The 2020 Mid-Year Economic Update_long

Builders FirstSource Acquires Slone Lumber Company

Acquisition expands Builders' presence in the Houston market.

Building materials company Builders FirstSource Inc. (NASDAQ: BLDR), Dallas, TX, has acquired Slone Lumber Company Inc., Houston, TX.

Slone is a full-line building materials supplier with sales of $17 million in 2013. Slone's product offerings include lumber, engineered beams, interior and exterior door units, moulding, trim and cabinets. Slone also offers installation services on exterior doors, shutters and cabinets.

"The Slone purchase adds to our presence and gives us a solid platform to further expand our business in the highly attractive, greater Houston market," said Floyd Sherman, Builders FirstSource CEO.

Gregg Slone, owner and president of Slone Lumber, will remain general manager of the operation.

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