Building supplier makes acquisition
Published: Thu, Nov. 10, 2005 12:00AM
Modified Thu, Nov. 10, 2005 03:21AM
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closeStock Building Supply has bought Canyon Drive Lumber, a supplier of construction materials in Amarillo, Texas, for an undisclosed sum.
Founded in 1959, Canyon Drive Lumber had sales of $32 million in 2004 for products including lumber, plywood, roofing, siding, windows, doors and millwork.
Raleigh-based Stock Building Supply operated 267 locations in 30 states with sales of $4.1 billion in its 2005 fiscal year, which ended July 31. Stock Building Supply is a subsidiary of Wolseley of Theale, England.
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