Hoosier State expansion for ABC Supply
ABC Supply Co. Inc. has opened a new branch in Valparaiso, Ind.
The location will be managed by Jessie Vega who joined ABC Supply’s Tinley Park location in 1999. Vega has worked as a delivery driver, inside sales associate and, most recently, a delivery service manager during his tenure with the company.
With the addition of the Valparaiso branch ABC Supply now has 15 locations throughout Indiana.
“The goal of every ABC Supply branch is to support contractors and make their jobs easier,” said Jim Welch, vice president of ABC Supply’s Midwest Region. “We’re looking forward to building relationships with customers in the area with our high-quality products and trusted expertise. Of course, we’re also excited to become part of the larger Valparaiso community.”
ABC Supply Co. Inc. is the largest wholesale distributor of roofing in the United States. Headquartered in Beloit, Wis., ABC Supply has more than 700 locations nationwide and also distributes select exterior and interior building products.
Parksite acquires Atlantic Plywood Corp.
Parksite acquired Atlantic Plywood Corp., a distributor of industrial wood products and accessories in the Northeastern United States.
The company announced the deal Friday afternoon.
“We’re combining two companies, with outstanding operations in the Northeast, who’ve operated alongside each other in adjacent product categories,” said Ron Heitzman, CEO of Parksite. “Creating one company to deliver product solutions from industrial wood products, to premium surfacing materials, to specialty building materials, throughout the entire Northeast will provide our customers an unmatched resource in the market.”
Atlantic Plywood will operate as a wholly-owned subsidiary of Parksite, the company said.
Both Parksite and Atlantic Plywood are employee-owned (ESOP) organizations.
“Because Parksite is also an ESOP was key in our decision-making process”, said Paul Vella, president of Atlantic Plywood. “Atlantic Plywood and Parksite are in the same industry, with adjacent categories, so combined with the tremendous culture an ESOP provides for the employee-owners of both organizations, the opportunity for industry crossover will be very intriguing in the future,” Vella commented.
Parksite’s objective is grow significantly faster than the market and acquisitions are important piece of the growth strategy, the company said.
The company, founded in 1971 by John Morrisroe and Ray Biggins, began an acquisition path in May 2000, with the purchase of Plunkett-Webster, an East Coast-based wholesale distribution company specializing in building products, followed by the 2001 acquisition of Metro Sloan Distribution, Pittsford, New York. In May 2005, Parksite acquired Eastern Distributors Inc., a Philadelphia-based building materials distributor. In 2010, it purchased the DuPont Surfaces business assets of L.E. Smith Company in Ohio. And in August 2015, it purchased Lavelle Company, a North Dakota-based building material wholesaler.
Do it Best taps new talent for LBM team
Fort Wayne, Ind.-based Do it Best Corp. added two industry pros to its lumber and building materials team. Josh Ratcliff joins Do it Best as lumber sales and operations manager. Gary Heft will take on the position of lumber/panels specialist.
Previously with Carter Lumber, Ratcliff will lead the coordination and expansion of the co-op’s reload management team, while building and growing key vendor relationships, managing member group buys. He brings nearly 20 years of industry experience to the position.
Gary Heft brings nearly 30 years of industry experience, strong relationships with primary mills and a proven track record of great service to the independent lumber dealer market, the co-op said. Most recently, he served as forest products and panels trader at LMC. Heft is tasked with building on his previous experience to grow key strategic relationships with both suppliers and members.
“It’s rare to find industry veterans with the combination of experience, expertise and enthusiasm that both Josh and Gary possess, which is why we are incredibly excited to welcome them to our LBM team,” said Gary Nackers, VP of LBM for Do it Best Corp.
Both additions reinforce the co-op’s position as the driving force in the LBM industry as it continues to increase lumber and building materials sales opportunities for existing dealers while attracting new ones.