R.P. Lumber Acquires Golden Rule Lumber
R.P. Lumber Co., Inc. has announced the acquisition of Golden Rule Lumber, a family-owned retailer of hardware, building and landscaping materials, and rental equipment located in Ottawa, IL. The transaction closed March 20, with the terms of the deal remaining undisclosed.
Based in Edwardsville, IL, R.P. Lumber opened its first location in Staunton, IL in 1977 and has continued to grow throughout the states of Illinois, Missouri, Wyoming, Iowa, and Wisconsin. Already operating a retail location in Ottawa, R.P. Lumber aims to extend its service across a wider swath of LaSalle County and its neighboring communities by merging the two locations.
“Paul Pike isn’t just the owner of Golden Rule Lumber,” stated Robert L. Plummer, President and CEO of R.P. Lumber. “He’s been an advocate for Ottawa’s growth and development, deeply ingrained in the fabric of LaSalle County as a community pillar,” Plummer emphasized.
The Pike Family posted the following announcement on their Facebook page: “Since opening in 1991, Golden Rule Lumber has proudly served the Ottawa area and beyond. After 33 years of service, we would like to announce the sale of the business to R.P. Lumber. We are confident that R.P. will provide the same level of professional care and service to our customers. We appreciate our dedicated staff for their service and our loyal contractors and customers for supporting our small business.”
Plummer added, “We’ve had a location in Ottawa since 2014, so we’ve always considered Golden Rule Lumber a friendly competitor. Their family values and sun-up-to-sun-down work ethic are identical to ours, and we’re excited to expand our team and services, not only in Ottawa, but also at other R.P. Lumber locations in the region.”
Visit www.rplumber.com.
Nation’s Best Expands In Kentucky
Nation’s Best, one of the country’s fastest growing independent home improvement companies, continues to expand its national footprint, acquiring two additional locations in Kentucky. With the addition of Pilot Lumber’s stores in Alexandria and Bellevue, Kentucky, Nation’s Best brings its total location count to 54 across 16 states.
“While other companies may have slowed their growth plans, Nation’s Best continues to see tremendous opportunities to add to our family of outstanding home centers,” said Chris Miller, President and CEO of Nation’s Best. “The addition of Pilot Lumber now makes three stores in Kentucky for us, following our acquisition of Malone Lumber this past month.
“Steve Bennett of Pilot Lumber has done a good job modernizing his two Kentucky locations,” noted Miller. “They are operationally sound, and Steve has strengthened already solid teams to deliver exceptional service to the stores’ contractors and customers. Pilot Lumber has the hallmark of a great business that has the potential to grow further as part of Nation’s Best.”
As part of Nation’s Best’s successful branding strategy, Pilot Lumber will maintain operations under its existing brand name with its leadership team overseeing company operations alongside Nation’s Best, which will provide the strategic and financial support necessary to drive optimal growth and profitability.
Learn more at www.nationsbest.net.
Central Valley Builders Supply Grows In Northern California
Central Valley Builders Supply, based in Napa, CA, and a leading, diversified Top 100 building supply company since 1955, recently announced its acquisition of Caseywood Corporation, based in Grass Valley, CA.
Central Valley has two fully stocked yards that sell over 60 million board feet each year.
Founded in 1985 in Grass Valley, CA, Caseywood has been a leading supplier of building materials to professional contractors in the greater Tahoe Truckee markets as well as the Sierra Nevada foothill market. Initially founded by John T. Casey, for over 30 years the business has been run by John’s two sons Kevin and Mark Casey as well as John’s son-in-law Brent Fraser. Caseywood has established itself as an integral player in their markets as they continue to experience significant growth.
The financial terms of the deal were not disclosed.
Central Valley serves builders, vineyard operators and DIYers.
Central Valley said the acquisition of Caseywood Corporation will result in an expanded footprint across Northern California, encompassing five retail locations three sourcing lumberyard locations, a design center, a door and window shop, two rail yards, and a combined workforce of approximately 240 employees.
Visit Central Valley’s website at www.central-valley.com.
84 Lumber Adds More California Locations
84 Lumber, located in Eighty Four, PA, the nation’s largest privately held building materials supplier, is proud to announce further expansion plans in California. “We’re not just expanding our presence in California; we’re creating new avenues of growth and advancement for our associates. This move unlocks a wealth of opportunities for our team to contribute to our success as we continue to build 84 Lumber together,” said 84 Lumber Chief Operating Officer Frank Cicero.
In 2020, 84 Lumber operated three California locations: Bakersfield, Clovis, and Beaumont. In the near future, 84 Lumber will have increased its presence in California to eight locations, plus two additional facilities currently in the permitting process for La Mirada and Lancaster. These new locations include a production yard and truss plant in Bakersfield; stores in Stockton and La Mirada; production yards in Lancaster and Riverside; and a truss plant expansion in Yuma, AZ, to service Arizona and Southern California.
As part of this expansion, 84 Lumber has finalized a deal to purchase certain assets from West Coast Lumber, with the plan of moving the West Coast Lumber team over to 84 Lumber as West Coast Lumber exits the production yard business.
84 Lumber Owner and CEO Maggie Hardy is dedicated to developing the company’s presence and service offerings in the western United States.
“It’s always been my dream to expand in the western part of the country. We look forward to creating strong relationships with customers and communities across the state. We are just getting started. Stay tuned for what lies ahead for 84,” said Hardy.
To learn more about 84 Lumber and its locations, visit www.84lumber.com.
