The 2020 Mid-Year Economic Update_long

US LBM Acquires Raymond Building Supply

Acquisition of supply company expands U.S. LBM's footprint in Florida.

U.S. LBM Holdings LLC, Green Bay, WI, has acquired Raymond Building Supply, North Fort Myers, FL. Terms were not disclosed.

Founded in 1957, Raymond Building Supply serves several counties in South Florida through five branches. Raymond Building Supply provides a range of products, such as lumber, trusses, garage doors, windows, residential doors, commercial doors, cabinets, appliances and custom millwork, to residential and commercial customers.

“Florida is a vital, expanding market in the building and construction sector,” said U.S. LBM President and CEO L.T. Gibson. “Raymond Building Supply is a market leader with deep relationships and a strong focus on customer service, which positions us well in this important market."

U.S. LBM now operates 30 locations in Florida and 227 nationwide.

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