r.k. Miles, Inc. will be acquiring Allen Lumber, Inc. with locations in Barre, Montpelier, Waitsfield, and St. Johnsbury, Vermont. With the acquisition of Allen lumber, r.k. Miles, Inc. will now have a total of 10 locations.
“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.
Preparation for the transition is currently underway and the sale will take place on March 31, 2020.
r.k. Miles, Inc. is a third-generation family business founded in Manchester, Vermont. The company supplies lumber, building materials and home goods to communities in Vermont and Western Massachusetts.
