Troy Dally previously served as a senior vice president at Lowes.
Latest In Building Materials/Construction
John Hay was most recently a 84 Lumber store manager.
The company reported a loss of $74.1 million during the quarter.
Building materials distribution segment sales were down 8.6% year-over-year.
Profit for the quarter was $3.5 million.
Profit was up 32.7% from the same quarter a year ago.
The deal will build Foundations market presence in the downtown Toronto commercial market.
Building products sales increased 2.9% in the first quarter.
The company reported a loss of $289 million during the quarter.
The acquisition creates a global building materials industry leader.
The transaction is expected to close on April 24.
Earnings for the fourth quarter decreased 15.4%.
For the first nine months, sales grew 5.3%.
The deal marks US LBMs first entrance into the Mississippi market.
American Lumber marks the fourth regional distributor that Boise Cascade has acquired in the past year.