US LBM ACQUIRES FLORIDA'S MILTON TRUSS
US LBM ACQUIRES FLORIDA'S MILTON TRUSS
PR Newswire
MILTON, Fla., Oct. 1, 2024
National building materials distributor expands component manufacturing capabilities in the Southeast
MILTON, Fla., Oct. 1, 2024 /PRNewswire/ -- US LBM, a leading distributor of specialty building materials in the United States, has acquired Milton Truss, a top manufacturer and distributor of structural building components located in Florida.
Serving the Florida Panhandle and southern Alabama for more than 40 years, Milton Truss manufactures floor and roof trusses for commercial and residential builders at its state-of-the-art facility in Milton.
With the acquisition of Milton Truss, which will operate as part of Raymond Building Supply, US LBM now operates six component manufacturing locations in Florida. Charles Smith and Tim Noble will continue to lead Milton's day-to-day operations.
"The addition of Milton Truss expands our network of truss manufacturing locations in the Southeast, increasing the value we bring to builders in Florida's Panhandle and southern Alabama, and we're pleased to welcome the Milton team to US LBM," said US LBM President and CEO L.T. Gibson.
US LBM is the largest privately owned, full-line distributor of specialty building materials in the United States. Offering a comprehensive portfolio of specialty products, including windows, doors, millwork, wallboard, roofing, siding, engineered components and cabinetry, US LBM combines the scale and operational advantages of a national platform with a local go-to-market strategy through its national network of locations across the country. For more information, please visit uslbm.com or follow US LBM on LinkedIn.
Contact: | Timothy Wirth |
US LBM Communications | |
484-886-5705 | |
View original content to download multimedia:https://www.prnewswire.com/news-releases/us-lbm-acquires-floridas-milton-truss-302264886.html
SOURCE US LBM
-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued
-
Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks