r.k. Miles, Inc. to Expand Their Northern Vermont Presence With the Acquisition of Allen Lumber Company, Inc.
r.k. Miles, Inc., (“r.k. Miles”) a third-generation, family-owned business with locations in Vermont and Massachusetts, is pleased to announce that the company will be acquiring Allen Lumber, Inc. with locations in Barre, Montpelier, Waitsfield, and St. Johnsbury, Vermont.
Allen Lumber Company, a fifth-generation family-owned business since 1888, has a longstanding, proud tradition of providing quality service, hardware and building materials throughout northeastern Vermont.
“r.k. Miles has a solid reputation as a reliable and trustworthy building materials supplier in Vermont and Massachusetts. We are happy that they will continue our family’s legacy to provide the best products and services our customers have grown to expect,” said Steve Allen, fifth-generation Owner and President of Allen Lumber. “We are looking forward to working with Joe and his crew through a successful transition.”
“This acquisition will help us serve our current, North-Central Vermont customer base with improved logistics and convenient pick-up locations. Allen Lumber is very well known in the markets they serve and have a similar business philosophy so we feel this will be a good fit for both the customers and employees,” said Joe Miles, President of r.k. Miles, Inc.
“We are looking forward to working with the Allen Lumber staff and Allen Brothers, as well as getting to know their local customers,” said Brenda Beanland, Vice President of Operations for r.k. Miles.
Preparation for the transition is currently underway and the sale will take place on March 31, 2020.
About r.k. Miles
Celebrating its 80th year in March 2020, r.k. Miles, Inc. is a third-generation family business founded in Manchester, VT. The company supplies lumber, building materials and home goods to communities in Vermont and Western Massachusetts. Fair business practices, customer loyalty and community involvement have been the cornerstone of the company’s success. With the acquisition of Allen lumber, r.k. Miles, Inc. will now have a total of 10 locations.
Source: r.k. Miles, Inc.