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Patrick Industries buys Creative Wood for $5.7 million

from The Associated Press via Bloomberg Businessweek

Patrick Industries Inc., which makes parts for the RV industry, has bought Creative Wood Designs Inc., a maker of hardwood furniture for RVs, for $5.7 million. Patrick Industries said Creative Wood should have about $18 million in revenue in 2012 and immediately will add to its net income. This is Patrick's third acquisition this year. more


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