posted March 18, 2012 | Views: 4306
Rugby Architectural Building Products, Concord, NH, announces the acquisition of the Las Vegas distribution operations of Lumber Products, headquartered in Tualatin, OR. After a brief transition period, the operation will be consolidated into Rugby’s Las Vegas distribution center. The acquired operation will commence doing business as Rugby ABP, effective today. Door production will be transitioned into Rugby’s recently expanded hardwood moulding operations.
“The integration of Lumber Products’ Las Vegas operation expands Rugby’s product offering into the value-added door and millwork segment while enhancing our market position in our core industrial base” commented Drew Dickinson, Rugby COO. "The LP Las Vegas team has done an excellent job maintaining market share through challenging times and we are excited to have them join Rugby.”
“Our Rugby Las Vegas team, with the tremendous support of our world-class vendors in that market, has done an outstanding job profitably growing sales 46% in 2011, in a market which by any measure has been the epicenter of the US housing crisis,” says David Hughes, Rugby CEO. “The opportunity to integrate Lumber Products Las Vegas expands our product base in partnership with leading manufacturers in the door and millwork category. This consolidation supports our strategy to diversify into value-added components and services more broadly within the commercial and residential construction sector.”
About Rugby Architectural Building Products:
Rugby Architectural Building Products (www.rugbyabp.com) is a full-line wholesale distributor of interior building products. Its primary business is the wholesale distribution of non-structural architectural grade interior building products sold principally to customers who manufacture end-products for the commercial, industrial, retail, residential and institutional markets. The company’s key product offerings include hardwood plywood, composite panel products, solid surface countertops, high-pressure laminate, hardwood lumber, cabinet hardware, laminated panels, mouldings, cabinet and door components, Rugby brand sinks and faucets, and industrial wood coatings. Headquartered in Concord, NH, the company serves over 10,000 customers in the largest metro centers in the U.S. with a geographic footprint covering 25 states from 13 distribution facilities operating in Metro Boston, Moonachie, NJ, Deer Park, NY, Atlanta, GA, Tampa, FL, Indianapolis, IN, Dallas, TX, Houston, TX, San Antonio, TX, Phoenix, AZ, Las Vegas, NV, Reno, NV, and Los Angeles, CA. Since establishing a full-line strategy in 2010, Rugby has completed seven acquisitions and expanded its revenue base by 45% to over $100 million in annual sales.