SPEC SHEET

Executive shifts. ABC Supply promoted Brent Fox to vp-merchandising and purchasing, where he will oversee procurement and merchandising for the building product distributor’s 350-plus locations. Fox joined ABC Supply as a truck driver in 1983 and later served as an outside sales associate, a branch manager and fleet manager at the company’s Beloit, Wis., headquarters. Max Guetz, president of Home Lumber, is leaving the chain of Colorado lumberyards in the wake of parent company ProBuild’s regional restructuring. He will be replaced by Scott Robbins, a former senior vp with Hope Lumber.

Expansions. Lezzer Lumber, a chain of eight lumberyards headquartered in Curwensville, Pa., has purchased J.H. Brubaker, a three-unit pro dealer, extending its reach into the southeastern corner of the state. Lezzer Lumber also operates two truss plants, a commercial door shop and a molding and millwork manufacturing facility. Standard Building Supply, a Salt Lake City-based pro dealer, is slated to open a 7,200-square-foot lumberyard and hardware store on June 1 in Payton, Utah. This is the company’s second location.

BMHC news. In a 13D filing with the Securities and Exchange Commission, investor group Chapman Capital Partners released statements that urge Building Materials Holding Corp. to “engage financial advisors to explore the complete or divisional sale of the company,” most notably its SelectBuild division. A spokeswoman for BMHC told HCN.com that the company is reviewing the filing and has no official comment on the suggestions. Chapman Capital, a 7.4 percent stakeholder in BMHC, wrote that it saw an “extremely high level of interest from both private equity and strategic building supply players in the acquisition of the company.” Chapman Capital suggested such an acquisition would not be an “inopportune, undervalued sale, but instead a methodical auction,” timed to be consistent with market recovery. Chapman Capital criticized the performance of SelectBuild, saying, “The stock market is ascribing virtually no value to SelectBuild, making it imperative that BMHC management and the board rectify this deficiency.”

Additionally, Chapman Capital said, “Though stipulating that home-building cycles are beyond BMHC’s control, corporate and divisional overhead can be restrained by a realistic, practical management team.”