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ECMD Acquires Falls City Lumber
in Louisville |
North Wilkesboro, NC-based building materials distributor ECMD has acquired Falls City Lumber Company, representing the ninth distributor on its platform. Terms of the transaction were not disclosed. Falls City Lumber ¡ª a board, pattern stock, fiber cement and PVC products distributor ¡ª serves retail lumber years in Kentucky, Ohio, Indiana and West Virginia. The Louisville, KY-based company operates in Cincinnati, OH as well.Falls City Lumber Company ¡°We are thrilled to welcome all the Falls City Lumber employees to the ECMD family,¡± ECMD President and CEO Kelly Hendrix said in a Sept. 3 news release. ¡°They will continue to operate independently, maintaining their local presence and customer relationships.¡± ECMD built a portfolio of eight operating divisions ¡ª EastCoast Mouldings, Klumb Forest Products, Crown Heritage Stairs, ECMD Distribution, Arndt & Herman Building Products, Clifton Moulding Co., Madison Lumber Co. and Falls City Lumber. ¡°The fit between our two companies is a great match,¡± Falls City Lumber VP Bill Kronauer said. ¡°Joining the ECMD portfolio of companies creates a stable future for the Falls City Lumber employees and allows our customers to continue to enjoy the unparalleled service we have provided them for nearly 40 years.¡± Source: mdm.com |