NH Division of Economic Development
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State Helps Timberpeg Build Solid Foundation for Growth

Just as the durability of a home relies on the sturdiness of its foundation, the strength of a business relies on its abilities to forge partnerships and plan for growth. Bearing that in mind, the New Hampshire Division of Economic Development and Timberpeg have crafted a relationship that is as solid as Douglas Fir and as strong as the tallest hemlock.

Under the new ownership of Bill Silverstein, Timberpeg and its sister companies Real Log Homes and Yankee Barn Homes are in growth mode. Silverstein acquired Timberpeg in January and has since consolidated New Hampshire offices and moved his Vermont and Montana operations to Claremont.

Manufacturer of timber frame homes and light commercial timber frame structures, Timberpeg now employs 62 people after rehiring 30 with plans to grow to 100. 

New Hampshire Division of Economic Development Business Development Manager Michael Bergeron introduced Silverstein to the NH Business Finance Authority, which is coordinating a loan to purchase a Claremont manufacturing building, provide new capital equipment and coordinate a working line of credit. Bergeron has also facilitated contact with the City of Claremont and introduced the company to the state’s ERZ tax credit and energy efficiency programs.

“This is a great example of a solid New Hampshire company coming back to life through sound business strategy and strong branding,” Bergeron said. 

“After looking at other states, I decided that New Hampshire was the best place to grow this company,” Silverstein said.  “One of the key factors in our quick turnaround and success has been the quality people in our company—it’s a real team.”

For more information on the Timberpeg and related brands, go to www.whshomes.com
or call (603) 542-5418.

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