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May 17, 2012
Builders FirstSource to open Tennessee location

Dallas-based pro dealer Builders FirstSource has announced a new location in Clarksville, Tenn., approximately 40 miles northwest of Nashville. The facility is situated on five acres and includes a 25,000-sq.-ft. warehouse. It will offer lumber, engineered I-joist systems, roof and floor trusses, windows, doors, millwork and various other building products and materials. The scheduled opening date is in early June.

CEO Floyd Sherman said the company is looking forward to expanding its footprint in northern Tennessee and southern Kentucky.

May 16, 2012
Retailer gets his motor running

An Indiana hardware store gained some notoriety last week when a photo of a motorized barstool went viral on the Internet. But for the last three years, Hardware Plus, a Do it Best dealer in Osceola, Ind., has been making any number of unusual motorized vehicles, according to an article in the South Bend Tribune.

May 11, 2012
Ohio Ace dealer adds U-Haul rentals

Sunbury Ace Hardware, an independent dealer outside of Columbus, Ohio, has added U-Haul truck and trailer rentals to its store. Customers can now purchase or rent a variety of moving equipment and supplies, including moving vans, open trailers, closed trailers, furniture pads, appliance dollies, furniture dollies, tow dollies and auto transports. Sunbury Ace Hardware also will offer sales items to protect their customers' belongings and make moving easier, such as heavy-duty boxes, which are made of up to 90% recycled content.

May 9, 2012
Deering Lumber acquires two units

Deering Lumber, the Biddeford, Maine-based pro dealer, has purchased two stores from New England Building Materials, according to a report in Wired Weekly, the newsletter of the Northeastern Retail Lumber Association (NRLA). Deering now operates four retail locations.  

May 7, 2012
Sales rise, losses narrow at BFS

Builders FirstSource, the Dallas-based pro dealer, posted net sales of $219.4 million for its first fiscal quarter of 2012, a 34.7% hike over sales of $162.8 million in the same quarter of 2011. The increase was primarily due to increased sales volume as commodity prices for lumber and lumber sheet goods in the quarter were, on average, comparable to the same period a year ago, the company said.

May 4, 2012
2012 Hardware Store All-Stars

Last year, the original 50 Home Channel News Hardware Store All-Star honorees established a high bar and a hard act to follow. But the 2012 crop rises to the challenge. This year’s Hardware Store All-Stars, one from each of the 50 U.S. states, have at least one thing in common: Ask them what makes them special and you can bet they’ll include “excellent customer service” in the answer. From there, every path to stardom is unique.

April 25, 2012
Milestone for Madison Township Lumber

New Jersey pro dealer Madison Township Lumber & Supply Co. passed the half-century mark this year. 

Serving the entire Garen State, the single-unit location in Matawan, N.J., was founded in 1962 by Anthony J. Martorana Sr., who remains as CEO of the family business. His wife, Louise Ann, is CFO and son Anthony Jr. serves as VP sales and operations.

The dealer distributes BlueLinx I Joist and Billet Beams, hardware, lumber, millwork, Silver Line Windows and Benjamin Moore Paint. 

April 24, 2012
MarJam adds two locations in Florida

MarJam Supply Co. has acquired a Lainhart & Potter, a 119-year-old Florida hardware and LBM dealer, with locations in West Palm and Juniper. These two locations will expand MarJam’s current Florida yards, which include Miami, Orlando, Jacksonville, Ft. Myers and Wildwood.

April 23, 2012
Mayson Ace teams with pool supplies store

A Fresno, Calif., Ace dealer has taken on a new roommate, sort of.

Mayson Ace Hardware in Fresno has taken on the business of neighboring retailer Valley Pool & Home Supply, according to an article in the Fresno Bee. Moving the two stores under one roof will allow the pool supplies store to retire, according to the report.

Larry LeMay, co-owner of the hardware store told the newspaper: “We felt like it was a good fit.”

The store is located at 3071 W. Bullard Ave. in Fresno.

April 20, 2012
Sales jump during Q1 at Builders FirstSource

Dallas-based pro dealer Builders FirstSource reported sales of $219.4 million for the first quarter of 2012, an increase of 34.7% compared with the same quarter of 2011. The increase was primarily due to increased sales volume as commodity prices for lumber and lumber sheet goods were, on average, comparable over these same periods, according to the company.

Net loss for the first quarter, which ended March 31, 2012, was $19.2 million, compared with a net loss of $21.2 million in the corresponding quarter a year ago.

April 13, 2012
84 Lumber refinances

84 Lumber has finalized a $225 million senior secured revolving credit facility to refinance existing debt, and for general corporate purpose. Wells Fargo Capital Finance and PNC Bank and acted as joint lead arrangers. GE Capital acted as co-collateral and documentation agent for the loan.

84 Lumber chief financial officer Paul Lentz said the new facility will give 84 Lumber greater financial flexibility and liquidity as it continues to improve its business following the housing market crash.

April 13, 2012
Parr Lumber helps kids map Portland

A group of preschoolers stung by wasps have transformed their experience into a giant map of Portland, thanks in part to a donation by Parr Lumber. The Maple classroom at Growing Seeds, a children’s learning center in North Portland, was given two large sheets of plywood by the Northwestern pro dealer to transform into a mural of their favorite places in Portland. 

