Content about Dallas

May 15, 2013
Eagle Materials reports big gains for the fiscal year

Dallas-based building materials manufacturer and distributor Eagle Materials reported big sales and earnings gains for the fiscal year ended March 31.

The maker and distributor of cement, gypsum wallboard and other materials reported full year revenues of $642.6 million, an increase of 30%. Net earnings for the year were $57.7 million, up from $18.7 million a year ago.

May 14, 2013
Builders FirstSource plans debt refinancing

Dallas-based pro dealer Builders FirstSource said it plans to offer $350 million of senior secured notes due in 2021. 

Also, the pro dealer intends to enter into a new revolving credit facility, expected to provide for revolving credit borrowings of up to $175.0 million.

 

May 1, 2013
Overhead Door expands distributor offerings

Dallas-based Overhead Door introduced design enhancements to three of its garage door lines.

Dallas-based Overhead Door has introduced design enhancements to three of its garage door lines.

The company created a V5 stamp that mimics the look and feel of wainscoting, which will be available on the Durafirm Collection, Traditional Steel and Thermacore lines. A raised panel Ranch stamp is also now available on the Thermacore line, while decorative window inserts have been added to the Traditional Steel Collection.

April 26, 2013
Builders FirstSource posts inflation-aided sales gain

The Dallas-based pro dealer reported sales of $319.7 million for the first quarter ended March 31, up 45.7%

Dallas-based Builders FirstSource saw sales surge in the first quarter -- up 45.7% to $319.7 million.

"We were able to achieve top-line growth of greater than 30% for a sixth consecutive quarter," said CEO Floyd Sherman. "Our sales increase once again exceeded the increase in residential construction activity, as actual single-family housing starts in the South Region increased 27.4% and single-family units under construction increased 23.2%."

April 25, 2013
New hires at Snavely Forest Products

A specialist, an operations manager and a sales rep join Snavely in Dallas.

The company announced the addition of Lena Rink, typar specialist; David Cunningham, operations manager; and John Owens, inside sales representative.

Rink joins Snavely with more than 12 years experience in the building products industry. She brings valuable experience from Casco Industries, Bradco Supply Corp., and most recently SPEC Building Materials, according to the company.

David Cunningham brings with him 30-plus years of operations management experience from Foxworth-Galbraith. 

March 25, 2013
Lennox sells Service Experts business

Dallas-based Lennox International Inc. sold its Service Experts business to a majority-owned entity of American Capital.

Dallas-based Lennox International Inc. sold its Service Experts business to a majority-owned entity of American Capital.

The all-cash deal closed on March 22 and includes a two-year equipment supply agreement. Terms of the sale and supply agreement were not disclosed.

Lennox International is a global leader in the heating, air conditioning, and refrigeration markets.

February 21, 2013
Newell Rubbermaid launches a tool brand

After three years of research and development, Newell Rubbermaid has launched a new brand of tools into the heating, ventilation, air conditioning and refrigeration market.

December 19, 2012
BFS amends loan, increases liquidity

Dallas-based pro dealer Builders FirstSource has announced it amended its first-lien term loan agreement with affiliates of Highbridge Principal Strategies to enhance its liquidity position to support both current and anticipated increases in sales volume.

December 10, 2012
OSHA cites c-store in fatal workplace violence incident

The U.S. Occupational Safety and Health Administration (OSHA) cited Dallas-based TMT Inc. with four serious safety violations of the Occupational Safety and Health (OSH) Act’s general duty clause following an aggravated robbery that resulted in the death of an employee at the company’s Whip-In convenience store in Garland, Texas.

OSHA announced the violations Nov. 19, 2012, in connection with the May 2012 death of the store clerk, who was alone at the time. She was robbed and set on fire and later died from her injuries.

November 20, 2012
Builders FirstSource relaunches web site

Dallas-based Builders FirstSource unveiled its new company web site, at www.bldr.com.

Among the improvements are an “improved end-user experience,” along with location-specific information on products and services. 

“The new website will provide an enhanced user experience and will give our customers much better information about our locations and the products and services we offer,” said Morris Tolly, Builders FirstSource senior VP of operations. 

November 5, 2012
Cedar Creek makes Texas acquisition

Oklahoma City-based distributor Cedar Creek has entered into an agreement to purchase the assets of Capital Lumber’s distribution locations in Dallas and Houston. 

In a deal expected to close Nov. 30, Capital Lumber will continue to operate eight other non-Texas distribution centers and focus on the western United States.

October 19, 2012
Builders FirstSource: sales are up, but so are losses

Builders FirstSource, the Dallas-based pro dealer, reported net sales of $291.8 million for its third fiscal quarter, an increase of 34.3% when compared with the third quarter of 2011. The company estimated that sales increased approximately 27% due to increased volume and 7% due to price.

Losses from continuing operations were $12.3 million for the quarter, which ended Sept. 30. This compares with a loss of $11.5 million in the third quarter of 2011.

July 20, 2012
Sales rise nearly 32% at BFS

Revenues jumped 31.7% at Builders FirstSource, the Dallas-based pro dealer, which posted net sales of $279.1 million for the second quarter of 2012, up from sales of $206.4 million in the same quarter of 2011.

