Shyam Reddy has been with BlueLinx for nearly eight years, most recently serving as senior vice president.
Latest In Building Materials/Construction
Overall construction input prices are 2.6% higher than a year ago, reports Associated Builders and Contractors.
Backlog continues to hover around highs not seen since the beginning of the COVID-19 pandemic.
Net sales increased 7% year-over-year in 3Q, down significantly from 2Q sales growth of 24.4%.
The acquisition brings Colony Hardware to nearly 60 locations across the U.S.
The company's sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
France-based Saint-Gobain saw the Americas become its largest region in terms of operating income in 2022.
We break down the building supplies distributors' 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
Ricci Lumber's new president has been with the company since 1977.
JELD-WEN's revenue in its North America segment increased 15.2% in 2022.
Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
Each location carries a full line of residential and commercial roofing products, as well as other exterior building products.
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
GMS has added several material-handling trucks equipped with battery-powered hydraulic cranes to its distribution fleet.
SRS has acquired Marsh and its eight locations in Ohio and Kentucky.
See how the building materials distributor plans to considerably grow beyond its current footprint of 310 nationwide facilities this year.
Kirby-Smith will sell, service and rent Thompson Pump products in Oklahoma and Texas as part of the deal.
Dave Rush had served as interim CEO since mid-November and is a 23-year company veteran.
The acquisition is expected to close in the first quarter of 2023.
Started in a vacant basement, 84 Lumber has expanded to become the United States' largest privately-owned building materials distributor.