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Home » BlueLinx Agrees To End Supply Agreement With Georgia-Pacific

BlueLinx Agrees To End Supply Agreement With Georgia-Pacific

By    MDM  Staff 
April 26, 2009
More about:  Building Materials/Construction
BlueLinx Holdings Inc., Atlanta, GA, a distributor of building products in North America, has agreed to terminate the Master Purchase, Supply and Distribution Agreement between BlueLinx Corp. and Georgia-Pacific LLC, effective April 27, 2009. Georgia-Pacific previously announced its intention to end the agreement in May 2010.
 
In exchange for BlueLinx's agreement to cancel the agreement earlier, Georgia-Pacific will pay $18.8 million.
 
BlueLinx will continue to distribute Georgia-Pacific building products, but the early termination of the agreement also provides BlueLinx the opportunity to pursue strategic relationships with other suppliers and customers previously prohibited. ...
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BlueLinx Holdings Inc., Atlanta, GA, a distributor of building products in North America, has agreed to terminate the Master Purchase, Supply and Distribution Agreement between BlueLinx Corp. and Georgia-Pacific LLC, effective April 27, 2009. Georgia-Pacific previously announced its intention to end the agreement in May 2010.
 
In exchange for BlueLinx's agreement to cancel the agreement earlier, Georgia-Pacific will pay $18.8 million.
 
BlueLinx will continue to distribute Georgia-Pacific building products, but the early termination of the agreement also provides BlueLinx the opportunity to pursue strategic relationships with other suppliers and customers previously prohibited.
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