The 2020 Mid-Year Economic Update_long

Huttig Sells Southwest Roofing Supply Branch

Building materials distributor divests Texas location to Pacific Coast Supply.

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.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.