,” said Craig Parsons, president of Palmer Johnson.

Palmer Johnson said that the addition of Mill Log service centers in Kent, Wash., and Vancouver, British Columbia, solidifies Palmer Johnson’s support of the West Coast marine market. The addition of the Edmonton, Alberta, branch expands Palmer Johnson’s support of the oil and gas market from Texas north to the Canadian oilfield.

Combined, Mill Log and Palmer Johnson have more than 115 years of history in the off-highway distribution and service industry. Both companies said they are deeply committed to partnerships with customers and with world-class off-highway component manufacturers.

Mill Log operates in the Pacific Northwest and Western Canada in the commercial marine, oil and gas, and off-highway industries. It has been a subsidiary of Twin Disc’s for more than 20 years, and this transaction allows Mill Log to expand its product offerings and add more value to its customers while continuing to support Twin Disc.

“The transition of Mill Log to Palmer Johnson is an exceptional opportunity for Twin Disc, our distributors and our customers,” said John Batten, president and CEO of Twin Disc. “Within our organization, we will be able to reallocate resources to continue our focus on product development and engineering; our customers will benefit from a cohesive sales and customer service experience from the Midwest to the West Coast, and both Palmer Johnson and Mill Log will gain resources and relationships through the acquisition.”

“Overall, the partnership between Palmer Johnson and Twin Disc makes this a natural fit,” said Brad Lyons, vice president of sales and marketing at Palmer Johnson. “This transaction will strengthen both Twin Disc’s and Palmer Johnson’s position in the marketplace. Together, Palmer Johnson and Mill Log enhance and greatly deepen each other’s service expertise and geographic footprint. This alliance will accelerate our vision of becoming North America’s best and most innovative off-highway service company.”