ATLANTA and BRANCHBURG, N.J., Dec.
4, 2020 /PRNewswire/ -- U.S. LUMBER GROUP LLC. ("U.S.
LUMBER" or "the Company"), a wholly owned subsidiary of Specialty
Building Products, LLC ("Specialty Building Products"), and
Mid-State Lumber Corp., a local and regional wholesaler of building
material products, today announced that U.S. LUMBER has agreed to
acquire Mid-State Lumber Corp. The transaction will combine
industry leaders with an expanded offering of products and services
to serve dealers across New
Jersey, Maryland,
Pennsylvania, New York and New England. Financial terms of
the transaction were not disclosed.
Specialty Building Products President and CEO Jeff McLendon said: "Mid-State Lumber is a
terrific addition to U.S. LUMBER. It is the leading specialty
products distributor in its markets, with a loyal following of
customers built over multiple generations of family ownership. The
Bernstein family, and all of their employees, have built a
fantastic business and we are thrilled that they will be joining
the U.S. LUMBER family. Together we will continue to deliver
reliable products and first-class service for customers and
suppliers in their markets and across our entire footprint."
Mid-State Lumber's ownership group, including Ken Bernstein, David
Bernstein and Gary Bernstein,
added: "Since our father Bernie
Bernstein founded Mid-State Lumber in 1972, we have built a
business based on family values and the simple desire to bring
great products to great customers adding value through great
service and relationships. This partnership provides an opportunity
to build on Mid-State's impressive legacy and provides a foundation
for the long-term success of our employees, customers and vendors.
We are excited and energized by the opportunity to work with U.S.
LUMBER as they continue to grow and have an impact on the industry
that has supported our family for so long."
Mid-State Lumber will continue to operate under its existing
brand and with its current leadership.
About Specialty Building Products
Specialty Building
Products is a critical link in the value chain between
manufacturers and customers of specialty products. Our operating
brands – U.S. LUMBER, Alexandria
Moulding, and Midwest Lumber – provide sales, marketing and
logistic solutions that bring a wide range of high value,
SKU-intensive, and logistically complicated specialty building
products to dealers serving the repair and remodel ("R&R") and
new construction marketplaces. Our brands' best-in-class operations
are managed under a centralized strategy and informed by big data
and metrics, serving the most respected manufacturers of the best
and most innovative brands in the building products industry and
local, regional, and national building material dealers, national
one step distributors, national retail chains, industrial and OEM
manufacturers. More information can be found at
www.specialtybuildingproducts.com.
About Mid-State Lumber
Mid-State Lumber, founded in
1972, is a local and regional wholesaler of building materials for
the retail lumber dealer. The company offers a broad range of
building products featuring leading brands such as Trex decking and
railing, James Hardie siding, Royal
Building Products, and Typar moisture management systems.
Mid-State's lumber offering includes Pine, Douglas Fir, Western Red
Cedar, Ipe, Dark Red Meranti and specialty plywoods. With a
customer base spanning the Mid-Atlantic and New England regions,
Mid-State operates four locations: Branchburg, NJ, Kingston, PA, Warwick, NY and Marlborough, MA. More information can be found
at www.midstatelumber.com.
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SOURCE Specialty Building Products, LLC