Content about Company Expansion

December 16, 2014

The new timberland purchase is located in the north-central Adirondack Park vicinity and spans across three counties.

The Molpus Woodlands Group has made another purchase -- this time, a 112,238-acre lot in upstate New York.

The new timberland purchase is located in the north-central Adirondack Park vicinity and spans across three counties. It has been in timber production for over a century and specializes in hardwood sawtimber and pulpwood.

November 7, 2014

New Holland, Pennsylvania-based Superior Walls of America is now "of America" -- and then some.

The producer of precast concrete insulated wall systems has expanded its operations into Canada with two new licensees that will be manufacturing precast concrete foundation systems.

Superior Walls Alberta (located near Calgary) will be offering Superior Walls Xi products throughout Alberta, and Superior Walls by Magnis (based in Beausejour) will provide Superior Walls Xi Plus throughout Manitoba.

November 6, 2014

The Scotts Miracle-Gro Company created the Hawthorne Gardening Company, a wholly owned subsidiary focused primarily on the emerging areas of indoor and urban gardening products.

August 13, 2014

Hardware Distribution Warehouses, Inc. CEO and President Kenneth R. Beauvais said HDW will be expanding its wholesale services into the Florida panhandle beginning Sept. 1.

“In addition to our recent expansion into Northwest Texas, we have made the decision to extend our service area into the Florida panhandle,” Beauvais said. “This expansion will result in additional opportunities for our employee owned company.”

The announcement was made at the company’s 2014 Fall Market, which ended Aug. 10 in Shreveport, Louisiana.

July 16, 2014

Kent, Ohio-based Carter Lumber continues down the expansion trail by opening a new location on the north side of Charlotte. 

The facility located at 4401 Pete Brown Rd. in Charlotte made its first deliveries Monday, five days after taking possession.

July 16, 2014

Dallas-based Roofing Supply Group is opening up two new locations on the West Coast -- one in McClellan Park, California and one in Woodinville, Washington.

The roofing supplies distributor now stands at 19 locations in the Western U.S., where it is currently making moves to expand.

April 25, 2014

US LBM’s flurry of expansion announcements continued yesterday, with the addition of Coastal Roofing Supply to the US LBM family of companies.

Founded in 2009 by Tony Mila, Coastal Roofing Supply provides commercial and residential roofing materials to central Florida through its Clearwater and Rockledge locations. 

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.