Specialty building materials distributor US LBM acquired Crown Components, a manufacturer and supplier of structural roof and floor trusses in the Phoenix metro. Crown Components operates a nine-acre facility in Tolleson, Ariz., that services the Phoenix-Mesa-Scottsdale market.
“We are excited to partner with US LBM, one of the top companies in the building materials industry, to further our growth and offer even more value to our customers and employees,” Crown Components co-president and general manager Jeff Oitzman said in a news release. Oitzman, along with Bob Barrette, will continue to lead the day-to-day operations of Crown Components post-acquisition.
Founded in 2014, Crown Components serves framing and building contractors for residential, multifamily, and light commercial products. The company manufactures pre-assembled roof and floor wood trusses in a variety of shapes and systems and provides full turn-key manufacturing services, including material takeoffs, truss design, and jobsite delivery.
“The Crown Components team has a great culture of hard-working and dedicated associates and is well known for its top-quality production and service,” US LBM president and CEO L.T. Gibson said. “We are excited to partner with Crown Components, which complements our other operations in the region, to expand in the growing Phoenix metro market.”
Other US LBM divisions in Arizona include R&K Building Materials and Rosen Materials.
Buffalo Grove, Ill.-based US LBM has expanded at a rapid pace following private equity firm Bain Capital Private Equity in November 2020. In the past 12 months, the distributor has acquired Zeeland Lumber in November 2020, Ridgefield Supply Company, Tri-County Building Supplies, and Jennings Builders Supply & Hardware in December 2020, Gilcrest/Jewett in January 2021, Villaume Industries in February 2021, Higginbotham Brothers in May 2021, J.P. Hart Lumber and Hart Components in June 2021, Brand Vaughan Lumber Company and Home Center Supply in July 2021, North Georgia Building Supply, Junior’s Building Materials, and Massey Builders Supply in August 2021, Mid-Cape Home Centers and Northern Building Supply in September 2021, Oldham Lumber in October 2021, Arrowhead Stairs & Trim in November 2021, and Barrons and Professional Builders Supply in December 2021.
The distributor also completed a mega-merger with LBM giant American Construction Supply in May 2021, adding more than 70 locations to its portfolio with the acquisition.
US LBM has also opened greenfield locations in New Castle, Del., Paterson, N.J., and Yeadon, Pa., since November 2020. US LBM offers a portfolio of specialty products, including windows, doors, millwork, wallboard, roofing, siding, engineered components, and cabinetry.
