LP helps build mortgage-free homes for wounded veterans
Louisiana-Pacific Corp. is collaborating with Operation Finally Home to build mortgage-free homes for wounded veterans.
LP donated SmartSide product and PR support to a home built by New American Homes in Greater Chicago for U.S. Army Spc. Nick Mapson, who sustained debilitating injuries in Afghanistan. This included the Home Builders Association of Greater Chicago (HBAGC) with the National Association of Home Builders and the Chicago NFL Players Association Former Players Chapter.
The Mapson home was built with universal design principles, including specific floor plan accommodations and such amenities as wide doorways and circulation areas and enhanced accessibility in entrances.
LP participated in four events:
• Siding of the home by former NFL players;
• Presentation about the home to the HBAGC membership;
• Surprise announcement about Mapson and the home at the HBAGC’s annual golf event; and
• Giving the home keys to Mapson and his family.
Universal Forest buys pallet, container manufacturer
Universal Forest Products has announced that one of its subsidiaries is expanding the company’s industrial business in the northwest United States with the acquisition of the operating assets of Nepa Pallet and Container Co., a manufacturer of pallets, containers and bins for agricultural and industrial customers.
The purchase of Nepa by UFP Washington advances a number of Universal’s strategic objectives: to enter that geographic market without adding capacity to the marketplace, to expand its industrial busines, and to grow by acquiring successful companies.
Nepa has facilities in Snohomish, Yakima and Wenatchee, Wash., and had trailing 12-month sales through September 2012 of $25 million. Closing is expected to take place in early November 2012.
“In its 75 years, Nepa has built a strong reputation as a solid manufacturer with great customer service. Its employees are loyal and dedicated, which is consistent with our culture,” said Matthew Missad, CEO of Universal Forest Products. “We look forward to adding Nepa and its people to the Universal family of companies, and growing with them in a territory that’s important to Universal’s future and success.”
Beacon makes Pittsburgh acquisition
Beacon Roofing Supply, one of the nation’s largest distributors of roofing and other exterior building products, has reached an agreement to acquire McClure-Johnston Co., a Pittsburgh-based distributor of residential and commercial roofing products and related accessories. The purchase price was not disclosed.
Headquartered in the Pittsburgh suburb of Braddock, Pa., McClure-Johnston has 14 locations with eight in Pennsylvania, three in West Virginia, one in Western Maryland and two in Georgia. Annual sales are approximately $85 million. The transaction is expected to close on or before Nov. 1, 2012.
Paul Isabella, Beacon’s CEO and president, emphasized the strategic fit of the acquisition and the compatibility of the two companies in the company’s announcement. He stated, "For nearly a century, McClure-Johnston has been a leader in the industry. We are very excited that the Hogan and Oxenreiter families chose to align the great company they have built together with Beacon as we continue our expansion in these key markets and beyond. We are very pleased to welcome them and the entire experienced and highly regarded McClure-Johnston team to the Beacon family."
Headquartered in Peabody, Mass., Beacon Roofing Supply operates 210 branches in 38 states in the United States and across Canada.