SRS Acquisition Corp., the fast-growing roofing specialty firm, is opening a new Roofline Supply location in Bakersfield, Calif., as the first step of "significant growth" it plans in Southern California. More
SRS Acquisition Corp. opened a new location in Annapolis, Md., under the Superior Distribution name. It's the third new store for SRS this month and the 45th overall for the McKinney, Texas-based specialty roofing company. More
SRS Acquisition Corp. is in the final stages of acquiring State Shingle Co. in Oakland, Calif., a move that will expand SRS to 44 locations nationwide, the company announced today. The purchase is structured as an asset purchase and is scheduled to close on April 1 and is intended to expand SRS' presence in Northern California. More
Green Depot, the self-titled nation's biggest building material dealers specializing in environmentally sustainable building products, grew even larger when the New York-based company announced it had acquired Ecohaus, a similar operation with locations in Seattle, San Francisco, and Portland, Ore. More
Nearly one out of every six dollars that banks currently have out in construction and development loans--16.63%--are at least 90 days past due as of Sept. 30, and another 2.23% are 30 to 90 days in arrears, the latest Federal Deposit Insurance Corp. Quarterly Banking Profile shows. More
Oakland, Calif.-based Economy Lumber Co. announced it has acquired the Oakland branch of Piedmont Lumber & Mill Co. for cash and other considerations. More
SRS Corporation revealed today that it is opening a new location in Sacramento, Calif., on Feb. 1, marking the 30-unit roofing distributor's entry into the Golden State. More
Robert Mellor, Building Material Holding Corp.'s long time CEO, will depart the company along with two other senior officers after BMHC emerges from Chapter 11 around the end of this year, America's No. 6 LBM operation announced. More
A California start-up company today announced plans to open 25 green building materials stores in the Golden State, the opening move in what its owner says is a plan to place a store within a mile of every Home Depot and Lowe's outlet in the country and build a huge green training and networking site on the Internet. More
A West Coast LBM dealer that sold three stores to Stock Building Supply in 2006 and then saw Stock close all three has bought back one of the locations and reopened it under its old name. More
