Builders FirstSource Acquires Certain Assets of Slone Lumber CompanyJuly 7th, 2014 by DWM Magazine
Builders FirstSource Inc., has purchased Houston, Texas-based Slone Lumber Co. Inc. The transaction closed on June 30, 2014.
Slone is a full-line building materials supplier with sales of approximately $17 million in 2013. Slone’s product offerings include lumber, engineered beams, interior and exterior door units, moulding, trim and cabinets. Slone also offers installation services on exterior doors, shutters and cabinets.
“The Slone purchase adds to our presence and gives us a solid platform to further expand our business in the highly attractive, greater Houston market,” says Floyd Sherman, Builders FirstSource CEO. “It provides us a top-quality distribution business, outstanding employees and an established customer base to complement our existing window manufacturing operations in the surrounding area. We are very pleased to be adding Slone’s employees to the Builders FirstSource team, and look forward to working along-side them,” he says.
Gregg Slone, owner and president of Slone Lumber, will remain as general manager of the operation. He adds, “This is an exciting time and a great opportunity for the company and our people. We look forward to joining Builders FirstSource and becoming part of one of the nation’s leading suppliers to the residential construction industry.”