Content about Company Expansion

April 9, 2014

Hines Supply, a subsidiary of US LBM, has opened a full-service building supply center and design showroom in Grayslake, Ill., north of Chicago.

The location, at 939 South Route 83 in Grayslake, is celebrating its grand opening today. It will be managed by 30-year industry veteran Ed Graafsma.

April 8, 2014

At the inaugural Best of U.S. awards ceremony in Washington, D.C., Kori Ade, coach of U.S. Olympic figure skater Jason Brown, was honored with the USG Building Dreams award.

Ade had been Brown's coach for 14 years -- the only one he's ever had -- and has never missed a performance. She's seen him through 14 international trips and many junior, national and international wins. She also moved her family to help meet his training requirements.

February 7, 2014

USG Corporation reported fourth-quarter and full-year results for 2013, generating fiscal-year net income for the first time since 2007.

Net sales for the three months ended Dec. 31 were $915 million, up a full $100 million year-over-year. Sales for the full year came in at $3.6 billion, also marking robust growth since 2012's showing of $3.2 billion.

January 27, 2014

The Toro Co. is turning 100 this July, but plans are already under way for its year-long centennial.

In reflecting on the longevity of the company, Michael J. Hoffman, Toro’s chairman and CEO, cites “the character of our people and channel partners, and their relentless commitment to serving our customers and building market leadership through innovation.”

December 20, 2013

Denver-based Kodiak Building Partners expanded its footprint in the gypsum distribution market with the acquisition of Jones-Heartz Drywall Supply, also of Denver. 

Jones-Heartz Drywall Supply's team of 57 people will remain in place, with Greg Lyon leading the combined drywall operations of Jones-Heartz and Great West Drywall Supply, acquired by Kodiak in 2012. 

December 10, 2013

US LBM Holdings, the fast-growing acquisition-oriented lumberyard company has struck again.

The Green Bay, Wis.-based holdings company acquired New Holland, Pa.-based Musselman Lumber from partners Galen Eby, Joe Good and Bob Quinlivan. 

Founded in 1911, Musselman is a building material supplier in Central Pennsylvania with two locations serving Lancaster, Pa. and its surrounding counties.

November 20, 2013

Kent, Ohio-based Carter Lumber expanded south with the opening of its first store in Georgia. 

The 144-unit pro dealer acquired Athens Building Supply in Athens, Ga., which opened yesterday under the Carter Lumber banner.

November 7, 2013

Toll Brothers is expanding its footprint in California through the purchase of Shapell Industries' home building business.

"This acquisition will provide significant growth over the coming years and, we believe, will be accretive to earnings in the first year, excluding transaction costs," said Douglas Yearley, Toll Brothers chief executive.

November 6, 2013

With the purchase of two new communities in the region, KB Home has managed to increase its presence in northeast Florida by over 70% in 2013, having accumulated more than 900 lots since 2012.

November 5, 2013

3M Company is expanding its presence in the Asia-Pacific region via two new manufacturing facilities for its window film business.

The facilities, located in China and Singapore, will help meet the growing demand for the company's automotive, residential and commercial window films.

September 26, 2013

Roofing Supply Group has announced plans to open two new locations in Canton, Ohio and White Oak, Pa., marking the 18th and 19th branches to operate in the Rocky Mountain/Midwest region.

The branches will further RSG's overall expansion strategy and will operate under Jeff Willis, regional senior VP and Pat Jennings, Midwest District manager.

September 25, 2013

Zeeland Lumber and Supply has announced plans for a full-service yard and manufacturing facility in Elkhart, Ind.

Zeeland, Mich.-based Zeeland Lumber Holdings, the parent company of Zeeland Lumber and Supply, is expanding into Northern Indiana with a distribution center, lumberyard and manufacturing facility.

September 17, 2013

Eco Building Products is expanding its market to Australia, with products hitting the shelves potentially before the end of the year via its Australian affiliate and sales agency, Eco Red Building Products Australia PTY LTD.

The company cited the country's significant termite problem and the impending Australian summer, known for its brushfires and hot, dry climate, as a motivating factor in this strategic expansion.

September 4, 2013

Scottsdale, Ariz.-based Meritage Homes is entering the Nashville market via its acquisition of Phillips Builders in Tennessee.

