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BlueLinx Announces Sale of Two Former Distribution Facilities

General News

BlueLinx Holdings Inc. (the “Company”), a leading distributor of building and industrial products in the United States, today announced that it has completed the sale of its former distribution facilities in Minneapolis, Minnesota, and Des Moines, Iowa, for an aggregate purchase price of approximately $12 million. Net proceeds from the transactions were used to repay indebtedness under the Company’s revolving credit facility.

The Company determined to sell these two facilities after integrating their operations into existing Cedar Creek facilities in Minneapolis and Des Moines last year, and the Company continues to efficiently and effectively serve its local markets out of those facilities under long-term leases.

Management Commentary

Mitch Lewis, President and Chief Executive Officer, stated, “We are pleased to be able to realize value for these two facilities after successful facility integrations in the Minneapolis and Des Moines markets. We will continue to look for opportunities to monetize our real estate assets to further reduce our overall leverage.”

About BlueLinx Holdings, Inc.

BlueLinx (NYSE: BXC) is a leading wholesale distributor of building and industrial products in the United States with over 50,000 branded and private-label SKUs, and a broad distribution footprint servicing 40 states. BlueLinx has a differentiated distribution platform, value-driven business model and extensive cache of products across the building products industry. Headquartered in Marietta, Georgia, BlueLinx has over 2,200 associates and distributes its comprehensive range of structural and specialty products to approximately 15,000 national, regional, and local dealers, as well as specialty distributors, national home centers, industrial, and manufactured housing customers. BlueLinx encourages investors to visit its website,, which is updated regularly with financial and other important information about BlueLinx.


Mary Moll – Investor Relations – – (866) 671-5138

Source: BlueLinx Holdings, Inc.