Cox Industries, Orangeburg, S.C., has agreed to sell its residential lumber division to Culpeper Wood Preservers, Culpeper, Va.
Included in the sale are wood treating plants in Orangeburg and Branchville, S.C., and Coleridge and Cove City, NC.
Culpeper currently operates treating plants in Culpeper and Fredericksburg, Va.; Shelbyville, In.; Columbia, S.C.; and Federalsburg, Md.
Cox will keep its corporate headquarters in Orangeburg to oversee its industrial division, which has 10 plants that manufacture primarily utility poles and marine pilings. Proceeds from the sale will allow Cox to diversify the industrial division