Readers Respond: A consolidating industry
In recent industry headlines, US LBM Holdings and Kodiak Building Partners announced acquisitions. Also, Masonite announced an acquisition, and Generac closed on a deal.
A quick scan of the headlines in days prior reveals acquisitions involving Armstrong, SRS Distribution, T.H. Rogers Lumber Co. and AZEK Building Products – all of whom were on the acquiring end of a deal.
All these acquisitions led to last week's HBSDealer poll question: “To what extent are you concerned about consolidation in the hardware and building supply industry?”
Here’s what he heard after more than 110 votes:
Attitude toward industry consolidation:
Source: HBSDealer weekly poll question.
The poll remains active. Look for the results of this and other polls in the Polls Archive.
A quick scan of the headlines in days prior reveals acquisitions involving Armstrong, SRS Distribution, T.H. Rogers Lumber Co. and AZEK Building Products – all of whom were on the acquiring end of a deal.
All these acquisitions led to last week's HBSDealer poll question: “To what extent are you concerned about consolidation in the hardware and building supply industry?”
Here’s what he heard after more than 110 votes:
- Mildly concerned: 45%, (It remains a highly fragmented business);
- Very concerned: 30%, (The industry is losing its character); and
- Not at all concerned: 25%, (Consolidation is good for the industry).
Attitude toward industry consolidation:
Source: HBSDealer weekly poll question.The poll remains active. Look for the results of this and other polls in the Polls Archive.