April 5, 2012
Regulations deter rebuilding for Nebraska dealer

Louisville Ace Hardware, a Nebraska dealer that closed after a fire destroyed the store, has decided not to reopen due to the costs imposed by various government regulations.

April 2, 2012
New Mexico dealer rebrands and expands

A Do it Best member with two stores in New Mexico has launched a wholesale division, remodeled its stores, and rebranded them under a single name: Builders Do it Center. Justin Ellis, corporate sales manager for Roswell Lumber Do it Center and Artesia Do it Center, told Home Channel News that the impetus for the change was future growth for the company, which would like to expand its geographical footprint. 

March 30, 2012
ProBuild restructures its organization

ProBuild Holdings, the nation’s largest pro dealer, has announced a restructuring that will eliminate several high-level management positions, lay off a number of people and institute a hiring freeze at its Denver headquarters.

In an internal memo obtained by Home Channel News, ProBuild’s CEO Rob Marchbank outlined the new leadership and reporting structure of the Denver-based company. The executive VP operations layer of management will be eliminated, and all senior VPs operations will report directly to Marchbank.

March 28, 2012
Hunter Douglas rolls out iPad app for dealers

Pearl River, N.Y.-based Hunter Douglas launched a dealer version of the Hunter Douglas “The Art of Window Dressing” consumer iPad App, called the AOWD Dealer Tool. This App takes full advantage of the iPad’s superior image resolution to create a high-impact and robust visualization tool.  

March 22, 2012
Big changes and cuts announced at ProBuild Holdings

ProBuild Holdings, the nation’s largest pro dealer, has announced a restructuring that will eliminate several high level management positions, lay off a number of people, and institute a hiring freeze at its Denver headquarters. 

In an internal memo obtained by Home Channel News, ProBuild’s CEO Rob Marchbank outlined the new leadership and reporting structure of the Denver-based company. The executive VP operations layer of management will be eliminated, and all senior VPs of operations will report directly to Marchbank.

March 15, 2012
LMC points to high-performance, new programs

Performing in a tough business environment was one of the themes at the LMC annual meeting held this month in Fort Worth, Texas. 

“The essence of LMC is the collective strength of our dealers,” said John Somerville, LMC’s president and CEO, during his general session remarks. “Obstacles abound, but the strength of our dealers, suppliers and our staff has allowed us to beat expectations. While single-family housing starts declined 9% in 2011, LMC’s sales finished up 5% from 2010.”

March 15, 2012
Sears closure count increases, including 10 hardware stores

According to an article in the Chicago Tribune, the closing of 43 Sears hometown dealer stores and 10 Sears Hardware stores are planned for the first half of 2012.

The latest revelation on Sears' plans to cut its expenses and transform its business came from its annual report, which was released late Wednesday. 

March 14, 2012
AZEK enters distribution deal with Gaiennie Lumber

AZEK Building Products has announced a distribution partnership with Gaiennie Lumber Co. based in Opelousas, La. 

Gaiennie Lumber will now offer the full line of AZEK's  exterior products to its dealer network in Arkansas, Louisiana, and Mississippi and 10 counties in Tennessee.

February 16, 2012
Q4 sales rise 31% at Builders FirstSource

Dallas-based pro dealer Builders FirstSource reported sales of $192.7 million for its fourth fiscal quarter, an increase of 31.0% from sales of $147.1 million in the fourth quarter a year ago. The company estimated that sales increased approximately 29% due to increased sales volume and 2% due to price. 

Net loss for the quarter, which ended Dec. 31, 2011, was $16.7 million, compared with $24.6 million in the corresponding period a year ago.

January 18, 2012
BMC builds on sales at second national meeting

The theme was "America's Homebuilding Recovery Starts With Us." The place was Las Vegas. And the guest speaker was football legend Terry Bradshaw. 

The second annual BMC National Sales Meeting was an all-hands-on-deck affair for the Boise, Idaho-based pro dealer's sales team and branch operations managers. The Jan. 9 to 12 event also had 140 vendor companies represented, along with about 200 customers. 

January 17, 2012
George’s Hardware closes after 44 years

George’s Hardware, a home-improvement store in Gainesville, Fla., closed at the beginning of December, according to an article in the Gainesville Sun.

Owner Robert George, a second-generation dealer, helped his father and uncle run a Miami hardware store for 42 years. The family relocated to Gainesville and bought Glock’s Hardware in 1967. Eventually, George took over the renamed store from his parents.    

January 4, 2012
Two hardware stores to merge

Two hardware store owners in Clovis, N.M., one an Ace dealer and the other affiliated with Do it Best, have decided to merge, according to an article in the Clovis News Journal.

Burns Do-it Center will relocate on the site of Triangle Ace Hardware, according to the owners, James Burns and Richard Petty.

December 14, 2011
UGL holds dealer giveaway

Specialty Paint Manufacturer United Gilsonite Laboratories (UGL) will celebrate its 80th anniversary in 2012 by randomly selecting one retailer order per month and awarding the winner the order free (maximum $1000 credit), a total of 12 orders.

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