Great Southern acquires treating plant
A subsidiary of Great Southern Wood Preserving acquired a wood treating plant in Mansura, La., formerly owned by Elder Wood Preserving.
Great Southern CEO Jimmy Rane said the two companies have similar cultures. "Our involvement will simply enable that plant to bring more products and more resources to its customers than ever before while allowing us to expand our footprint," he said.
Elder Wood has been an industry leader for more than 30 years, he added.
Great Southern, based in Abbeville, Ala., is a leading producer of pressure treated pine lumber. The company was established in 1970.
BlueLinx to make private-label engineered lumber
BlueLinx Holdings, the Atlanta-based distributor of building products, has announced plans to launch a complete line of privately branded engineered lumber products. The company currently is finalizing agreements with suppliers, and anticipates that the new line will be available beginning Feb. 13, 2012. The Engineered Lumber Purchase Agreement with Georgia-Pacific Wood Products, under which BlueLinx currently distributes engineered lumber, will expire in accordance with its terms on Feb. 12, 2012.
In a prepared statement, BlueLinx said it would release additional information as product line details are finalized. "We look forward to continuing to service our customers’ needs for engineered lumber and grow our business into the future," said George Judd, president and CEO.
BlueLinx offers more than 10,000 products from over 750 suppliers to serve approximately 11,500 customers nationwide, including dealers, industrial manufacturers, manufactured housing producers and home improvement retailers.
Beacon acquires Denver roofing company
Beacon Roofing Supply, the Peabody, Mass., distributor of roofing and other housing exterior materials, has announced the acquisition of Fowler & Peth, a distributor of residential and commercial roofing products and related accessories headquartered in Denver.
Founded in 1948, Fowler & Peth has six locations in Colorado, two in Wyoming and one in Nebraska. Annuals sales are approximately $60 million.
Kurt Peth, co-owner of Fowler & Peth, said in a prepared statement: "Joining Beacon will enable Fowler & Peth to grow our business more quickly and presents greater career growth opportunities for our employees. We are excited about our future with Beacon, which shares our core corporate values."
Paul Isabella, Beacon’s CEO and president, emphasized the strategic fit of the acquisition and the compatibility of the two companies. “Fowler & Peth allows Beacon to expand our presence in the very important Denver market beyond our existing Denver branch and to serve customers in the surrounding states. Fowler & Peth is a key component to Beacon’s westward expansion plans and will be a gateway to further geographic growth for our company.”
Beacon Roofing Supply is a leading distributor of roofing materials and complementary building products operating 194 branches in 38 states in the United States and across Canada.