Building materials distributor US LBM acquired Milton Truss.
Terms of the transaction were not disclosed.
Florida-based Milton Truss has been a manufacturer and distributor of structural building components for over 40 years, serving the Florida Panhandle and Southern Alabama. The company produces floor and roof trusses for both commercial and residential builders at its Milton facility.
“The addition of Milton Truss expands our network of truss manufacturing locations in the Southeast, increasing the value we bring to builders in Florida’s Panhandle and southern Alabama, and we’re pleased to welcome the Milton team to US LBM,” US LBM President and CEO L.T. Gibson said in an Oct. 1 news release.
Milton Truss will operate under Raymond Build Supply, joining US LBM’s six component manufacturing locations in Florida. Charles Smith and Tim Noble will continue to oversee the day-to-day operations of Milton.
US LBM’s most previous recent acquisitions were of Nix Door and Hardware (Fort Worth, TX) completed Sept. 6 and Gregory Door & Window (Breckenridge, CO) completed on Sept. 4.
US LBM is No. 6 on MDM’s Top Distributor’s List for Building Materials/Construction.
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