RedBuilt Sale to Hampton Lumber
GREENWICH, Conn., Jan. 9, 2024 /PRNewswire/ — Atlas Holdings announced today that it has entered into a definitive agreement to sell RedBuilt, LLC (“RedBuilt”) to Hampton Lumber Mills, Inc. (“Hampton“). 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.
RedBuilt and Hampton Lumber are united by their roots in the Pacific Northwest and shared commitment to their people, communities and sustainability. Hampton Lumber is a fourth-generation family-owned company with operations dating back to 1942 when the company’s original sawmill in Willamina, Oregon was purchased to supply its lumber business in Tacoma, Washington. Today, Hampton’s 1,700 employees operate ten sawmills across Oregon, Washington, and British Columbia.
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