BMHC Completes Acquisition of the Home Lumber Division of Leaman Building Materials, L.P.
02 3월 2006 - 9:30PM
PR Newswire (US)
Acquisition Increases Range of Products and Facilities in Key Texas
Market SAN FRANCISCO, March 2 /PRNewswire-FirstCall/ -- Building
Materials Holding Corporation (NASDAQ:BMHC) today announced that
its wholly owned subsidiary, BMC West Corporation, has completed
the acquisition of the business assets of the Home Lumber division
of Leaman Building Materials, L.P. ("Home Lumber"). Home Lumber,
which had sales of approximately $70 million in 2005, provides
lumber, building materials and millwork to professional contractors
and builders from its three locations in the Houston market. BMC
West also operates a millwork facility in the Houston market that
provides custom doors and millwork products to professional
contractors and builders. Robert E. Mellor, BMHC's Chairman,
President and Chief Executive Officer, stated, "The acquisition of
Home Lumber substantially increases the size of our operations in
the greater Houston market and positions us to further penetrate
one of the top five homebuilding markets in the U.S. This
transaction is the latest step in continuing our strategy of
expanding our range of products and services to meet our customers'
needs. Home Lumber shares a corporate culture similar to ours and
we believe they will be a valuable addition to BMC West." About
BMHC BMHC, a Fortune 1000 company, is one of the largest providers
of residential construction services and building materials in the
United States. We serve the homebuilding industry through two
subsidiaries: BMC Construction provides construction services to
high-volume production homebuilders in key growth markets across
the country; BMC West distributes building materials and
manufactures building components for professional builders and
contractors in the western and southern states. BMHC was recently
named to the Forbes Platinum 400, also known as America's Best Big
Companies, and was selected Pro Dealer of the Year by Home Channel
News. To learn more about BMHC, visit our website at
http://www.bmhc.com/. DATASOURCE: Building Materials Holding
Corporation CONTACT: Bill Smartt, Senior Vice President and Chief
Financial Officer, +1-415-627-9100, or Mark Kailer, Vice President,
Treasurer and Investor Relations, +1-415-627-9100, both of Building
Materials Holding Corporation Web site: http://www.bmhc.com/
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