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
Washington’s Allen Logging Lumber Mill Expects To Cease Operations Next Month
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Allen Logging, the last production lumber mill on the North Olympic Peninsula’s West End, expects to cease operations by mid-July. The closure will idle 45 workers, including drivers, millwrights, mechanics and…
Maine Sawmill Workers Face Temporary Layoff
A Quebec-based company that completed the purchase of Fraser Timber’s lumber mill in Masardis in January will temporarily layoff its 135 employees next week due to market conditions. The layoff at Maibec will last four…
Washington Lumber Mill Closing After 75 Years
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The last lumber mill in Snohomish is closing after almost 75 years due to low demand. The Daily Herald of Everett reports that the Seattle-Snohomish Mill plans to close this summer,…
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.