Atlas Holdings has entered into a definitive agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. The transaction is anticipated to close in the Q1 2024, subject to customary closing conditions. Terms were not disclosed.
Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Company in 2009. Over the next 14 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.
Headquartered in Boise, Idaho, RedBuilt is a leader in engineered structural systems across light-frame commercial, multi-family, and off-site building applications. RedBuilt's broad product line, customer centric service posture, and project management skillset provide the commercial construction community with solutions to the unique challenges of the commercial segment. Today, RedBuilt's skilled team of more than 400 associates deliver nationwide sales and support out of four design centers and manufacturing facilities in Chino, California; Delaware, Ohio; and Stayton and Hillsboro, Oregon.
Headquartered in Greenwich, Connecticut and founded in 2002, Atlas and its affiliates own and operate 27 companies, which employ more than 50,000 associates across 300 facilities worldwide. Atlas operates in sectors such as automotive, building materials, capital equipment, construction services, food manufacturing and distribution, metals processing, packaging, paper, power generation, printing, pulp, supply chain management and wood products.
With over 80 years in the sawmill business, Hampton Lumber operates ten sawmills in Oregon, Washington, and British Columbia and markets wood products all over the world.