US LBM acquires Desert Lumber & Truss and Desert Fastener & Supply of Las Vegas and Integrity Truss of Cedar City, Utah, marking launch of US West Coast operation
Audrey Dixon
LAS VEGAS
,
May 2, 2014
(press release)
–
LBM launches West Coast operation with acquisitions in Nevada and Utah
US LBM Holdings, LLC (“US LBM”) announces the acquisition of Desert Lumber & Truss and Desert Fastener & Supply of Las Vegas, NV and Integrity Truss of Cedar City, UT from majority shareholders Terry Ono, Dale Eggers, Charles Clayton, and Tyson Clayton. Terry Ono will remain in his role as President of Desert Lumber; Dale Eggers as President of Desert Truss; Tyson Clayton as President of Desert Fastener & Supply; and Charles “Monty” Clayton as Vice President of Desert Fastener & Supply. The Desert Companies were represented by The JIAN Group of Fredericksburg, VA.
Originally founded in 1989 by Terry Ono, Desert Lumber & Truss is the leading full-service provider of lumber, OSB, panels, and EWP, as well as roof and floor truss systems to the Las Vegas market, primarily serving the residential homebuilder and contractor. In 2009, Desert Fastener & Supply was founded to expand the company’s product line into fasteners, connectors, waterproofing products, and adhesives, as well as a range of tools and equipment for Las Vegas roofing, framing and specialty contractors. Earlier in 2014, Integrity Truss launched its operations providing roof and floor trusses to southwestern Utah homebuilders.
“We are excited and proud to join the US LBM team and the opportunity it brings to provide our customers with continued enhancements to our product and service offering,” said Terry Ono, President and leading shareholder. “This partnership with US LBM provides a platform for growth to our associates and partners well into the future.”
“The Desert family of companies is a key strategic addition to US LBM. The success we’ve experienced by partnering with leading building material businesses in the Midwest and Northeast is beginning to take shape in the Southeast and West Coast with the acquisitions of the Desert companies, Jones Lumber and Coastal Roofing & Supply,” said L.T. Gibson, President & CEO of US LBM. “We are excited to announce this addition to the US LBM team and look forward to continued investment in the Desert growth plans as well as expanding their product and customer base.”
US LBM, recipient of the 2013 HCN Pro Dealer of the Year Award, is a collection of 12 leading building material distributors serving the Midwest, Northeast, Southeast, Mid-Atlantic, and Western U.S in 11 states with more than 60 locations. Implementing the philosophy of local management and leadership, US LBM capitalizes on the premier reputation of its operating companies and the local customer relationships that each operation is known for in its market. www.uslbm.com.
* 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.