The acquisition includes roughly 500 lots, with 150-200 homes expected to close in 2014. Phillips will retain its brand name and management structure, with Jason and Charlie Phillips remaining at the helm of the company.

August 13, 2013

P&F Industries, Inc. reported robust second quarter earnings, primarily due to a strong Tools segment and the recent entry of its Florida Pneumatic subsidiary into The Home Depot market.

Net revenue came in at $19.48 million for the quarter, a big jump up from year-ago figures of $15.24 million. Net income was $875,000, compared to last year's $796,000.

July 29, 2013

U.S. Concrete expanded its presence in Texas via the acquisition assets belonging to Bodin Concrete, L.P. Redi-Mix, LLC, a subsidiary of U.S. Concrete, will acquire three of Bodin's ready-mixed concrete plants.

The plants, located in Wylie, Rockwall and Forney, Tex., complement Redi-Mix's exsiting presence in the Dallas/Forth Worth area.

July 8, 2013

Red Lion Insulation, part of the Masco Contractor Services family of companies, has expanded into the Atlantic City, N.J., area. 

"The employees of Red Lion Insulation are very excited to be expanding operations into the Atlantic City area,” said Douglas Sorantino, division manager. “This new location will allow us to better serve our customers in Atlantic and Cape May Counties, and also provide a local base of operations to support the communities in need of our products from the effects of Hurricane Sandy.

May 8, 2013

The organizers of the National Hardware Show acquired the Expo Nacional Ferretera, an annual hardware event in Guadalajara.

Reed Exhibitions, the company that organizes the National Hardware Show, acquired Expo Nacional Ferretera, an annual event in Guadalajara, Mexico, serving the hardware, construction and electrical markets.

Expo Nacional Ferretera, described as the largest event in Mexico and Latin America, brings with it more than 1,300 exhibiting companies occupying 50,000 square meters and 80,000 buyers from 30 countries who attend the annual event in Guadalajara.

Terms of the deal were not disclosed.

January 22, 2013

Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year.

Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (Feb. 1, 2013 to Jan. 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada.

July 10, 2012

Oklahoma City-based Cedar Creek is expanding into the Mid-Atlantic with a new location in Richmond, Va., describing the market as a high-growth area.

“This expansion is further evidence of our commitment to growing the footprint of Cedar Creek and opening new markets,” said Bill Adams, CEO of Cedar Creek. “We view this as a great opportunity to increase our presence outside of our traditional mid-South markets and enter what’s forecasted to be one of the best growth areas in the country.” 

June 12, 2012

Meritage Homes has opened a new division in Charlotte, N.C., expanding its Southeast Region operations. The division plans to open its first communities in the Charlotte area later this year.

The home builder opened new divisions in Raleigh, N.C., and Tampa, Fla., last year.

Rick Roberson has been named Charlotte division president. He has nearly 10 years of home-building experience and was most recently with the company's Texas Region.

May 11, 2012

Edison, N.J.-based Starborn Industries, a manufacturer and distributor of fastening products, introduced Deckfast Metal for the fast-growing market of steel joist deck framing systems.

The company said more architects and deck builders are using metal joist substructures when creating decks. Deckfast Metal is a fastener that can be used to attach every type of decking -- PVC, composite, capstock and hardwood -- to steel and aluminum substructures.

April 12, 2012

Aurora, Colo.-based Bona US, the hardwood-floor-care company, launched Bona Hardwood Floor Spot Cleaner designed to handle tough messes made by pets.

“Leaving pet soils on floors for an extended period of time may damage the finish of hardwood floors,” said Chad Nordhagen, director of marketing for Bona US. “Our innovative research team developed Bona Hardwood Floor Sot Cleaner to address this issue.”

March 7, 2012

Cilio Technologies, a Brookfield, Wis.-based specialist in automated order distribution and management of installed sales for the building materials industry, has announced the launch of the Cilio Partners Portal, a Web platform for home improvement retailers and manufacturers. The cloud-based software solution gives all trading partners real-time visibility and insight into orders and the sales channel, according to the company.

February 8, 2012

Young America, an incentive marketing firm, has partnered with EcoRebates, a Web and mobile rebate solutions provider, to create an online tool that compiles utility energy rebates with available manufacturer or retailer-specific offers. Customers can easily find, apply and submit the incentive offers on a wide range of products.