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
B.C.’s Babine Forest Products Back To Work After Devastating Loss
Like the proverbial phoenix, Babine Forest Products is rising from the ashes to once again be an economic driver for those in the Burns Lake area. The mill was entirely destroyed and the lives of…
West Coast Log Exports Increased, Lumber Exports Dropped In First Quarter Of 2014
Log exports from Washington, Oregon, northern California, and Alaska increased by just under 2 percent in volume to 466 million board feet in the first quarter of 2014 compared to the fourth quarter of 2013,…
Housing Market Recovery Helps California Lumber Producers
Home construction in California is on the upswing as the housing market slowly recovers from the dramatic downturn of the recession that saw home prices and new construction plummet. Going hand in hand with the…
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.