John H. Myers, a six-unit chain of LBM outlets located throughout south central Pennsylvania and Northern Maryland, has joined US LBM Holdings as its seventh division.
Revenues for Myers, No. 99 on the HCN Pro Dealer Scoreboard, topped $55 million in 2010, and the company is on track to exceed that pace in 2011, according to the announcement. The company also operates showrooms featuring kitchens, flooring, windows, doors and other products for the custom and regional builder, remodeler and consumer.
Myers will continue to operate as John H. Myers & Son with its same work force and base of retail locations. US LBM Holdings provides Myers with capital and back-office support to enable growth.
“John H. Myers & Son has played an important role in the growth of our communities since its founding in 1916,” said Bob Myers III, a fourth-generation family owner who will serve on the senior leadership team. “My family and I are excited about this new chapter for the company. Our customers, vendors and employees will benefit from our ability to access resources made available by a partnership with US LBM.”
Bob Wood will continue to serve as president of Myers, a position he has held for the past six years. The company is headquartered in York, Pa.
US LBM Holdings, No. 10 on the HCN Pro Dealer Scoreboard, is a collection of seven LBM dealers serving the Midwest, Northeast and Mid-Atlantic in eight states with more than 35 locations. US LBM, owned by private equity group BlackEagle Partners, is the fastest-growing pro dealer in the United States.