Business

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.

Nation’s Best, the Dallas, Texas-based home improvement chain, has acquired Do it Best member BTU Do it Center located in Las Vegas, N.M.   

US LBM has acquired Villaume Industries, a manufacturer of wood trusses for new residential and commercial construction and of custom wood crating, boxes and pallets in Minnesota.