"Building & real estate" special section piece on 156-year-old Casco-based Hanco

Taylor Smith

Source

Mainebiz

Date

10-11-2004

Pages

36-38

Abstract

"Building & real estate" special section piece on 156-year-old Casco-based Hancock Lumber, which recently acquired Brunswick-based Marriner Lumber, expanding the company's reach into the midcoast region. Hancock will help Marriner focus more on serving contractors and will have the challenge of integrating two old-line Maine companies. The merger is not expected to lead to any layoffs and might lead to an expansion. Hancock is among the largest producers in the country of eastern white pine through its sister company, Hancock Land Co. Profit margins on lumber are low and Marriner was struggling to compete with stores like Home Depot. With details on how the merger will benefit both companies.

Subjects

Hancock Lumber Co, Marine Lumber Brunswick, Lumber and lumbering

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