BMHC announces more closings
Building Materials Holding Corporation (BMHC) announced it will close facilities in Reno and Sparks, Nev., and consolidate other operations in an effort to continue to align costs with current market conditions.
The San Francisco-based building materials company will also close a facility in Sherwood, Ore., and move those operations to a Vancouver, Wash., facility. In Marysville, Calif., BMHC will consolidate its lumber and building materials distribution and wall panel manufacturing operations into existing Modesto, Calif., facilities.
Other consolidations will occur in Texas, Colorado and Arizona.
These actions are expected to be largely completed during the first quarter of 2009, affecting approximately 260 employees. Overall, BMHC has reduced its workforce from 25,000 in 2006 to less than 11,000 as of September.
“The unprecedented national economic and local market challenges require that we continue to realign costs with current market conditions,” said Robert E. Mellor, BMHC’s chairman and CEO. “With the exception of the Reno area, where we will be exiting the market, we will continue to serve our customers with our full range of products and services -- including framing, lumber, millwork and trusses -- through nearby facilities.”
Mellor went on to say that the closures and restructuring will enable his company to significantly reduce expenses, share key personnel and better utilize facilities and equipment.
