BMC Acquires Locust Lumber
BMC Stock Holdings, Inc. (“BMC” or the “Company”), a leading provider of diversified building products, services and innovative building solutions in the U.S. residential construction market, announced that it has acquired Locust Lumber (“Locust”), a respected supplier of lumber products and building materials primarily to custom homebuilders and professional remodelers in Charlotte, NC. Established by Roy Huneycutt in 1952, Locust generated $53 million in net sales for the full year 2018.
“We are very pleased to announce the successful completion of another acquisition in the Charlotte market and would like to extend a warm welcome to the employees at Locust,” said Dave Flitman, President & CEO for BMC. “Together with our recent acquisition of Barefoot & Company, the addition of Locust positions us as one of the top providers of building products, services and solutions in Charlotte, which is one of the nation’s top 10 housing markets. Locust brings with it strong relationships with custom builders and professional remodelers and helps to round out our geographic footprint in the Charlotte metropolitan area.”
About BMC Stock Holdings, Inc.
With $3.4 billion in 2017 net sales, BMC is a leading provider of diversified building products, services and innovative solutions to builders, contractors and professional remodelers in the U.S. residential housing market. Headquartered in Raleigh, NC, the Company’s comprehensive portfolio of products and solutions spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform. BMC serves 45 metropolitan areas across 19 states, principally in the South and West regions.
Carey Phelps – Director Investor Relations – (678) 222-1228
Source: BMC Stock Holdings, Inc.