Ace appoints director of sales for global division, Asia
Ace Hardware Corporation has promoted Jack Murphy to director of sales for Ace Global Distribution (AGD), Asia, the Oak Brook, Ill.-based co-op announced. AGD is the retail distribution arm for Ace International.
In his new position, Murphy will direct the AGD sales teams in Oak Brook and Shanghai, China, while also working closely with Ace members and the AGD merchandising teams. Responsibilities will include management of global foreign-to-foreign sales and spearheading future initiatives to promote AGD Asia’s worldwide sales growth.
Murphy, 40, most recently served as international regional manager for Asia Pacific, where his responsibilities included growing the Ace brand globally via retail development initiatives and various wholesale strategies. He previously served as a district manager for Ace and once owned and operated an Ace store in Forest City, N.C.
“Jack has a wealth of sales and retail knowledge, culled from his own experience as an Ace retailer and several key management positions,” said Murray Armstrong, president and general manager of Ace International. “He is aware of the strategies needed to help us grow our international sales, particularly in Asia’s emerging markets.”
Murphy graduated from the U.S. Air Force Leadership School and holds a degree in management and operations from Loyola University, Chicago. He will report to Armstrong.
ProBuild acquires Jacksonville dealer
ProBuild Holdings has announced the acquisition of Granger Lumber-Hardware, a Do it Best dealer with two locations in Jacksonville, Fla. The purchase price was not disclosed.
Founded in 1946, Granger supplies building materials, millwork and trusses to contractors and remodelers as well as serving DIYers. It will join ProBuild’s expanding collection of Florida acquisitions, which has grown to 13 locations.
The deal builds on a recent flurry of acquisitions by the company. Most recently, ProBuild said it would purchase Rosen Building Supplies, a five-unit supplier of drywall and steel framing materials to the south Florida and Las Vegas markets.
In November, ProBuild announced it would purchase the LBM division of HD Supply, which operates out of 19 lumberyards in the Atlanta area and 20 in Florida. In December, ProBuild announced it would acquire Lumber Inc., a distributor of lumber, flooring and roof trusses based in Albuquerque, N.M.
ProBuild currently operates more than 530 locations in 41 states.
BMHC sells Aspen property
San Francisco-based Building Materials Holding Corp. (BMHC) announced that its wholly owned subsidiary, BMC West, has completed the sale of real estate used by its former building materials distribution operation in Aspen, Colo., to the City of Aspen. The sale price was $18.25 million.
The deal, which closed on Dec. 17, completes BMHC’s previously announced strategic sale of three retail-oriented business units in western Colorado. The company, which provides residential construction services and building materials, said it will continue to focus on professional builders and contractors and to emphasize value-added products and services.
In conjunction with the sale, BMHC will recognize a gain of approximately $10 million for the fourth quarter of 2007.
“We continue to evaluate all of our facilities to determine if they provide the right mix of professionally-oriented products and services to drive long-term growth,” said Robert Mellor, BMHC chairman, president and CEO.
BMHC had sold its property in Austin, Texas, earlier in 2007.