DISTRIBUTORS/CO-OPS

Boise Cascade is celebrating 60 years

BY HBSDealer Staff

Boise Cascade Company is hosting a year-long celebration of its 60-year anniversary as a united company.

In May 1957, Boise-Payette Lumber Company merged with Cascade Lumber Company to form the entity currently known as Boise Cascade.

“Our company has gone through a lot of changes over the past 60 years,” notes CEO Tom Corrick. “Through it all we have been sustained by our culture and ability to build and maintain strong and lasting relationships with our employees, customers, suppliers, communities, and owners.  Our celebrations over the next year will honor those relationships as we talk about who we are, where we have been, and how excited we are about where we are going.”

The company plans to celebrate the milestone with each of Boise Cascade’s over 6,600 employees at nearly 60 locations throughout the United States and Canada.

"Boise Cascade is proud of the stability and focus of their two core businesses, Wood Products Manufacturing and Building Materials Distribution. They pride themselves on being a stable and consistent partner with a strong sense of urgency to help customers achieve success.

Boise Cascade’s customers and suppliers are an integral part of their history.  During their year-long 60th celebration they are taking the opportunity to say thank you to their customer and supplier partners that have contributed to their success.  They could not have done it without the loyal relationships and support," said the company in a statement.

Boise Cascade also noted that most of the senior management team has been with the company for more than 35 years.

"While experience is important, Boise Cascade is extremely focused on bringing in the next generation and immersing them in the culture," added the company. "While Boise Cascade is celebrating 60 years of service to this outstanding industry, they continue to look to the future.  Investing in capacity, infrastructure and facility upgrades, Boise Cascade is also committed to investing in technology to provide the best, most accurate service possible for their partners."

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Costello’s opens up a new Long Island location

BY HBSDealer Staff

Costello’s Ace Hardware has expanded in Long Island with a new location in Melville, N.Y.

The Melville store, located at 720 Walt Whitman Road, will mark the chain's 29th location.

“The Costello’s team is delighted to be opening our newest store in Melville, N.Y.,” said Michael Costello, CEO of Costello’s Ace Hardware. “The neighborhood has been without a local hardware store for nearly two decades. We are thankful for the opportunity to amaze our new neighbors with our special blend of attentive, knowledgeable service, local convenience, and a focus on quality products and brands."

"Our modern store and professional staff have all the products and know-how that the local residents need to take care of their homes and outdoor spaces, along with outstanding everyday and seasonal values. We look forward to earning a place in the hearts of the community," he said.

The 11,000-sq.-ft. store was previously a home window finishings store, and it will now feature a full selection of hardware categories like plumbing, lighting, and lawn and garden; as well as an extensive selection of premium grills, including Weber, Traeger Wood Pellet Grills and Big Green Egg.

Customers will also find other top brands, including Yeti and Craftsman hand and power tools, as well as The Paint Studio at Ace.

A grand opening for the store will take place in September 2017.

Costello's was founded in 1976 and has stores all over Long Island, northern New Jersey, Maryland and Brooklyn.

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CBC invests in Professional Builders Supply

BY HBSDealer Staff

Capitol Broadcasting Company (CBC) has acquired a substantial interest in Professional Builders Supply, a Morrisville-based distributor of building materials in the Carolinas.

The investment creates an equity partnership between CBC and PBS founder and CEO Van Isley, CFO Steve Lochbaum and founder and Wilmington Market president Troy Wilkerson.

"This investment continues a tradition of diversification at CBC," said CBC VP James Goodmon, Jr. "Without question our roots are in broadcasting, but over the years we've expanded our portfolio with properties like the Durham Bulls, The American Tobacco Historic District and Rocky Mount Mills. PBS is a highly successful, growing company with a great reputation for customer service and community involvement. That's exactly the type of operation we want as part of CBC."

PBS serves single-family and multifamily residential builders across the Carolinas. It was founded in 2003 and currently employs 285 associates, with operations in Morrisville, Wake Forest, Charlotte, Wilmington and Charleston.

"When we embarked upon the process of identifying a partner that would allow us to accomplish several objectives, including providing a well-deserved exit for our non-employee minority investors, allowing the three employee investors to diversify our net worth, ensuring a stable future for our associates and positioning the company for additional growth, we could not have written a better script," said PBS CEO Van Isley. "We are extremely excited about partnering with the CBC team and the Goodmon family, whom we have known and respected for many years."

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