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Subsequent Events
12 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events

18. Subsequent Events

On February 27, 2024, we signed an agreement to acquire substantially all of the assets of Brown Wood Preserving Company, Inc. and certain of its affiliates (Brown Wood) for approximately $100 million in cash. Brown Wood is a utility pole treating business with principal operating locations in Alabama and Mississippi. We plan to finance the purchase with cash and available borrowings under our Credit Facility. The parties expect the transaction to close in the second quarter of 2024, subject to satisfaction of customary closing conditions.