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Building Materials Holding Corp. Sells Retail Units
September 27, 2007
Building Materials Holding Corporation, San Francisco, CA, a supplier of construction services and building materials to professional residential builders and contractors, announced its subsidiary, BMC West Corporation, has sold three retail-oriented business units in Western Colorado for $11.4 million.   ; The buyer is West Canyon Investments, an affiliate of Harbert Lumber, Grand Junction, CO. Sales for these three operations in 2006 were $40 million or 3% of BMC West.   ; The sale is another step in BMC West's continuing strategy to focus on professional builders and contractors and to emphasize value-added products and services, including manufacture and installation of millwork and structural components, in addition to lumber and materials distribution.