Content about Company Expansion

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.” 

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.

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.

Oklahoma City-based Cedar Creek plans to open a new location in Birmingham, Ala. The company said the site is ready, and employees are being hired in anticipation of a Feb. 1 opening.

“We are pleased to further expand our presence in Alabama and the Southeast, in general, as we believe these areas will be on the leading edge of the residential building recovery," said Bill Adams, CEO of Cedar Creek. 

Boise Cascade’s Building Materials Distribution division has announced its expansion in Wayne, Mich., outside of Detroit, where it recently moved into larger facilities. The operation now includes an additional 80,000 sq. ft. of enclosed warehouse space, 6,500 sq. ft. of new office space, and 9,000 sq. ft. of covered truck loading area. In addition, the expansion provides an additional four acres of outside storage, as well as railcar unloading facilities. 

Ferguson Enterprises, one of the nation’s largest plumbing and HVAC wholesalers, has leased industrial space at the port of Houston, according to the Houston Business Journal.

The Newport News, Va.–based company, which has several locations in the Houston area, has leased about 206,000 sq. ft. of industrial space at the Port Crossing Commerce Center in La Porte.

Trex Co., the major manufacturer of wood-alternative decking and railing products, is expanding its presence in the Pacific Northwest with the addition of International Wood Products (IWP) to its distribution network. 

IWP will now supply Trex products -- including the high-performance Trex Transcend decking and railing collection -- to dealer partners across the territory.

Home Hardware Center is preparing to expand its 18-store footprint in Mississippi and Louisiana, according to the company's owners, who say they are looking to bring acquisition expertise to a new venture called Central Network Retail Group (CNRG).

Beacon Roofing Supply, one of the nation’s largest distributors of roofing, siding and other exterior building products, has announced the acquisition of Enercon Products, a roofing distributor with six locations in western Canada. Headquartered in Edmonton, Enercon also has branches in Calgary, Regina and Saskatoon, along with two branches in Vancouver. It generated annual sales of approximately $45 million in 2010.

Ace Hardware Corp. reported total revenues of $859.3 million for the fourth quarter, a 7.4% increase over revenues of $800.3 million for the same quarter in 2009. Net income was $20.6 million for the fourth quarter of 2010, compared with $12.4 million in 2009, a 65.1% increase.

For the full year, total revenues were $3.5 billion, a 2.1% increase over fiscal 2009. Net income was $75.1 million for fiscal 2010, compared with $95.7 million in fiscal 2009, a 21.5% decrease.  

Two of the nation’s largest dealers of green building materials became one this week when Green Depot purchased Ecohaus, a Pacific Northwest icon, creating an East-West network of environmentally friendly LBM stores.