Posts Tagged ‘ Floyd Sherman ’

It is Finished: Builders FirstSource Now Owns ProBuild

Aug 3rd, 2015

Two of the largest building products suppliers can finally exhale, as one has officially acquired the other. ProBuild Holdings is now property of Builders FirstSource. The combination will create a national dealer with 2014 combined revenues of approximately $6.1 billion, according to a company release. The company will leverage its nationwide network to focus on […]

Builders FirstSource Opens Two New Facilities

Dec 11th, 2014

Builders FirstSource Inc. plans to open a new distribution facility in Conroe, Texas, and to relocate its existing distribution facility in San Antonio. CEO Floyd Sherman says the company is capitalizing on the continuing rapid population growth in Texas. “Our recent Houston acquisition was a major step into a market we feel has very strong […]

Builders FirstSource Completes Acquisition of Trim Tech of Austin

Oct 2nd, 2014

Another acquisition is in the bag for Builders FirstSource Inc. The company has purchased Trim Tech of Austin Inc., a Hutto, Texas-based company 30 miles northeast of Austin. “This purchase provides a unique opportunity for us to expand our footprint by acquiring one of the largest remaining independent millwork suppliers in the greater Austin area,” […]

Builders FirstSource Reports Second Quarter Gains

Jul 28th, 2014

Builders FirstSource Inc.’s 2014 second-quarter earnings showed the company has made significant gains from the second-quarter of 2013. Some highlights include: Second quarter 2014 sales increased 7.1 percent to $426.5 million, compared to the second quarter of 2013. Gross margin percentage improved to 22.0 percent, up from 20.7 percent in the second quarter of 2013. […]

Builders FirstSource Acquires Slone Lumber Company

Jul 15th, 2014

Builders FirstSource Inc., a supplier and manufacturer of structural and related building products for residential new construction, is expanding its supplying capabilities with the purchase of Houston-based Slone Lumber Company Inc. The transaction closed on June 30. Slone is a full-line building materials supplier with sales of approximately $17 million in 2013. Slone’s product offerings […]

Builders FirstSource Acquires Certain Assets of Slone Lumber Company

Jul 7th, 2014

Builders FirstSource Inc., has purchased Houston, Texas-based Slone Lumber Co. Inc. The transaction closed on June 30, 2014. Slone is a full-line building materials supplier with sales of approximately $17 million in 2013. Slone’s product offerings include lumber, engineered beams, interior and exterior door units, moulding, trim and cabinets. Slone also offers installation services on exterior doors, […]