Millstone Industries to buy key divisions of Morelock Enterprises
Millstone Industries recently announced that it has signed a letter of intent for the purchase of certain assets of Morelock Enterprises Inc. A second-generation, family owned company based in Oregon, Morelock Wood Products specializes in mouldings, millwork, furniture components and a nationally distributed line of hardwood flooring.
Millstone Industries says it will retain more than 50 of Morelock's key employees to protect long-standing customer relationships, effect a smooth ownership transition and safeguard a number of local jobs.
Morelock Flooring, the company's nationally distributed hardwood flooring line, will continue to marketed under its current name by Millstone Industries.
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