Stock Building Supply, the nation's ninth-biggest pro-oriented building material dealer, has filed for an initial public offering, the company announced. Stock also revealed that it recorded operating losses of over $5 million last year and nearly $206 million over the past three years. More
ABC Supply, Mead Clark, Galliher & Huguely, John H. Myers & Son, Mill Valley Lumber, Fairfax Lumber, GAF, Allied Building Products, B&L Wholesale Supply, Worden Lumber, Greenovations Eco Building Supply, Russin Lumber, and Deer Park Lumber. More
The investment vehicle that took control of Stock Building Supply in May 2009 incurred an after-tax loss of $45.5 million on revenue of $949.9 million at America's No. 4 LBM operation in the fiscal year ended July 31, Stock's minority owner reported. More
ABC Supply Co. has finalized its purchase of Bradco Supply Corp. to create a $4 billion, 479-location company that has moved to the top of the ProSales 100. Meanwhile, Stock Building Supply has acquired Bison Building Materials to become the No. 1 supplier in Houston. More
In a move that combines the Nos. 5 and 16 companies on the More
Bison Building Materials, the Houston-based LBM operation that has been operating under Chapter 11 since last June, reported a net loss of $677,414 for March. It also reached an agreement recently to sell more than $450,000 worth of rebar-related materials to Hartman Building Specialties, a Beaumont, Texas-based masonry and concrete supply firm. More
Bison Building Materials, the Houston-based LBM dealer now in its ninth month of bankruptcy-law protection from creditors, reported a net loss of $759,000 in February. That brings to nearly $5 million Bison's losses since it made its Chapter 11 filing last June 28. More
Bison Building Materials, the nation's 14th-biggest LBM operation, incurred a net loss of $831,274 in January, its worst single month yet, in part because of stocking costs to replace defective merchandise. January's report pushed Bison's total losses to $4.2 million since the Houston-based dealer entered Chapter 11 last June 28. More
Bison Building Materials, the Houston-based LBM dealer that entered Chapter 11 half a year ago, posted a net loss of $457,887 for December. That brings its losses under bankruptcy-law protection from creditors to $3.4 million, and likely means Bison's net losses for 2009 neared $10 million. Also recently, the company won a judge's permission to extend its debtor-in-possession creditor facility and to hire a company to help it find investors or otherwise raise capital. More
Executives at some of America's biggest lumberyards might not be seeing many builders these days, but they are getting awfully familiar with bankruptcy judges. More
