With the recent uncertainty in lumber pricing due to the pandemic and continuing supply chain issues, optimizing your LBM category is essential to its success. M&M Lumber Co. was established in 1964 in Tulsa, Oklahoma, by Jim McKellar Sr. and …
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Homeowners Can Expect Delays With These 3 Home Improvement Projects
Spending on home improvement projects and repairs is expected to be up 9 percent in 2022 compared to spending in 2021, according to the Joint Center for Housing Studies of Harvard University. While that’s good news for contractors and home …
Read More »YBC to Acquire APM
Your Building Centers (YBC) announced it will acquire Allensville Planing Mill (APM) in 2022. YBC employs around 375 people, was the nation’s 55th largest lumber building supply company in the country in 2020 and is the largest Pennsylvania employee-owned lumber …
Read More »Product Shortages Causing Builders to Raise Prices, Preorder
It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …
Read More »US LBM Acquires Texas-Based Higginbotham Brothers
US LBM, a leading distributor of specialty building materials in the U.S., has acquired Higginbotham Brothers, a building products dealer with 38 locations in Texas and two in Oklahoma. With this acquisition, US LBM now operates more than 320 locations …
Read More »Longtime Do it Best Exec Gary Nackers Announces Retirement
After 22 years of service, Gary Nackers, Do it Best vice president of lumber and building materials, will retire in June. He will be replaced by Russ Kathrein, an industry veteran who most recently served as LBM business development manager …
Read More »US LBM to Be Acquired by Bain Capital
Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …
Read More »2021 WRLA Showcase Changes Format
The Western Retail Lumber Association‘s (WRLA) Building & Hardware Showcase in-person event has been canceled due to the ongoing COVID-19 pandemic. However, a virtual event hosted on the association’s app and inside the Yardstick publication has been planned, event organizers …
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