Building materials distributor Huttig Building Products Inc. (NASDAQ: HBP), St. Louis, MO, has sold its Southwest Roofing Supply branch in Farmers Branch, TX, to Pacific Coast Supply LLC, North Highlands, CA. Terms were not disclosed.
The Southwest Roofing Supply location was the only branch within Huttig's network that focused on the sale of roofing shingles and supplies to the residential, storm-related roof repair and replacement segment. It represented 1.3 percent of Huttig's revenue in 2014.
"The sale of the Southwest Roofing business completes our divestiture of non-strategic assets and fully positions Huttig to focus on our core competence of being the best wholesale distributor of value-add millwork and building products in the industry," said Huttig President and CEO Jon Vrabely.
