The lumber and building material buying cooperatives PAL and ENAP announced today they have received shareholder approval on merging the two cooperatives. The newly merged cooperative will be called LBM Advantage.
The two co-ops are expected to conclude their transaction by mid-year. LBM Advantage plans to operate out of three locations: New Windsor, N.Y.; Grand Rapids, Mich.; and Monroe, La. Its combined membership will span 33 states and include 447 member companies operating 742 lumberyards.