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
U.S. Claims B.C. Loggers Violating Softwood Lumber Deal
The American lumber lobby says the B.C. government has been under-charging coastal forest companies for timber harvested on Crown lands to the tune of $70 million a year. And that throws into question the accuracy…
Boise Kinzua Sawmill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); PILOT ROCK, Ore. – When it acquired the northeast Oregon mill here three years ago, Boise Cascade LLC sought to avoid the impression of big corporate culture “taking over” the facility,…
Idaho’s Emerald Forest Products Begins Reopening Process
May 15 is the estimated startup date for the Emerald Forest Products sawmill, according to owner Dick Vinson. “There’s lots of work going on at the site,” Vinson said. This includes completing a new stack…
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.