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ProBuild
Carolyn Atkinson
Director of Marketing and Communications
303-262-8350
ProBuild Acquires Granger Lumber-Hardware
Purchase Builds on Aggressive 2007 Acquisition Activity in Florida
Denver, CO (January 2, 2008) – ProBuild Holdings, the nation’s largest supplier of building materials to professional contractors, announced today the purchase of Florida-based Granger Lumber-Hardware, a distributor of lumber, millwork and roof trusses. Founded in 1946, Granger Lumber-Hardware operates two Jacksonville area locations servicing contractors, remodelers and do-it-yourselfers. Terms of the sale have not been disclosed.
ProBuild continues to follow an aggressive strategy to serve national builders by expanding its presence in major markets and strengthening the company’s country-wide footprint. The Granger Lumber-Hardware acquisition provides ProBuild with access to a top 25 market in Jacksonville. With this purchase, ProBuild continues to strengthen its presence in Florida which grew through acquisition in 2007 by 13 locations.
"The addition of the Granger locations allows us to expand our service to national and regional builders while maintaining our high standards of customer service to local custom builders," explained Buddy Ables, president & COO of ProBuild’s East Region. "Integral to this transaction is the retention of key leadership in Randy Rogers, Dennis Burrows, Craig Mullins and Dan Mitola."
"We are excited to join ProBuild, an organization that will provide the business with significant long-term growth opportunities," said Randy Rogers, president and general manager of Granger Lumber Hardware. "Our associates will experience great opportunities as we go forward."
About Granger Lumber-Hardware
Granger Lumber-Hardware was founded in 1946 by Mr. Hugh James Granger. In 1949 Mr. Samuel Granger joined the business and remained active in the operations until the sale. In 1969 the Company shifted its core focus of sawmill operations to supplying retail lumber and building materials to do-it-yourselfers, remodelers and contractors.
About ProBuild
ProBuild Holdings is the nation’s largest supplier of building materials to professional contractors. ProBuild currently operates more than 530 lumber and building product distribution, manufacturing and assembly centers in 41 U.S. states.
ProBuild sells a broad selection of building materials including lumber and plywood, engineered wood, gypsum wallboard and other drywall products, millwork, trusses, roofing, siding products, insulation materials, metal specialties, hardware and tools. The company’s manufacturing activities include trusses, wall panels, millwork, and pre-hung door and window fabrication. Construction services include framing and installation of other products.
To learn more about ProBuild, visit their website at www.probuild.com.
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