Industry News

Hampton Sells Arlington DC

Western  Forest  Products, Vancouver, B.C., has agreed to buy Hampton Lumber’s lumber processing and distribution center in Arlington,  Wa., for about $9  million.

Western  Forest  Products, Vancouver, B.C., has agreed to buy Hampton Lumber’s lumber processing and distribution center in Arlington,  Wa., for about $9  million.

“This acquisition is a natural fit for Western as it allows us to increase the production of targeted, finished products while also providing a centralized warehousing and distribution centre to more effectively service our selected U.S. customers,” said Don Demens, president, and CEO. “This asset in Washington State also strengthens our global competitiveness by positioning Western to mitigate the damaging effects of duties on our products destined for the U.S. market.”

The site is ideally suited for Western’s central distribution needs with direct rail service and close proximity to its major U.S. markets.

The deal was set to close before the end of January.

 

David Koenig

David Koenig is the managing editor of Building Products Digest and The Merchant Magazine.

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