ST. PETERSBURG, Fla. -- The St. Petersburg, Fla., based multi-location building materials supplier has acquired all of the assets of the single-location, Pensacola, Florida-based roof and floor truss manufacturer.
Kyle Hooker, Tibbetts Lumber’s Executive Chairman stated, “Acquiring D & M Truss is incredibly exciting for our company. This opportunity to finally have a home in the Florida Panhandle has been years in the making! D & M Truss has an exceptionally talented team, an excellent name in the industry, and a broad geographic footprint that we look forward to servicing given our many long-standing relationships in this market and the opportunities we see.”
Tibbetts Lumber’s Vice Chairman and CEO, Russ Hallenbeck, commented, “The closing of D & M Truss now gives us the ability to serve key current and future customers across the entire Florida Panhandle region. This location also extends our service area into Mississippi and Alabama as well. These are exciting times for our growing company.”
Tibbetts Lumber serves regional and custom/semi-custom builders and remodelers with locations in St. Petersburg, Largo, Land O’Lakes/Tampa, Ocala, Crystal River, Lecanto, Palm Bay/Melbourne, Lehigh Acres/Ft. Myers, Englewood, and, newly-acquired Pensacola, Florida. Tibbetts’ primary business lines include roof and floor trusses, lumber and building materials, interior and exterior doors, millwork and trim, windows, siding, and specialty items for new home construction and remodeling.
Tibbetts Lumber was started in 2009 by Hooker, his grandfather, Linton N. Tibbetts, OBE, and his family after their former company, Cox Lumber Co., was acquired by a subsidiary of The Home Depot in 2006.
Cox Lumber Co. was originally purchased by Mr. Tibbetts in 1949 and operated 28 locations in Florida until the sale. Hooker and his family also own Cox Lumber Ltd., a sister company in the Cayman Islands, with two locations in Grand Cayman which include a truss plant, a door shop, a bent, cut, and tagged rebar operation, and two lumber yards.
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