R.K. Miles Expands to Northern Vermont With Acquisition of Morrisville Lumber
Third generation, family-owned business r.k. Miles, Inc., with locations in Vermont and Massachusetts, is recently acquired Morrisville Lumber, Inc. located in Morrisville and Stowe, Vermont. Morrisville Lumber, a family owned business for 71 years, has a longstanding, proud tradition of providing quality service, hardware and building materials throughout Vermont from its Morrisville and Stowe locations. “We think the best fit for a supplier in our market is r. k. Miles Inc.,” said Mark Loati, second-generation owner and president of Morrisville Lumber. “We are looking forward to working with Joe Miles 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. Morrisville and Stowe locations will also help take the pressure off long delivery routes from our Middlebury, Vermont location,” said Joe Miles, president of r.k. Miles, Inc.
“Thanks to our outside sales reps, we have a growing contractor customer base in the Stowe area. The opportunity to purchase a company in that market will help us better serve those customers while expanding further into Lamoille County and beyond,” Miles added.
“We are looking forward to working with the Morrisville Lumber staff and getting to know the local customers,” said Brenda Beanland, vice president of operations for r.k. Miles.