Content about Pro Dealer news

May 16, 2013

BlueLinx Holdings has announced that George R. Judd will no longer serve as president and chief executive, effective May 14, 2013.

BlueLinx Holdings has announced that George R. Judd will no longer serve as president and chief executive, effective May 14, 2013. Judd will also resign as a director of BlueLinx following the 2013 Annual Meeting of Stockholders on May 16.

The board has appointed Howard S. Cohen to serve as executive chairman, while the board conducts a search for a successor to Judd. Cohen has been a director of the company since 2007 and has served as chairman of the board since 2008.

May 15, 2013

Alliance Lumber acquires truss company

Phoenix-based Alliance Lumber of Arizona completed the acquisition of Central Arizona Truss (CAT). CAT, also based in Phoenix, designs and manufactures trusses for custom homes, remodels and additions in the Arizona and Southern California areas.

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 13, 2013

Beacon challenged in second quarter

Peabody, Mass.-based Beacon Roofing Supply posted a second-quarter net loss of $0.2 million, compared with net income of $3.1 million in the same quarter last year.

Sales increased 5.3% to $416.3 million in the quarter.

CEO Paul Isabella described the second quarter as "challenging."

He added: "We experienced harsh weather conditions in many of our markets, and we were up against a very strong second quarter last year when our existing market sales were up 28%."

May 9, 2013

Union poster rule struck down

The NLBMDA applauds a court decision that strikes down an NLRB-imposed poster requirement.

The National Lumber and Building Material Dealers Association (NLBMDA) applauded the decision by the U.S. Court of Appeals for the District of Columbia (D.C.) Circuit invalidating a National Labor Relations Board (NLRB) rule requiring nearly 6 million employers to post an 11-in.-by-17-in. notice regarding employee rights to unionize.

In its decision, the court held that the NLRB did not have the authority under the National Labor Relations Act to issue the poster rule.

May 7, 2013

LP reports strong Q1

Louisiana-Pacific reported net sales of $538 million, an increase from $362 million in the first quarter of 2012.

Louisiana-Pacific reported net sales of $538 million, an increase from $362 million in the first quarter of 2012. For the first quarter of 2013, LP reported income from continuing operations of $65 million, compared with a loss from continuing operations of $11 million for the first quarter of 2012.

May 6, 2013

Perennial Wood adds Northeast dealers

Kingsport, Tenn.-based Perennial Wood, maker of a modified and real wood product, expands in the Northeast.