The big announcement was made during a press conference this morning and according to the press release, all 300 EBS employees will retain their jobs.

With the purchase of all ten EBS locations, Hammond Lumber now will have more than 800 employees and 21 locations here in Maine.  The now former EBS stores include Bar Harbor, Belfast, Blue Hill, Bucksport, Calais, Camden, Cherryfield, Ellsworth, Machias and Rockland.

This is the 65th anniversary of Hammond Lumber, based in Belgrade, Maine.

"As we celebrate our 65th anniversary, we are excited to begin a new chapter in our history and look forward to welcoming the EBS employees to our family company. We have a tremendous amount of respect for the company and the success of their leadership and employees over the past 48 years, that all started when Austin Goodyear founded the company. From a business perspective, their 10 locations along the coast are a great addition and a perfect geographic fit for us to serve more customers across the state and specifically eastern Maine. I also want to recognize the EBS leadership team for their work and commitment that has led to this announcement, they have been a pleasure to work with," said Mike Hammond, president/CEO of Hammond in the press release.

EBS, formerly known as Ellsworth Builders Supply had been a lumber and building supply dealer in the area since 1959 and had developed a reputation for quality merchandise and very helpful employees.

The purchase price and other terms were have not been disclosed at this point.