Hancock Lumber To Acquire Massachusetts Lumberyard
Hancock Lumber has announced plans to acquire Johnson Lumber, a single-location lumberyard located in Salisbury, Mass. The transaction is expected to close on May 31, with the location officially beginning operations as Hancock Lumber on Monday, June 2—Hancock’s 12th lumberyard and its first in Massachusetts.
Founded in 1963 and originally operating as a sawmill, Johnson Lumber has grown into a respected contractor yard with a strong presence across Northeast Massachusetts, Southern New Hampshire and Southern Maine. The business has remained in the Johnson family for over 60 years.
Hancock Lumber Chair and sixth-generation Managing Owner Kevin Hancock says, “We plan to reinvest, grow the business and add resources to allow that tradition to keep building. Johnson Lumber and Hancock Lumber are a great fit in terms of business values, employee care and a deep focus on contractor sales and service. We’re excited, grateful and committed to moving the company forward while celebrating its roots and heritage.”
Located two miles from the coast and minutes from I-95 and I-495, Johnson Lumber is situated on a 12-acre site featuring covered storage and contractor-focused inventory. Strategically, the acquisition is a natural extension of Hancock Lumber’s markets, enhancing the reach between its existing Kennebunk and Wolfeboro, New Hampshire locations—40 and 70 minutes away, respectively.
This additional lumberyard will help grow key product lines including Hancock-made wall panels, trusses and pine, along with Marvin windows and Tiny Homes, while creating additional capacity and delivery efficiency across the region.
Twenty Johnson Lumber employees will join Team Hancock, including three second generation owners, two of whom will stay on short-term to assist with the transition and one as a full-time employee. The two companies plan to work together in the coming months to ensure a smooth transition for employees and customers.
Latest News
MiCROTEC Appoints New Corvallis CEO
MiCROTEC has announced the appointment of Ofer Heyman as its new Chief Executive Officer in Corvallis, Ore. Heyman brings a wealth of experience and a background in the industry, making him a valuable addition to the MiCROTEC team…
SPI Names Robert Hoover Vice President Of Resources
Sierra Pacific Industries (SPI) has named Robert Hoover Vice President of Resources, effective Jan. 1, 2024. He will work with SPI’s team of professionals who sustainably manage the company’s 2.4 million acres of timberlands and provide a steady log supply for the company’s sawmills. Hoover is assuming this role following the retirement of Dan Tomascheski at the end of the year…
U.S. Housing Starts Boom In November
U.S. housing starts—single-family and multi-family combined—made their largest monthly increase in 2023, jumping 14.8% in November over October to a rate of 1.560 million. Single-family starts in November were at a rate of 1.143 million, a whopping 18% above October, while multi-family was 404,000 in November, up nearly 9% over October…
Weyerhaeuser Enhances Coastal Holdings
Weyerhaeuser Co. entered into two agreements with Forest Investment Associates to divest 69,600 acres in upstate South Carolina for $170 million, and to purchase 60,700 acres of high-quality timberlands in coastal North Carolina, South Carolina and Mississippi for $163 million…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.