News

U.S. LBM acquires Deering Lumber

The move expands U.S. LBM’s presence in Maine to 5 locations.

BY HBSDealer Staff

U.S. LBM Holdings has acquired Deering Lumber based in Biddeford, Maine.

With this acquisition, U.S. LBM now has 5 locations throughout Maine.

Founded in 1866, Deering Lumber operates 3 locations in Maine, serving custom home builders and remodelers across southern and coastal regions of the state along with the neighboring New Hampshire coastline.

A distributor of lumber and a wide range of specialty building products, including windows, doors, decking, wallboard, roofing and siding, Deering Lumber will continue to be led by President C.D. Armstrong.

“A strong customer base, diverse product offering and team focused on customer relationships make Deering Lumber an ideal addition to our family of companies,” said U.S. LBM President and CEO L.T. Gibson. “By adding a market leader in Deering Lumber, we’re expanding our reach and customer base in the coastal New England residential construction and renovation market.”

Based in Buffalo Grove, Ill., U.S. LBM operates more than 240 locations nationally and had sales of $3.1 billion last year.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

What will be the key to selling more decks in 2019? (Choose up to two answers.)