Oklahoma City-based M-D Building Products acquired Loxcreen Co., a privately held precision manufacturing company founded in 1946 on patents for fabricating window screens.
The acquisition includes Loxcreen’s Canadian flooring group operated under the Bengard Manufacturing name in Mississauga, Ontario. Terms of the deal were not disclosed. The combined sales of both companies will exceed $200 million annually.
A new online marketplace for contractors and consumers will launch in time for homeowners who loathe the job of hanging their holiday lights. ServiceVines.com, based in Oklahoma City, will focus on jobs that involve the exterior of the home:landscaping, lawn care, lawn maintenance, tree removal and fencing. Putting up the Christmas lights and inflatable snowman is also on the list.
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.”
Authorities are investigating a theft ring involving two men -- one who disguised himself as a woman -- who may have targeted Home Depot stores in three states, according to an article in The Daily Oklahoman.
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.
Cedar Creek Wholesale, a building material distributor based in Oklahoma City, has agreed to purchase Wholesale Wood Products of Dothan and Birmingham, Ala. Financial details of the transaction were not revealed.
Wholesale Wood Products serves five southeastern states from two locations in Alabama and specialized in western red cedar and cypress.
Cedar Creek has 12 locations in 17 states across the Midwest, Mid-south and Southeast.
Oklahoma City-based Cedar Creek announced that the company closed the deal to acquire Epperson Lumber of Statesville, N.C.
Cedar Creek is a wholesale building material distribution company with 12 locations covering 17 states in the Mid-South, Midwest and Southeast. In May 2010, Cedar Creek was recapitalized by Boston-based Charlesbank Capital Partners, with the goal of providing flexible capital for the company to grow beyond its current trade areas.