Many of the stories in April's ProSales echo a similar theme: To succeed, you need to get close to your customers. More
Kim Coleman, former co-owner and president of Hamilton Building Supply, has been named general manager and chief operating officer of Philadelphia Reserve Supply Co., a distributor serving the mid-Atlantic region. More
The 2009 IRC rules on wall bracing for wind are four times lengthier than 2006's.... More
It makes for great soap opera to say that ProBuild's plans to set up three lumberyards in the heart of 84 Lumber's territory lies stems from some desire by ProBuild president and CEO Bill Myrick to strike out at the company he left after a 25-year career working for Joe Hardy and Maggie Hardy Magerko. But there's another reason: Pittsburgh is a good market. More
US LBM acquired John H. Myers and Son, a six location dealer based out of York, Pa., on Tuesday. The acquisition now brings the number of US LBM-owned building product dealers and distributors up to 10 with 41 locations spread across 10 states in the Midwest, Northeast, and Mid-Atlantic. More
84 Lumber confirmed a Pittsburgh newspaper report that the construction supply giant recorded $1.45 billion in revenue last year, up 7.4% from 2009's $1.35 billion. More
The U.S. Department of Housing and Urban Development (HUD) has approved a $15 million loan guarantee to the Commonwealth of Pennsylvania and a $5 million loan guarantee to Washington County, Pa., to help 84 Lumber Co. pay off the remains of a crushing $195 million, 18 percent interest loan. More
A spokesman for 84 Lumber warned that the LBM giant could close more stores and lay off more workers if it fails to refinance the final quarter of a $195 million, 18% loan it has been paying for the past two years. More
Officials for 84 Lumber Co. say the LBM giant is asking for a $15 million federal loan because it's trying replace a two-year-old, $195 million funding deal that requires the company to pay 18% interest and use the proceeds of any asset sale to help pay its debt, the Pittsburgh Tribune-Review reported. More
SRS Acquisition Corp., one of the nation's fastest-growing construction supply companies, announced its second strategic move in four days: the acquisition of Builders Prime Window and Supply Co. of Bridgeport, Pa. More
