AREA — Two of New England’s high performing jap white pine manufacturing services can be stronger collectively as Hancock Lumber declares its plans to accumulate Madison Lumber Mill. Hancock Lumber’s jap white pine operations will broaden to 4 mills with its first sawmill acquisition in over twenty years. Whereas Hancock Lumber can be buying Madison Lumber Mill following the anticipated September 30 deadline, the Madison, NH-based location will proceed to function below the Madison Lumber Mill title. A synergistic alternative for each corporations, the plan is to maintain Madison Lumber’s staff, manufacturing techniques, buyer relations, and merchandise produced unchanged.
“The addition of Madison Lumber is stuffed with synergy for each corporations. The present house owners, Kim Moore and Jim Smith, have constructed an distinctive firm. Once you discover caring house owners which might be in search of an exit technique that may protect and perpetuate their love for his or her enterprise, staff, trade, and prospects – nicely, it’s a win-win,” mentioned Hancock Lumber CEO, Kevin Hancock. “Hancock and Madison mix to supply a dynamic set of capabilities throughout the jap white pine trade for log suppliers, prospects, and staff. This can be a uncommon alternative, and we’re excited to maximise its full potential for the good thing about everybody related to each corporations. Our dedication to jap white pine takes a protracted view and this partnership enhances that view.”
Positioned an hour west of Hancock Lumber’s headquarters in Casco, Maine, Madison Lumber Mill is estimated to be the sixth largest producer of jap white pine. Along with producing pine boards and merchandise, the corporate operates a major wholesale division. Present co-owners, Kim Moore and Jim Smith bought the previous Worldwide Paper mill in 2001. Hancock Lumber final acquired an jap white pine operation when the corporate bought the Chadbourne Sawmill in Bethel, Maine in 2000.
Including this fourth mill to its portfolio will make Hancock Lumber the most important jap white pine producer in the USA, increasing not solely its manufacturing capability, but additionally its expertise with the addition of Madison Lumber Mill’s gross sales, operations, and log procurement groups. Common Supervisor John Fuller, together with all of Madison Lumber Mill’s staff, will stay a part of the group whereas present house owners Moore and Smith will stay throughout a transitional interval. For Madison Lumber Mill staff, prospects, and distributors, Monday, October 3, can be enterprise as standard.
Being within the lumber enterprise since 1848 says extra about Hancock Lumber’s dedication to the long run than it does about their previous. In the present day the corporate is a seventh-generation, family-owned built-in forest merchandise firm that’s obsessed with its people-first and values-driven tradition. Working high-efficiency sawmills, lumberyards, element manufacturing services, and full-service kitchen design showrooms, Crew Hancock is led by their 650 staff and has been named a ‘Greatest Place to Work in Maine’ since 2014. Go to www.HancockLumber.com to be taught extra.
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