Atlas Holdings Announces Sale of RedBuilt to Hampton Lumber

By Atlas Holdings
PR Newswire
January 9, 2024
Category: Business & Politics
Region: United States

GREENWICH, Connecticut — Atlas Holdings announced that it has entered into a definitive agreement to sell RedBuilt to Hampton Lumber Mills. Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Company in 2009. Over the next fourteen years, the company became an industry leader in the engineering, design and manufacturing of proprietary wood-based structural solutions serving the low-rise commercial construction market. The transaction is anticipated to close in the first quarter of 2024, subject to customary closing conditions. Terms were not disclosed. …Hampton Lumber is a fourth-generation family-owned company with 1,700 employees operating ten sawmills across Oregon, Washington, and British Columbia. …As a subsidiary company, RedBuilt will have our full support as it continues to deliver leading-edge products and building systems and opens up new and important opportunities in green building solutions,” said Randy Schillinger, Hampton Lumber CEO.

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