Lyman Lumber

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Carter Lumber Buys US LBM's Indy Unit

US LBM confirmed it sold the assets of Indianapolis market unit, Hall & House, to Carter Lumber. Read more

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BlackEagle Partners Acquires Lyman Lumber

BlackEagle Partners, the private equity firm that created and owns US LBM, acquired the Midwest operations of Lyman Holding Co. The acquisition involves Lyman Lumber's location in Chanhassen, Minn., and its various subsidiaries, including Automated Building Components, Carpentry Contractors Corp., and Lyman Lumber of Wisconsin. The company will become part of US LBM. Read more

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Lyman Lumber Sells off Midwest Operation as Part of Ch. 11 Filing

Lyman Lumber Co., No. 21 on the latest ProSales 100 listing, has begun Chapter 11 bankruptcy proceedings and entered into a letter of intent to sell its Midwest operations to SP Asset Management LLC. Read more

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Lyman Shuts 2 Washington State Operations

Two more units of Lyman Lumber, the No. 21 company on this year's ProSales 100, are in the process of shutting down as a consequence of Lyman's Chapter 11 bankruptcy. Read more

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Lyman Lumber, Now in Ch. 11, Owes $100 Million

Lyman Lumber, the No. 21 dealer on this year's ProSales 100 that filed for Chapter 11 bankruptcy earlier this month, has $100.3 million in total liabilities and only $15.5 million in assets. Lyman Lumber posted year-to-date results of $15.4 million, which appears to put the company on track for well below the $37.4 million in profit the company posted last year. Read more

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Lyman Lumber Files For Ch. 11; Sells Off Midwest Operations

Lyman Lumber Co. announced it has begun Chapter 11 bankruptcy proceedings and that it agreed to sell its Midwest operations to Steel Partners, a New York-based strategic advisory and management company. Read more

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