Maine’s Hancock Lumber Acquires Mainely Trusses
Hancock Lumber of Casco said Monday that it has acquired Mainely Trusses, a roof and floor truss manufacturer based in Fairfield. The acquisition will add a new product line to Hancock’s manufacturing portfolio, the company said.
The addition of Mainely Trusses makes Hancock Lumber the first retailer in Maine to own and operate its own roof and floor truss manufacturing facility, the company said in a news release. Terms of the acquisition were not disclosed.
“When the opportunity to acquire Mainely Trusses materialized, we recognized quickly that it would be a good long-term move that strengthened both companies,” Kevin Hancock, president and CEO of Hancock Lumber, said in a prepared statement announcing the deal.
Hancock Lumber began milling logs into lumber in 1848, and it continues today with three Eastern white pine sawmills and a wall panel manufacturing facility. Adding engineered truss systems to its manufacturing portfolio offers another product line for its customers in Maine and New Hampshire, the company said.
From the Portland Press Herald: pressherald.com
Latest News
LIGNA 2019 – Wood Industry Summit
The Wood Industry Summit will be in its third season at LIGNA 2019, which runs from May 27-31 in Hannover, Germany. Staged in Hall 26 with the theme “Access to Resources and Technology,” the summit…
NC Groups Partner With “Home For The Holidays” To Help First Responders, Vets Affected By Hurricane Florence
When Hurricane Florence slammed into North Carolina on September 14, 2018, as a category 1 rainmaker, it was clear that damage to the already rain-soaked state would be immense. As the state continues the recovery…
Georgia-Pacific Begins Construction On $135 Million Georgia Mill
American wood products firm Georgia-Pacific held an event last Monday to mark the commencement of construction on its new, $135 million softwood lumber plant in Warrenton, GA. Replacing an aging plant also located in Warrenton,…
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.