Spahn & Rose Adds Century-OId Iowa Dealer
Spahn & Rose Lumber Co. has agreed to purchase Moeller & Walter, Reinbeck, Ia.
Industry News
Hayward Lumber Buys Its Neighbor
Hayward Lumber, Monterey, Ca., has purchased the assets of Buena Tool Co., Santa Barbara, Ca.
What’s Behind NAWLA’s Rebranding Strategy
During the recent NAWLA Traders Market, the North American Wholesale Lumber Association unveiled an intricate, colorful new logo as the centerpiece of an expansive rebranding campaign.
Weyerhaeuser Selling Montana Timberlands
Weyerhaeuser Co., Seattle, Wa., has agreed to sell its 630,000 acres of timberland in Montana to a private timberland investment company for $145 million in cash.
New Mexico’s Elco Calls It Quits
Elco Building Supply, Roswell, N.M., is shutting down all operations at the end of 2019, after 17 months in business.
Westlake Ace Expanding into NY
Westlake Ace Hardware is entering New York with the acquisition of three-unit Haggerty Ace Hardware. The purchase is set to be completed on Jan. 19.
Canfor Scraps Plan to Go Private
Canfor Corp., Vancouver, B.C., and Great Pacific Capital Corp. have mutually called off their plan to buy the remaining 49% of Canfor that it does not already own and take the company private.
84 Lumber Extends Credit Facility
Eyeing future expansion efforts and system enhancements, 84 Lumber Co. has entered into a new seven-year, $310 million Senior Secured Term Loan B Facility and five-year $400 million Asset Based Revolving Credit Facility.
Canfor Agrees to Go Private
Canfor Corp., Vancouver, B.C., has reached an agreement with majority stockholder Great Pacific Capital Corp. to take the company private.
Seal-Rite Door Renamed
Palmer-Donavin, Columbus, Oh., a leading building materials distributor and door fabricator in the Midwest, is changing the name of its Seal-Rite Door Division and rebranding its corporate identity.