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May 16, 2014

Sale of Woodruff Co. complete, facility sold for $2.3 million

Whoops. I had the price wrong in the first version of this. I didn't notice at first that 1504 Third Ave. S.E. and 1514 Third Ave. were sold separately from the 1524 parcel.

Those two other pieces brought the total up to $2.3 million.

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It looks like the sale of Rochester's longtime plumbing supply firm, Woodruff Co., has wrapped up.

Fargo, N.D.-based Dakota Supply Group bought the 67-year-old Rochester plumbing and utilities wholesale supply firm from the Woodruff family. It was expected to conclude on April 30.

WoodruffcoThe deal included Woodruff's Rochester complex at 1504, 1514 and 1524 Third Ave. S.E. as well its Austin and Winona locations.

Olmsted County just posted that the Third Avenue property was sold to DSG for $2.3 million on April 30.

Dakota is a distributor of plumbing, electrical, HVAC, refrigeration, communications, filtration and metering systems. It has locations in Minnesota, North Dakota, South Dakota, Wisconsin and Montana

Woodruff was founded by 1946 by James F. Woodruff, John D. Flowell and Frank C. Weber. The Woodruff family has long been very active in the community with involvement with Lourdes Catholic schools, Rotary Club and the Rochester Area Chamber of Commerce.

It built and moved into its current facility on Third Avenue in April 1964.

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