Asset Management

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Cornerstone Joins Forces With San Antonio Dealer

Raleigh, N.C.-based Cornerstone Building Alliance expanded into the Texas market by linking up with J.P. Hart. More

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PSBU: Openings, Closures, and Acquisitions

Stikine River Forest Products will build a new timber mill near Petersburg, Alaska. News from Richards Building Supply, Britton Lumber, Canfor Southern Pine, and more. More

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Kodiak Building Partners Acquires Houston Distributor

Kodiak Building Partners announced Thursday that it will acquire the assets of Gulf & Basco, a specialty building products distributor based in Houston. More

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Vendors' Top Summer Phrase? Let's Make a Deal!

While growing and shutting down is all the rage among dealers, buying and selling companies is this season's major trend among manufacturers. More

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How To Leave Voice-Mail Messages With Prospective Clients

Many sales reps lose business because they fail to leave good voice-mail messages with prospects. Here's how to remedy that--and boost sales. More

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BlueLinx Buyout Bid Extended

The investment group that owns 55% of BlueLinx Holdings extended by one week, until Sept. 3, the expiration date of its offer to buy all other outstanding shares and take the Atlanta-based distributor private. Cerberus ABP Investor LLC did so after a special committee of the BlueLinx board of directors notified stockholders that it hasn't been able to decide yet how to respond to the $49.6 million offer. More

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BlueLinx Buyout Bid Extended After Board Panel Can't Decide on Bid

The investment group that owns 55% of BlueLinx Holdings extended by one week, until Sept. 3, the expiration date of its offer to buy all other outstanding shares and take the Atlanta-based distributor private. Cerberus ABP Investor LLC did so after a special committee of the BlueLinx board of directors notified stockholders that it hasn't been able to decide yet how to respond to the $49.6 million offer. More

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Minority BlueLinx Owner Protests Majority Owner's Privatization Plan

The owner of 5% of the shares BlueLinx filed a complaint Tuesday seeking to stop the 55% owner of the LBM distributor from taking the company private, arguing the majority owner's $49.6 million tender offer values BlueLinx far too cheaply. More

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Potential Trouble Ahead? Prepare Now

Lives are not at stake in the housing market's crash but livelihoods are, consultant Ruth Kellick-Grubbs says. Her recommendations: Prepare for the worst, tighten operations now, work fast, get creative and think big. More

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Good Fortune

After posting record-breaking financial performances over the past three years, San Francisco-based Building Materials Holding Corp. (BMHC) landed in the No. 41 spot on More

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