San Francisco-Oakland-Fremont, CA

A little guidance is never a bad thing. Offering that guidance through a series of professional builder seminars has helped Berkeley, Calif.-based dealer Truitt & White Lumber increase sales and secure customer loyalty. More

Building Materials Holding Corporation, the San Francisco-based pro dealer and construction services provider, revealed Thursday, Oct. 23, that the New York Stock Exchange will suspend trading of the company's common stock on Oct. 29 and delist the company. BMHC said it will be listed instead on the Over-the-Counter Bulletin Board More

84 Lumber is closing 20 stores in additional consolidation moves following about 80 previous store closings in the last year, the company has announced. Nine other locations were closed Sept. 30 and Oct. 6, including stores in Fultondale and Mobile, Ala., Oklahoma City, and a truss plant in Tipton, Ind. More

Stock Building Supply, America's No. 2 LBM dealer, recorded an operating loss of $246 million in the year ended July 31, Stock's parent company, Wolseley Plc, reported today. That loss came despite a slashing of headcount and "has necessitated a fundamental review of the business," Wolseley said in its annual report. The slumping U.S. building supplies market also dealt Wolseley a second blow when it took a $40.7 million charge for the reduced value of shares in Building Materials Holding Corp. that Wolseley received as part of a 2006 acquisition of Denmark's DT Group. More

Juggernaut. Powerhouse. The clear leader in construction services. ProSales and other industry observers used those phrases less than two years ago in praise of Building Materials Holding Corp. (BMHC) and its two-pronged strategy of selling materials through BMC West and providing turnkey construction services through SelectBuild. Now, the housing recession is sweeping away that dream. More

Building Materials Holding Corp. is quickly following through with its consolidation plan revealed earlier this week, announcing today its BMC West subsidiary will close millwork and building materials distribution faculties in Merced and Bakersfield, Calif. More

Building Materials Holding Corp. announced today, May 12, that it will merge its BMC West and SelectBuild units in an attempt to streamline services that it estimates will save $20 million to $25 million annually. The San Francisco-based company--the fifth-biggest on the 2008 ProSales 100--also reported its loss deepened to $33.9 million in the first quarter vs. $5 million in the same period a year ago, while first-quarter sales sank 37% to $355 million from a year-earlier $559 million. More

SelectBuild president and CEO Michael D. Mahre resigned effective April 30, SelectBuild's parent company BMHC revealed today, May 2, in an SEC filing. The move follow's Stanley Wilson's Feb. 19 ascension to president and chief operating officer of BMHC, a job that gave him operating responsibility for both. More