Edwardsville, IL— R.P. Lumber Co., Inc., based here, continues to grow with the pending acquisition of long-time competitor Alexander Lumber Co. Headquartered in Aurora, IL, Alexander Lumber is a 130-year-old family-owned company operating locations in Illinois, Wisconsin and Iowa. The transaction was due to close on Friday, December 3. Terms of the deal were not disclosed.
Alexander Lumber has built a legacy rivaled by few and earned the respect of its industry peers, staff, and customer base, according to a company press release. Established in 1891, the building materials and hardware retailer grew rapidly in tandem with the westward expansion of the United States railway system, operating as many as 100 lumberyards by the late 1920s.
R.P. Lumber opened its first location in Staunton, IL in 1977 and has continued to grow throughout the states of Illinois, Missouri, and Wyoming. In early 2021, R.P. Lumber entered the Iowa market by acquiring three locations in two separate transactions. The retailer is currently expanding its Missouri footprint with the development of three new locations in the southwestern portion of the state.
For more information, go to www.rplumber.com.