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Acquisition Expands Hancock into Trusses

Manufacturing is not new to Hancock Lumber; in fact, the company’s roots began in 1848 with milling logs into lumber and continues today with their three eastern white pine sawmills and wall panel manufacturing facility.

Hancock Lumber Co., Casco, Me., has become the first retailer in Maine to own and operate its own roof and floor truss manufacturing facility, through its acquisition of Mainely Trusses, Fairfield, Me.

“Mainely Trusses has an excellent reputation in the construction industry across Maine,” said Hancock Lumber president and CEO Kevin Hancock. “The company also has a set of core values that we like, admire and feel is aligned with Hancock’s. People matter at Mainely Trusses and the company has high standards in terms of employee engagement and customer service. We felt there was a lot we could learn from the company and some value we could add. When the opportunity to acquire Mainely Trusses materialized we recognized quickly that it would be a good long-term move that strengthened both companies.”

Manufacturing is not new to Hancock Lumber; in fact, the company’s roots began in 1848 with milling logs into lumber and continues today with their three eastern white pine sawmills and wall panel manufacturing facility. Adding engineered truss systems to their manufacturing portfolio offers another key product line for their customers in Maine and New Hampshire.

Mike Boulet, general manager of Mainely Trusses, said, “The people, products and reputation of Mainely Trusses have always been very important to me. When the opportunity to join the Hancock team presented itself, it quickly became evident that the two companies shared the same values. Transitioning ownership to a company that could help continue to improve Mainely Trusses for its employees and customers is the top priority for me. I could not be more confident on Mainely Trusses’ future under Team Hancock’s leadership and look forward to managing the business operations!”

 

526 Media Group

Publisher of two monthly magazines for LBM dealers and distributors—The Merchant Magazine, founded in 1922 to serve the western U.S., and Building Products Digest, formed in 1982 to serve east of the Rockies.

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