December 5, 2023
(press release)
–
US LBM, a leading distributor of specialty building materials in the United States, has acquired Holderness Supplies, a top manufacturer of structural building components and distributor of engineered wood products in Arizona. Located in Tucson, Holderness Supplies operates an 11-acre facility where it manufactures floor and roof trusses and distributes specialty lumber, framing materials and engineered wood products to builders across Arizona. With the acquisition of Holderness Supplies, US LBM now operates eight component manufacturing locations in Arizona. Rich Alejos, who has led Holderness since 1995, will continue to oversee day-to-day operations. “The Holderness Supplies team has a history of delivering quality products while providing exceptional customer service," said US LBM President and CEO L.T. Gibson. “Holderness Supplies is a valuable addition to US LBM, complementing our existing operations and further expanding our manufacturing capabilities in Arizona, which continues to be a strong region for new construction.” Whelan Advisory acted as financial advisor to Holderness Supplies.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
