ProBuild expands in D.C. and San Antonio
Denver-based ProBuild announced a transaction that boosts its presence in two of the country's top 20 housing markets -- the Washington, D.C., area and San Antonio.
ProBuild reached a deal to acquire assets of Chopp Lumber, a building materials supplier based in Waldorf, Md. The nation's largest lumberyard company also announced the opening of a new millwork facility in San Antonio.
"These are two very important markets for us," said ProBuild CEO Paul Hylbert, in a prepared statement. "Our teams in both areas understand this, and the combination of their local market expertise and ProBuild's national scope will be of tremendous value to our customers in these markets."
The Maryland location will supply trusses, wall panels and lumber to the residential and commercial markets of the greater Washington, D.C., market and southern Maryland. The new location follows ProBuild's opening of a components manufacturing facility in Winchester, Va., this past March to serve the western and northern segments of Metro DC.
The new millwork facility in San Antonio enables ProBuild to serve the market more quickly and efficiently than had been the case from its millwork operation in Austin.
The new facilities in Maryland and Texas build upon ProBuildOs national presence of more than 470 centers in 42 states and follow its acquisition in May of Oso Lumber in the greater Seattle market in Washington State.
