Tree Island to acquire Irving Wire assets

VANCOUVER — Tree Island Steel Ltd. has announced that its wholly-owned subsidiary, Tree Island Industries Ltd. has entered into an agreement to acquire substantially all of the assets of Calgary’s Irving Wire Products Corp. Under the terms of the purchase agreement, Tree Island will acquire, among other assets, the production equipment and inventories related to Irving’s mesh business and will lease Irving’s existing facility in Calgary where the company will continue to manufacture steel mesh products.