Atlas Holdings acquired Erickson Framing from Masco Corporation

Nov 22, 2012. /Lesprom Network/. Atlas Holdings LLC has acquired Erickson Framing through its newly formed company, Erickson Framing Holdings LLC. Erickson Framing was acquired from Masco Corporation, a global producer of home improvement and building products, as the company said in the press release received by Lesprom Network. Erickson is a leading construction services and pre-fabricated building products company that provides turn-key framing services, framing packages, trusses and other products to builders and developers. Erickson’s primary geographic markets include Arizona, Northern California and the greater Reno, NV area. Erickson offers a unique value proposition, operating its own lumber and panelization yards, in which wall panels and trusses are pre-fabricated, in Chandler, AZ and Roseville, CA. This acquisition reflects Atlas’ investment strategy of purchasing and successfully transitioning divisions of a larger corporate parent into strong, independent companies. “Our decade of experience in the building materials segment through our investments in Wood Resources, RedBuilt and Bridgewell strengthens our confidence in this acquisition,” the company said. While Erickson has struggled through the long and deep downturn in the residential construction industry, it successfully maintained its presence and significantly increased its market share through that period. Atlas Holdings is a diversified group of manufacturing, distribution, service and trading businesses that operate in the building materials, capital equipment, energy, industrial services, packaging, pulp, paper, and tissue, steel, and trading and distribution segments.