Revenues jumped 31.7% at Builders FirstSource, the Dallas-based pro dealer, which posted net sales of $279.1 million for the second quarter of 2012, up from sales of $206.4 million in the same quarter of 2011. Net loss for the quarter, which ended June 30, was $12 million, compared with $15.4 million in 2011.

June 25, 2012
Valspar is closing a Texas plant

The Dallas Business Journal has reported that paint manufacturer Valspar is closing a single plant in Texas as part of a business consolidation. 

The plant to be closed by Aug. 15 is located in Grand Prairie, Texas, outside of Dallas.

According to the article, no other plants are planned to be closed. About 58 people are expected to be laid off by the consolidation. 

June 25, 2012
Valspar is closing a Texas plant

The Dallas Business Journal has reported that paint manufacturer Valspar is closing a single plant in Texas as part of a business consolidation. 

The plant to be closed by Aug. 15 is located in Grand Prairie, Texas, outside of Dallas.

According to the article, no other plants are planned to be closed. About 58 people are expected to be laid off by the consolidation. 

May 17, 2012
Builders FirstSource to open Tennessee location

Dallas-based pro dealer Builders FirstSource has announced a new location in Clarksville, Tenn., approximately 40 miles northwest of Nashville. The facility is situated on five acres and includes a 25,000-sq.-ft. warehouse. It will offer lumber, engineered I-joist systems, roof and floor trusses, windows, doors, millwork and various other building products and materials. The scheduled opening date is in early June.

CEO Floyd Sherman said the company is looking forward to expanding its footprint in northern Tennessee and southern Kentucky.

May 7, 2012
Sales rise, losses narrow at BFS

Builders FirstSource, the Dallas-based pro dealer, posted net sales of $219.4 million for its first fiscal quarter of 2012, a 34.7% hike over sales of $162.8 million in the same quarter of 2011. The increase was primarily due to increased sales volume as commodity prices for lumber and lumber sheet goods in the quarter were, on average, comparable to the same period a year ago, the company said.

April 27, 2012
Inside the mind of contractors

The fact that contractors and remodelers have been losing bids over pricing should come as no surprise. They’re under tremendous pressure for price concessions from homeowners, and if they want to stay in the game, contractors have to lower their prices somehow. But how they choose to cut costs through purchasing, and what goes into their decision-making process, is the subject of a newly released study by L.E.K. Consulting, a global management consulting firm.

April 20, 2012
Sales jump during Q1 at Builders FirstSource

Dallas-based pro dealer Builders FirstSource reported sales of $219.4 million for the first quarter of 2012, an increase of 34.7% compared with the same quarter of 2011. The increase was primarily due to increased sales volume as commodity prices for lumber and lumber sheet goods were, on average, comparable over these same periods, according to the company.

Net loss for the first quarter, which ended March 31, 2012, was $19.2 million, compared with a net loss of $21.2 million in the corresponding quarter a year ago.

April 10, 2012
Boise Cascade consolidates in Dallas

Boise Cascade’s Building Materials Distribution has closed its facility in north Dallas and moved the operations to another expanded Dallas location. The Duncanville Road expansion includes an additional six acres of concrete paving for outside storage, an additional 10-car rail spur, and a nearby 154,000-sq.-ft. fully enclosed warehouse.

April 10, 2012
Boise Cascade consolidates in Dallas

Boise Cascade’s Building Materials Distribution has closed its facility in north Dallas and moved the operations to another expanded Dallas location. The Duncanville Road expansion includes an additional six acres of concrete paving for outside storage, an additional 10-car rail spur, and a nearby 154,000-sq.-ft. fully enclosed warehouse.

April 5, 2012
Leviton appoints new sales executive

Melville, N.Y.-based Leviton, manufacturer of electrical devices, promoted Marvin Hagemeier to the position of director of commercial and industrial sales for the Western Region.

Hagemeier joined Leviton in 1985 as an electrical distribution sales representative in East and Central Texas, and was promoted to Electrical Distribution Sales Manager for the Dallas District in 1992. In 2010 he assumed the role of South Central Regional Sales Manager.

Hagemeier will succeed Izzy Oleinik, who after a career of 23 years with Leviton, retired on January 1, 2012.

 

March 7, 2012
Atrium changes company name

Atrium Companies, Inc., the Dallas-based manufacturer of residential vinyl and aluminum windows and patio doors, will become known as Atrium Corp., effective immediately.

February 16, 2012
Q4 sales rise 31% at Builders FirstSource

Dallas-based pro dealer Builders FirstSource reported sales of $192.7 million for its fourth fiscal quarter, an increase of 31.0% from sales of $147.1 million in the fourth quarter a year ago. The company estimated that sales increased approximately 29% due to increased sales volume and 2% due to price. 

Net loss for the quarter, which ended Dec. 31, 2011, was $16.7 million, compared with $24.6 million in the corresponding period a year ago.

February 10, 2012
CNRG's latest acquisition: Elliott's Hardware

Natchez, Miss.-based Central Network Retail Group (CNRG) announced the acquisition of Elliott’s Hardware, which operates three stores in the Dallas area. The transaction closed Feb. 1. All three stores will continue to operate under the Elliott’s Hardware banner.