BMHC to acquire the Home Lumber division of Leaman Building Materials, L.P.

Nov 09, 2005. /Lesprom Network/. Building Materials Holding Corporation announced on Wednesday that its wholly owned subsidiary, BMC West Corporation, has entered into a definitive agreement to acquire the business assets of the Home Lumber division of Leaman Building Materials, L.P. Home Lumber, which had sales of approximately $61 million in the twelve months ended December 31, 2004, provides lumber, building materials and millwork to professional contractors and builders from its three locations in the Houston market. BMC West currently operates a millwork operation in the Houston market that provides custom doors and millwork products to professional contractors and builders. The transaction is expected to close in the first quarter of 2006 and is subject to customary closing conditions and approvals. Robert E. Mellor, BMHC's chairman, president and chief executive officer, stated, "This acquisition of Home Lumber is another step to support our strategy of providing a full range of building materials and services in key homebuilding markets such as Houston, which is one of the top five markets in the country. Home Lumber shares a corporate culture similar to ours and its management believes strongly, as we do, in the importance of providing consistent high-quality products and services to its customers. We believe the company will be a valuable addition to BMC West, enabling us to increase our market coverage and to further strengthen our successful operations in the greater Houston market." BMHC, a Fortune 1000 company, is one of the largest providers of residential construction services and building materials in the United States. It serves the homebuilding industry through two subsidiaries: BMC West distributes building materials and manufactures building components for professional builders and contractors in the western and southern states; BMC Construction provides construction services to high-volume production homebuilders in key growth markets across the country.