ProBuild Expands in Colorado; Acquires Harbert LumberApril 8th, 2011 | Category: Industry News
ProBuild Holdings Inc. announced recently that it is has acquired the assets of Harbert Lumber Co., a building materials supplier based in Colorado. The acquisition expands ProBuild’s footprint in Colorado, according to the company.
“We’re very excited to join the ProBuild family,” said Gordon Harbert, owner of Harbert Lumber Company. “Their resources ensure the business we’ve built will maintain our leadership position in all the Western Colorado markets we serve. We look forward to the added opportunities this merger will provide to our employees as well.”
As housing starts across the Rocky Mountain West begin to increase for the first time since the recession, ProBuild says it continues to invest in expanding its strategic footprint in Colorado.
“The addition of Harbert Lumber will enable ProBuild to service the growing needs of our customers in Colorado, particularly in the mountain towns where we have not had a robust presence until now,” said Bill Myrick, president and chief executive officer of ProBuild.
Harbert Lumber currently operates four locations in Colorado and employs 45 employees statewide. Terms of the sale agreement were not disclosed.