US LBM announced its purchase of Automated Products, Inc., a Wisconsin-based manufacturer of structural building components, enhancing US LBM's Midwest presence and manufacturing capabilities.
US LBM acquired RAKS Building Supply, expanding into central New Mexico; with the acquisition of RAKS, US LBM now operates 12 locations across the state.
US LBM named Russell Tiejema as executive VP and CFO, succeeding Patrick McGuiness. Tiejema has more than 30 years of experience and was previously CFO at Masonite International.
US LBM's Aaron Cox received the company’s 2024 Humanitarian Award for community involvement, recognized for his volunteering and supporting causes in North Texas.
US LBM acquires Homestead Building Systems, a leading structural building component manufacturer in Virginia, expanding its footprint in the Mid-Atlantic region.
US LBM announced a definitive agreement for Platinum Equity to acquire a stake in the company from its current private equity partner, Bain Capital Private Equity, with both parties having equal ownership stakes and joint board governance.
First announced in January, the acquisitions means ABC Supply will acquire 42 locations in 12 states that primarily sell and distribute interior building materials.