Builders FirstSource Acquires Slone Lumber CompanyJuly 15th, 2014 by Casey Flores
Builders FirstSource Inc., a supplier and manufacturer of structural and related building products for residential new construction, is expanding its supplying capabilities with the purchase of Houston-based Slone Lumber Company Inc. The transaction closed on June 30.
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 as well as installation services on exterior doors, shutters and cabinets.
Floyd Sherman, Builders FirstSource CEO, is enthusiastic about the company’s acquisition.
“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. 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,” 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.”