Industry News

Contractor Buys Pair of Cedar Rapids Lumberyards

Two Cedar Rapids privately owned lumber companies have been merged under new ownership.

Two Cedar Rapids privately owned lumber companies have been merged under new ownership.

Practically overnight, Marty Hoeger went from a contractor in Cedar Rapids, Ia., to owner of both of the town’s local independent lumberyards.

Simultaneously, Hoeger purchased 113-year-old Ogden & Adams from Larry Paulson, and 69-year-old Cedar Rapids Lumber from Randy Kelley. Paulson is retiring and Kelley will stay on as an employee. Both locations will carry the Ogden & Adams name.

To run the operations full-time, Hoeger has resigned as business development manager for Graham Construction of Cedar Rapids.

 

526 Media Group

Publisher of two monthly magazines for LBM dealers and distributors—The Merchant Magazine, founded in 1922 to serve the western U.S., and Building Products Digest, formed in 1982 to serve east of the Rockies.

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