REPORT: Caldwell Lumber to close
An award-winning family business falls just short of the century mark.
An article in Columbus (Wis.) Journal profiles Caldwell Lumber and the third-generation company’s difficult decision to close its doors after 99 years
The article can be found here.
Caldwell Lumber was the 1999 Wisconsin Lumber Dealer of the Year, an award presented by the Wisconsin Retail Lumber Association.
Gulfeagle Supply enters lumber market
The Tampa, Fla. roofing distributor branches out with Kimal Lumber acquisition.
Gulfeagle Supply, the Tampa, Fla.-based roofing and building products distributor, has acquired Kimal Lumber & Hardware.
The move marks Gulfeagle’s entry into the lumber distribution business.
Kimal operates three locations in Sarasota, Englewood, and Nokomis, Fla. Founded in 1981, Kimal was formed Al Bavry and Kim Pavkovich; both former Wickes employees.
In a statement released via its social media pages, including Facebook and Linkedin, Guleagle said, “We are pleased to announce that Kimal Lumber Company has joined the Gulfeagle family.”
Kimal also operates their own door assembly facility and truss plant.
“While lumber is a newer product for Gulfeagle … it’s still building material distribution and that’s what we do best,” Gulfeagle said.
Founded in 1973, Gulfeagle operates more than 70 locations in 18 states.
U.S. LBM expands in Mid-Atlantic
U.S. LBM has acquired Blevins Building Supply with 6 locations in North Carolina and Virginia.
U.S. LBM Holdings has acquired Blevins Building Supply, a building materials distributor with 5 locations in western North Carolina and one in southern Virginia.
Blevins Building Supply will continue to operate under the Blevins name as a unit of U.S. LBM’s Parker’s Building Supply, which has 25 locations in Texas and California.
Third generation owner Bill Blevins, who has led the company for more than 60 years, will continue with Blevins in an advisory role, with General Manager Randy Miller leading day-to-day operations. Blevins will also continue its relationship with Do it Best, the second-largest home improvement co-op in the building products industry. Based in Buffalo Grove, Ill., U.S. LBM is one of the largest Do it Best dealers in the country.
Founded in 1946 by Quincy and Wayne Blevins, Blevins Building Supply is a provider of specialty building materials, including roofing, cabinetry, windows, appliances, insulation and paint, to pros and homeowners in North Carolina and southern Virginia. With this acquisition, U.S. LBM expands its presence in the rapidly growing North Carolina market and adds the company’s first location in Virginia.
“Parker’s and Blevins have complementary operating models and share the same principles of providing superior customer service and a wide catalog of products to both do-it-yourselfers and building professionals,” said Parker’s Building Supply President Chris Rivers. “We’re pleased to welcome the Blevins team to the Parker’s family and the greater U.S. LBM network.”
Prior to this acquisition, U.S. LBM operated more than 240 locations in 29 states. For the first six months of 2018 U.S. LBM generated sales of $1.57 billion, rising 7.5% from sales of $1.46 billion during the first half of 2017