Acquisition News
US LBM Buys Florida's Milton Truss
Distributor expands component manufacturing capabilities in the Southeast
US LBM has acquired Milton Truss of Florida, expanding its Southeast U.S. footprint.
— Image courtesy of Milton Truss
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US LBM announced on Tuesday it has acquired Milton Truss, a top manufacturer and distributor of structural building components in Florida.
Serving the Florida Panhandle and southern Alabama for more than 40 years, Milton Truss manufactures floor and roof trusses for commercial and residential builders at its state-of-the-art facility in Milton, Fla.
With the acquisition of Milton Truss, which will operate as part of Raymond Building Supply, US LBM now operates six component manufacturing locations in Florida, the company said in an October 1 news release. Charles Smith and Tim Noble will continue to lead Milton's day-to-day operations.
"The addition of Milton Truss expands our network of truss manufacturing locations in the Southeast, increasing the value we bring to builders in Florida's Panhandle and southern Alabama, and we're pleased to welcome the Milton team to US LBM," said US LBM President and CEO L.T. Gibson.
For more information, please visit uslbm.com.
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