Business

Our industry has been changing in a big way. Independents once dominated our industry, but now through mergers and acquisitions, that is no longer the case.

L&W Supply Corporation, a leading distributor of top-quality building materials and specialty products in the United States, announced today that it has acquired the business of Merrimack Building Supply, a building materials distributor with locations in southern New England.

Builders FirstSource and BMC Stock Holdings have completed their all-stock super LBM merger.

Weston Forest, a leading distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, today announced it has been acquired by the Watermill Group, a strategy-driven private investment firm.

US LBM, a leading distributor of specialty building materials in the United States, has reached an agreement to acquire Jennings Builders Supply & Hardware, a building products dealer with four locations in western North Carolina.

US LBM, a leading distributor of specialty building materials in the United States, has acquired Gilcrest/Jewett Lumber Company, a building products dealer and manufacturer with five locations in Iowa.

SoftBank Group Corp. has agreed to invest $200 million more to bail out Katerra, a construction startup that ran into financial problems as it tried to shake up the building industry.

UFP Industries today announced that its board of directors approved an agreement for UFP Industrial, LLC, to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million.

US LBM, a leading distributor of specialty building products in the United States, has acquired Tri-County Building Supplies, a building materials distributor in southern New Jersey.

Specialty Building Products, LLC, a leading distributor of specialty building products in North America, today announced that it has signed a definitive agreement whereby The Jordan Company, L.P. ("TJC") will acquire a majority ownership position in SBP from funds affiliated with Madison Dearborn Partners, LLC ("MDP").