Manufactured Housing Buyers Group joins LMC
LMC announced today that MHBG (Manufactured Housing Buyers Group) is joining the lumber and building materials cooperative.
MHBG is an association of independently managed manufactured housing and modular housing producers. LMC said the new combination “marks a significant milestone in the pursuit of enhancing purchasing power and leveraging collective resources for the mutual benefit of all the cooperative’s members.”
A new division is being created at LMC, called the Modular Building Division, to support this manufactured housing channel. The team at MHBG will join the LMC Team in this new division.
LMC said the new alliance will provide MHBG members with an expanded product lines as well as access to the services provided by the Wayne, Pennsylvania-based buying group.
“This is a great opportunity for both organizations,” said Paul Ryan, LMC president and CEO. “The MHBG members will form the core of our new Modular Building Division, along with certain existing LMC members. This will strengthen our business in this market segment and will improve our collective purchasing power for all LMC members. We welcome the MHBG members, the team, and their supplier partners as we work to drive opportunity and growth for everyone.”
The members of MHBG are independent builders of high-quality manufactured housing and modular housing.
Fran Monk, LMC vice president of marketing, told HBSDealer that the partnership brings 15 companies with 23 locations.
"We are extremely excited to announce our partnership with LMC," said David Jessup, chairman of MHBG and owner of Jessup Housing located in Waco Texas. "This collaboration represents a pivotal moment for our members, as it enables us to amplify our purchasing capabilities and deliver greater value through access to premium suppliers, favorable pricing, and innovative procurement strategies."
LMC has more than 1,800 dealer locations. Combined, LMC dealer members hit sales of $25 billion in 2023.
Jay Wilson, MHBG’s chief negotiator, added, “LMC is a very strong fit for our members, who are very independent-minded entrepreneurs. I’m personally honored to go to work with the LMC team to create an environment for our members that allows them to compete at the highest levels with large-scale enterprise companies.”
