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ECMD, North Wilkesboro, N.C., has purchased lumber/millwork distributor Madison Lumber Co., Huntsville, Al.
Founded in 1986, Madison Lumber specializes in supplying mouldings, boards and pattern stock to lumberyards and builders across Alabama, Mississippi and Tennessee. Madison will join ECMD as its seventh operating division.
“The cultural fit between our two companies is a perfect match,” said Madison Lumber president Buster Betz. “Joining the ECMD family of companies creates a stable future for our employees and allows our customers to enjoy the unparalleled service Madison Lumber provides them.”
“ECMD’s strategic plan calls for significant growth to come through acquisition as our industry continues to consolidate,” ECMD president and CEO Kelly Hendrix added. “Our ESOP structure allows ECMD to be uniquely positioned to add privately owned companies into our portfolio who want their employees and their legacy honored.”
Madison Lumber will continue to operate independently and over time ECMD will integrate various parts of their business when it benefits Madison’s employees, vendors and customers, according to the release.