CanWel acquires Island Truss
CanWel Building Materials Group Ltd., through its Honsador Group of companies, has acquired the truss design and manufacturing plant and related equipment and business, formerly owned by Vickers Island Truss, Ltd.
Since 1995, privately owned Island Truss has been providing Hawaii’s island of Kauai with a wide assortment truss designs and products.
Island Truss is Kauai's only on-island truss manufacturing plant and has built a reputation for excellence, servicing the requirements of many of Kauai's hotels, resorts, homes, and schools, CanWel said.
Terms of the deal were not disclosed.
“Island Truss is a very reputable and well-respected brand on Kauai and in surrounding markets and we are very pleased to be able to further solidify and expand our presence in the Hawaiian market with this acquisition,” said Amar Doman, chairman and CEO of CanWel. “We welcome our new employees at Island Truss, and thank David Vickers for building such a strong business over the years. We are very proud to have this great company in the CanWel family and excited to have David as part of our team as he heads up our Honsador truss division, bringing his excellence and experience to our truss operations at Honolulu and Hilo.”
CanWel is headquartered in Vancouver, British Columbia and is one of Canada’s largest distributors of building materials.
The company operates multiple treating facilities and distribution centers in the United States and Canada, and 14 locations in Hawaii through Honsador Building Products Group.