Courtesy / Hancock Lumber
Trusses made at Mainely Trusses' plant in Fairfield are loaded onto a flatbed.
February 7, 2018
Hancock Lumber acquires Mainely Trusses, now employs 522 at 15 locations
Courtesy / Hancock Lumber
Kevin Hancock, president and CEO of Hancock Lumber, shown at left, and Mike Boulet, general manager of Mainely Trusses, announced this week that Hancock has acquired Mainely Trusses, a market-leading roof and floor truss manufacturing facility based in Fairfield that was founded in 1991.
By Staff
Hancock Lumber has acquired Mainely Trusses, a market-leading roof and floor truss manufacturing facility based in Fairfield that was founded in 1991 by John Boulet. Terms of the acquisition were not disclosed.
With the acquisition, the sixth-generation family-owned Hancock Lumber now has 522 employees working at 15 locations in Maine and New Hampshire.
The company stated on its website that the addition of Mainely Trusses “makes Hancock Lumber the first retailer in Maine to own and operate their own roof and floor truss manufacturing facility.”
“Mainely Trusses has an excellent reputation in the construction industry across Maine,” Kevin Hancock, president and CEO of Hancock Lumber, said Monday in a news release announcing the acquisition. “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.”
Mike Boulet, general manager of Mainely Trusses, said the two companies “shared the same values,” adding that he was confident the company’s future would be secure under Hancock’s leadership
“The people, products and reputation of Mainely Trusses have always been very important to me,” he said. “Transitioning ownership to a company that could help continue to improve Mainely Trusses for its employees and customers is the top priority for me.”
About the companies
Located in Fairfield, Mainely Trusses designs, engineers and manufactures all of its roof and floor trusses in-house to the exact specifications of its clients and has a team of five class A, CDL-certified drivers with a 99.5% on-time delivery rate.
Hancock Lumber, founded in 1848, is a sixth-generation, family-owned business operating a timberland company, a sawmill division and a network of retail lumber yards, home design showrooms and, now, a truss manufacturing facility.
It has been selected four times as a ‘Best Place to Work in Maine and was recognized as the 2017 national ProSales ‘Dealer of the Year’. Four of their locations have received OSHA’s highest safety certification, earning SHARP certifications at its Casco, Bethel, Pittsfield sawmills and Bridgton lumber yard.
The company is also a past recipient of the Maine Family Business of the Year Award, the Governor’s Award for Business Excellence, and the MITC ‘Exporter of the Year’ award.
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