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
The Lumber Manufactory Opens First Sawmill In Mississippi
A Washington, D.C.-based startup with roots in aerospace, defense and autonomous-vehicle technology has opened its first sawmill in northeast Miss., betting more than $15 million that a faster, tech-driven approach to milling can help close…
Finnish Sawmill Expands Drying Capacity With Valutec Kilns
Finnish sawmill company JPJ-Wood Oy is investing in two new forklift-loaded batch kilns from Valutec as part of its continued production development. The investment supports the mill’s plans to increase sawn timber production. The two…
Neiman Closing Mill In Western Colorado
Based in Wyoming with sawmill operations in four states, Neiman Enterprises is down to three mills after its Montrose, Colo. sawmill Montrose Forest Products filed a WARN Notice with the Colorado Department of Labor and…
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.