The Sony Walkman. Big hair and bigger shoulder pads. Lines at gas stations. To these mementos of the early 1980s you can add one more: rampant inflation.

Two long-standing family businesses are joining forces with Hancock Lumber’s announcement of plans to acquire Lapointe Lumber, a fourth-generation independent building materials supplier that’s operated in the Augusta and Gardiner markets since 1947.

American Construction Source (ACS) announced that it has acquired Foley Lumber and Milaca Building Center.

Last fall’s M&A feeding frenzy made more than a few independents nervous.

It’s impossible to miss today’s white-hot LBM M&A market.

With steady headlines of acquisitions of LBM dealers and distributors, industry consolidation is a hot topic among our readers.

Builders FirstSource reported a very strong fourth quarter in 2020, thanks primarily to high lumber costs and a healthy housing market.

UFP Industries posted sales of $1.39 billion for the fourth quarter 2020, increasing 40% from sales of $998 million in the fourth quarter 2019.

UFP Industries, Inc. reported that its wholly-owned subsidiary, Sunbelt Forest Products Corporation, has signed an agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. 

R.P. Lumber Co., Inc., a growing home improvement company with 71 locations, announced their acquisition of Dick-N-Sons Lumber, located in Blue Grass, Iowa.