Post job

Hampton Investment Company company history timeline

1935

In 1935, L. M. "Bud" Hampton began operating a lumberyard in Tacoma, Washington.

1950

1950 The company creates Hampton Lumber Sales.

1955

In 1955, Bud's other son, Charles, took charge of the company's newly founded Canadian subsidiary, Hampton Lumber Mills, Ltd. in Boston Barr, British Columbia.

1959

That same year, Willamina Lumber sold its modern plywood mill, completed in 1959, in Redcrest, California, to Pacific Lumber Co. as part of a move to get out of the plywood business and focus on lumber mill operations.

1960

John Hampton assumed responsibility for plant development and timber acquisition at Willamina Lumber in 1960.

1966

1966 John Hampton succeeds L. M. Hampton as president of Willamina Lumber Co.

1979

In 1979, the company built a new facility, a $9 million wood products expansion at Willamina, which employed 145 workers.

1983

When the workers at Willamina Lumber struck during a contract fight in 1983, the company hired non-union replacements.

1983 The company, now known as Hampton Affiliates, purchases Champion Plywood.

1984

However, despite the fact that more than 30 percent of the workforce petitioned for a decertification election and many strikers crossed the picket line, the International Woodworkers of America (IWA) won the right in 1984 to remain the bargaining representative for the workers at Willamina.

1985

By 1985, its overall lumber production was 308 million board feet.

1988

1988 The company acquires the Fort Hill Lumber Company.

1989

Hampton Affiliates closed two of its mills in the Willamina area temporarily, trimming its number of employees by 150 in 1989.

1990

In 1990, it slashed production at its Fort Hill Lumber Company, blaming high log prices and laying off an additional 20 of the remaining 60 Fort Hill workers.

1991

In the midst of this period and at the height of the 1991 industry slowdown, Hampton forged an agreement with Portland-based environmentalists, agreeing to sell close to 29 acres of old-growth trees in Northwest Portland to a nonprofit called Friends of Forest Park for $600,000.

1991 The company acquires 34,000 acres in northwest Oregon.

1993

1993 The company acquires 11,000 acres of timberland in southwest Washington.

1995

1995 Ron Parker becomes president and CEO of the company.

1996

1996 The Ryderwood acquisition adds 94,000 acres of timberland in Southwest Washington.

1997

1997 The company purchases California Builders Supply.

1998

Despite a thriving domestic economy and record housing sales in 1998, the Asian crisis caused lumber prices to plunge; exports of logs and finished lumber to Japan dropped off while Canadian lumber poured into the United States, pushing lumber prices down further.

1999

The year 1999 was another one of growth for Hampton, which then employed about 750 workers and produced 575 million board feet of dimensional lumber each year.

1999 The company acquires Cowlitz Studs.

2000

By 2000, the company ranked as the sixth largest lumber company in the nation and acquired Lane Stanton Vance, a hardwoods distribution business.

2002

Japan continued to figure prominently in lumber industry fortunes through 2002.

2002 The company acquires a sawmill in Darrington, Washington.

2003

Moving forward on other fronts as well, the company purchased a Darrington, Washington mill from Summit Timber, which it renovated for a spring 2003 reopening.

In 2003, Hampton ranked ninth in terms of timberland owned, behind North Pacific Group at sixth, Columbia Forest Products at fifth, and Roseburg Forest Products at third.

2003 Steven Zika becomes president and CEO of the company.

2004

2004 The company purchases Wilson River Tree Farm; closes Fort Hill sawmill.

Sales: $1 billion (2004 est.)

2005

Rivera, Dylan, "Lumbering to Gain Ground," Oregonian, January 9, 2005.

Hampton Affiliates ranked third in the Oregon Business Private 150 in 2005.

2005 The company sells Lane Stanton Vance hardwoods distribution business to BlueLin.

2011

Hamptons Group was founded in 2011 with a vision to create a unique niche in the commercial space of financial, intellectual, and relational capital through alternative investments and strategic advisory.

2022

"Hampton Affiliates, Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/hampton-affiliates-inc

Work at Hampton Investment Company?
Share your experience
Founded
-
Company founded
Headquarters
Portland, OR
Company headquarter
Get updates for jobs and news

Rate Hampton Investment Company's efforts to communicate its history to employees.

Zippia waving zebra

Hampton Investment Company jobs

Do you work at Hampton Investment Company?

Does Hampton Investment Company communicate its history to new hires?

Zippia gives an in-depth look into the details of Hampton Investment Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Hampton Investment Company. The employee data is based on information from people who have self-reported their past or current employments at Hampton Investment Company. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Hampton Investment Company. The data presented on this page does not represent the view of Hampton Investment Company and its employees or that of Zippia.

Hampton Investment Company may also be known as or be related to Hampton Investment Company and Hampton Lumber.