Builders FirstSource Buys Waid Home Center
Builders FirstSource, Inc., Dallas, TX, supplier and manufacturer of structural and related building products for residential new construction in the U.S., has acquired Waid Home Center, Inc.
Based in Auburn, AL, Waid is a full-line building materials supplier with sales of $25 million in 2005. Its product offerings include: lumber, tools, windows, roofing, molding, paint, sheetrock and insulation.
Floyd Sherman, Builders FirstSource CEO, said, "The Waid acquisition expands our presence into Alabama. We are extremely bullish on this area due to the job growth we expect from the nearby Kia automotive plant that is under construction. We also believe this creates an opportunity to sell prefabricated products into the market." ...