No deal: Cedar Creek and WWP end talks
Oklahoma City-based building products distributor Cedar Creek and Wholesale Wood Products of Dothan, Ala., ended merger discussions, Cedar Creek announced Thursday.
"Despite everyone’s best efforts, we were not able to get to a mutually acceptable agreement with Wholesale Wood Products," said Bill Adams, CEO of Cedar Creek.
WWP’s Chuck Harris said the discussions ended on the best of terms.
In May 2010, Cedar Creek was recapitalized by Boston-based Charlesbank Capital Partners with plans to grow the company beyond its current 17-state trade area.
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.