Southwood Pallet is a third generation pallet manufacturing business. The Hochstetler family started in the lumber business in 1950 as a sawmill. The family later started a retail lumberyard called Northwood Lumber in 1970. In 1984, Northwood Lumber was sold and Southwood Lumber & Pallet, Inc. was started on the property directly South of the Northwood Lumber property.

Starting with just one nailer and 5 employees in 1984, Southwood has grown to be one of the leading pallet manufacturers in the Eastern US.