Hammond Lumber Company Acquires 3 Mid-Coast Maine Locations
(October 11, 2011) Hammond Lumber Company, headquartered in Belgrade, Maine, announced that it will be acquiring three additional building material stores in Maine, located in Damariscotta, Boothbay Harbor, and Pemaquid, from Sanford based New England Building Materials. Hammond, which prior to today operated 9 locations primarily in the Central Maine region, will round out their 58 year old third-generation family owned business by establishing a physical presence and providing local access to these coastal communities and neighboring peninsulas; the acquisition also allows them to extend their retail presence to 12 Maine locations. Hammond Lumber Company was founded in 1953 by Skip and Verna Hammond.
Mike Hammond, Vice President of Hammond Lumber Company, believes that the purchase is a natural progression for Hammond Lumber Company since “we have been honored to work with both contractors and home owners in these areas over the years. We feel strongly that investing in a permanent presence will give us the opportunity to provide more of the personalized service that drives our customer service excellence. We hope to build on the great foundation that Poole Brothers established long ago by doing whatever it takes to support our building professionals and walk-in retail customers.”
New England Building Materials, which had previously operated out of 8 locations in Massachusetts and Maine, will be focusing primarily on the larger markets of Eastern Massachusetts and Southern Maine, concentrating on the professional building community by delivering from two major sales and distribution centers, one in Lakeville, Massachusetts and the other in Sanford, Maine. Current locations in Windham and Springvale, Maine, will be absorbed into the 40 acre Sanford campus, and the Norwood, Massachusetts store will become a kitchen design center, with all building material deliveries done out of the Lakeville center which was acquired in 2009. It will also continue to operate its pine mill in Sanford.
“The mid-coast stores are a good fit for Hammond’s organization” says Don Collins, CEO of New England Building Materials, “while we feel that our new model of concentrating on fewer, but substantially larger, delivery centers will allow us to compete more successfully in the southern markets, from Portland to Cape Cod”.
The majority of the employees at the three locations will become employees of Hammond upon closing, while others will be staying with New England Building Materials Sanford location. The closing is expected to take place on or about October 21st.
Hammond Lumber Company’s other stores are located in Auburn, Bangor, Belgrade, Brunswick, Fairfield, Farmington, Greenville, Portland and Skowhegan. More information is available at 1-866-HAMMOND (toll free) and www.hammondlumber.com.