Boise Cascade expands in Detroit
Boise Cascade’s Building Materials Distribution division has announced its expansion in Wayne, Mich., outside of Detroit, where it recently moved into larger facilities. The operation now includes an additional 80,000 sq. ft. of enclosed warehouse space, 6,500 sq. ft. of new office space, and 9,000 sq. ft. of covered truck loading area. In addition, the expansion provides an additional four acres of outside storage, as well as railcar unloading facilities.
In a prepared statement, Jeff Wiska, manager of the Wayne operation, said: “The new facilities will provide our branch with the opportunity to greatly expand our product line, thereby enabling us to provide our customers with many new products and enhanced service.”
Builders FirstSource opens new Florida location
Builders FirstSource, the Dallas-based LBM chain, has announced the opening of a new location in Riviera Beach, Fla. The 45,000-sq.-ft. facility, located off the I-95 corridor in Southern Florida, will replace the company’s West Palm Beach location.
"We have served the state of Florida for a number of years, and this new location will allow us to serve four counties, including Indian Riviera County, St. Lucie County, Martin County and Palm Beach County," said CEO Floyd Sherman in the announcement.
The new lumberyard offers a full line of building materials and sells roof trusses, floor trusses and wall panels.
Builders FirstSource operates 51 lumberyards and 44 manufacturing plants, often at the same location, in nine states, principally in the southern and eastern United States.
Sales rise, losses narrow at Ply Gem
Ply Gem Holdings, a maker of siding, fencing, doors, windows and other exterior products, reported third-quarter net sales of $297.9 million, a 10.5% hike over sales of $269.5 million in the same quarter last year.
The Cary, N.C., company posted a net loss of $458,000 for the third fiscal quarter, which ended Oct. 1. This compares with a net loss of $6.4 million in the corresponding quarter of fiscal 2010. Third-quarter operating earnings were $25.1 million compared with $24.6 million for the third quarter of 2010.
Gary Robinette, president and CEO, said in a prepared statement: “Market conditions for the U.S. home-building and remodeling industry have remained challenging throughout 2011. As such, Ply Gem continues to focus on gaining profitable market share, while maintaining tight control over operating expenses and maximizing cash flow. Despite single-family housing starts being down 12.7% in the first nine months of 2011 as compared with the prior year, Ply Gem’s sales increased 2.2%, reflecting new customer wins and further demonstrating our ability to gain profitable market share.”