Lanoga's Anchorage, Alaska-based subsidiary acquires two home improvement suppliers
Kleanthis Economou
ANCHORAGE, Alaska
,
June 5, 2006
(press release)
–
Spenard Builders Supply (SBS), Alaska's largest building materials supplier, announced today that it is expanding its presence in Anchorage through its purchase of Curtis & Campbell, Inc., a provider of flooring and paint, and Wallcoverings North, Inc., a provider of fabrics and hospitality design services. Both companies will continue to operate at their current 6239 B Street location in Anchorage and will be operated as a new division that will work in conjunction with the SBS Design Center, Spenard's cabinet, appliance and floor covering facility located at 4500 Lois Drive.
"Wallcoverings North is the only design center in Alaska where decorators and clients can meet to select fabrics, wall coverings and fixtures," said Ed Waite, president of SBS. "As Anchorage continues to grow, the demand for quality design services grows with it. We couldn't be happier about adding these fine companies to the Spenard family." Curtis & Campbell has been owned and operated by brothers Dale and Bill Campbell since its founding in 1966. Wallcoverings North, founded in 1975, has been led by Sharon Campbell, Bill Campbell's wife. "The Campbell family has built two very successful companies on the principles of exceptional customer service and quality products," continued Waite. "Spenard Builders Supply shares in the Campbell's commitment to customers and employees. We are very pleased that the family will continue to play an active role in the store operations." About Spenard Builder's Supply A division of Lanoga Corporation, based in Redmond, Washington, Spenard Builders Supply is Alaska's largest building materials supplier with 14 locations throughout the state, from Barrow to Sitka. About Lanoga Corporation Lanoga operates over 325 lumber and building products distribution, manufacturing and fabrication centers throughout the Midwest and Western states. Sales in 2005 were $3.1 billion through United Building Centers in the Midwest and mountain states; Spenard Builders Supply in Alaska; Lumbermens in the Pacific Northwest, Central California and Arizona; Home Lumber in Colorado and Texas; Dixieline Lumber Company in Southern California; and F.E. Wheaton in the greater Chicago area. On February 1, 2006, Lanoga was acquired by an affiliate of Fidelity Investments and joined with the Strober Organization to comprise Pro-Build, Inc., the country's largest professional dealer of building supplies with combined sales of over $5 billion through 400 locations nationwide.
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