MANCHESTER CENTER, Vt. – r.k. Miles, Inc., a third-generation, family-owned business with locations in Vermont and Massachusetts, has announced that the company will be acquiring Allen Lumber, Inc. with locations in Barre, Montpelier, Waitsfield, and St. Johnsbury, Vermont.
Allen Lumber Company, a member of the LBM Century Club, is a fifth-generation family-owned business. Since 1888, the company has maintained a longstanding tradition of providing quality service, hardware and building materials throughout northeastern Vermont, r.k. Miles announced in a press release.
“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.
Celebrating its 80th year in March 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. With the acquisition of Allen Lumber, r.k. Miles, Inc. will have a total of 10 locations.