Strait & Lamp Group, an Ohio-based independent, confirmed today it has purchased a recently closed Builders FirstSource (BFS) lumberyard and components plant in Mason, Ohio, and reopened it Monday as Strait & Lamp Lumber and Components.
The changeover in Mason is among dozens of sites nationwide this summer in which lumberyards and factories have changed hands. Most, but not all, are related to Stock Building Supply's reorganization under Chapter 11, from which the country's No. 2 LBM operation emerged with a new focus on just 19 markets.
BFS, the eighth-biggest company on the 2009 ProSales 100, has made similar attempts to focus its energies during the housing recession. It exited the New Jersey market last fall, and this spring it decided to close its Ohio market operations--units in Cincinnati and Mason, Ohio, as well as one across from Cincinnati in Erlanger, Ky. Those closures helped it report July 23 that ts net loss shrank by half in the second quarter to $22.6 million from $45.9 million in the year-earlier period despite incurring a 37.8% drop in sales to $175.5 million
Dublin, Ohio-based Strait & Lamp's acquisition of the Mason facility brought it a lumberyard, truss facility, and wall panel plant. Strait & Lamp also has several other lumberyards; a contracting facility; another roof truss, floor truss, and wall panel plant; and a millwork shop. It concentrates on serving central Ohio. It is privately held.