The 2020 Mid-Year Economic Update_long

U.S. LUMBER Agrees to Acquire NILCO

The acquisition will expand U.S. Lumber's footprint in the Midwest.

U.S. LUMBER Group, LLC, Atlanta, GA, a building materials distributor, has agreed to purchase NILCO, Hartville, OH. Terms were not disclosed.

“The NILCO acquisition advances our growth strategy by expanding our geographic presence and product mix,” U.S. LUMBER president and CEO Jeff McClendon said.

The acquisition will add 12 NILCO locations to U.S. LUMBER’s existing nine facilities and expand the company's reach in the Midwest. NILCO will continue to operate under its existing brand name as a division of U.S. LUMBER, led by Jeff Smith.

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