Kentwood-based building materials and supply company Lumbermen’s, has acquired Michigan Prestain, a manufacturer of prefinished wood products. The sale involving the local companies was finalized June 9. Terms of the deal were not disclosed. The merged entity will produce and distribute products under the “Great American Spaces” brand.
Lumbermen’s, located at 4433 Stafford Ave. SE, in Kentwood, and Michigan Prestain have had a successful partnership for nearly two years with Lumbermen’s distributing Michigan Prestain products, including Easy Barnwood.
Michigan Prestain was founded in 1989 by Greg Troutt. At the time of the acquisition, the company had nearly 30 employees working out of a 66,000-square foot manufacturing facility on Roger B Chaffee Drive in Wyoming. All Michigan Prestain employees will continue to work out of this facility.
Troutt intends to stay with Lumbermen’s to develop new products and support the combined sales team as the company continues to increase sales with current dealers as well as new networks across the country.
Lumbermen’s is 100 percent employee owned and strives to be the first choice of building materials for its customers. The company has 400 employees working at locations across Michigan, Ohio, Indiana, and northern Kentucky.
Acquisition of Michigan Prestain meets Lumbermen’s strategic vision to diversify its products and offerings, as well as its focus on value-added services in its Building Materials division.
“We are thrilled to add Michigan Prestain to our already diverse product offering,” said Steve Petersen, president of Lumbermen’s. “There is a natural synergy between our companies. We’re excited about the growth opportunities and value it will bring to our customers, as well as what it will mean to our employee owners.”