DISTRIBUTORS/CO-OPS

Guardian Building Products acquires Hawkeye Building Distributors

BY HBSDealer Staff

Greenville, South Carolina-based Guardian Building Products has scooped up Hawkeye Building Distributors.

"We have always admired Hawkeye, as there are many similarities between our companies," says GBP president and COO Jim Becker. "We serve the same type of customers and the majority of our product lines are the same, which makes this such a unique opportunity. More importantly, our teams mesh well culturally."

Rock Island, Illinois-based Hawkeye is a two-step distributor of building material and hardline, roofing amd millwork products serving independent retail lumber yards in the Midwest.

Hawkeye also has locations in Chillicothe and Joplin, Missouri, and a millwork assembly facility in Rock Island.

The acquisition is expected to add more than 300 customer accounts and 60 suppliers to GBP's network.

Additionally, Hawkeye owners and founders Donald DeWulf and Carl "Butch" Stahler will join GBP's executive team, focusing on creating a seamless transition and growing the customer base.

"It was important for us to find a purchaser that was genuinely concerned about our employees and customers," said Stahler. "We wanted to ensure the purchaser could maintain the service levels we built over the years — we have found that with Guardian Building Products."

"The acquisition gives Guardian Building Products a stronger presence in the Midwest and reinforces our commitment to the millwork category," said Becker.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
DISTRIBUTORS/CO-OPS

Busy Beaver strikes again

BY HBSDealer Staff

Pittsburgh-based Busy Beaver Building Centers acquired Latrobe True Value Hardware of Latrobe, Pa.

This location, which will now be referred to as “True Value of Latrobe,” has been a part of the community since 1983 and at its current location since 1997. Original owners Francis and Gertrude Freedman are “happily retiring,” according to the announcement, while a majority of the staff will remain with the store including general manager Al Egner, a 33-year store veteran.

“We will honor the hometown legacy that Fran and Gertrude have established by serving the Latrobe community with a relentless focus on customer service,” said Joseph Kallen, CEO of Busy Beaver. “Our goal is to exceed all expectations of what a hometown hardware store can be.”

The acquisition of True Value of Latrobe marks the second True Value location for Busy Beaver. Earlier this year, Busy Beaver successfully developed and opened True Value of Moon Township on Beaver Grade Road. Currently, Busy Beaver operates 16 full-line Busy Beaver home improvement centers and two True Value hardware stores.

The last time Busy Beaver operated 18 stores was more than 10 years ago.

With a goal of Spring 2017, True Value of Latrobe will be remodeled and expanded to a 9,300 sq. ft. space at the same location. The site is also home to a former beer distributor, which is no longer in business. True Value of Latrobe will expand to occupy the entire building and feature paint, lawn and garden/seasonal, hardware, tools, electrical, plumbing, pet supplies, cleaning supplies and homewares.

“True Value of Latrobe will feature our company’s W.E.C.A.R.E. Customer Service Pledge,” Kallen said. “Our pledge promises legendary service from the time you are greeted through the time you leave. We load your vehicle and thank you for your purchase.”

The Customer Service Pledge was developed to enhance the customer experience by creating a more helpful, friendly shopping environment with the goal of completing the entire project in one trip, the company said.

Busy Beaver, which joined the True Value co-op about a year ago, continues to expand into new locations and formats and, at the same time, reinvigorate its existing locations.

Since 2014, Busy Beaver has opened three new stores, acquired True Value of Latrobe and remodeled and/or moved five existing stores. In the coming year, Busy Beaver plans to remodel four stores in 2017 and another four in 2018, as well as open a new Busy Beaver home improvement center in Elkins, W.Va. Continued expansion is planned with both formats through ground up stores and existing store acquisitions.

Busy Beaver was founded in 1962 with three lumber yards located in the Pennsylvania towns of Clairton, Verona and Carnegie. The company expanded into full-line home improvement centers and currently operates 16 stores in three states: Pennsylvania, Ohio and West Virginia. 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
DISTRIBUTORS/CO-OPS

Huttig names a new GM in Dallas

BY HBSDealer Staff

Huttig Building Products has hired a new general manager for its Dallas, Texas, branch.

Marco Oropeza will bring over 30 years of experience in the industrial, business-to-business environment to his new role in Dallas.

Over the span of his career, he's been involved in a variety of sectors including power, automotive, electronics and material handling.

He has spent over 25 years working around the globe with Siemens and most recently, as president and CEO of Portec Group International, where he increased revenues by more than 40% during his tenure.  After selling Portec to Interroll Group, he served as VP business development with global responsibilities.

“We are excited to have Marco as part of the Huttig team,” said Rick Richardson, regional VP for Huttig. “His experience will energize our operations in Dallas and across the entire Texas market, which are critically important to the growth and success of our company.”

Oropeza is also a board member of the International Association of Baggage System Companies (IABSC) and serves as the chair of their Safety Committee. 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?