Hardwoods Distribution Inc., a wholesale distributor of hardwood lumber and related sheet good products posted a profit of $4.4 million for send second quarter ended June 30, an 85.2% increase over the profit for the same period one year ago.

Hardwoods Distribution Inc. acquired assets of Olam Wood Products, a Leland, NC importer of tropical lumber products. Hardwoods paid $2.8 million; Olam has $4 million in sales.

Hardwoods Distribution Inc. announced the acquisition of certain assets associated with the business known as Olam Wood Products conducted in Leland, North Carolina.