YORK , PA– July 7, 2011 – John H. Myers & Son became a part of the US LBM family of companies effective July 6, 2011. US LBM is a collection of seven building products distributors serving the Midwest, Northeast, and Mid-Atlantic in eight states with more than 35 locations. US LBM, owned by private equity group BlackEagle Partners, is one of the fastest growing suppliers of building products in the United States.
Myers, headquartered in York, PA, operates six building products stores throughout south central Pennsylvania and northern Maryland with showrooms featuring kitchens, flooring, windows, doors, and other products for the builder, remodeler, and consumer. In 2010, sales exceeded $55 million and the company is on track to exceed that pace in 2011. Myers provides solutions respected by its customers due its breadth of products, knowledgeable associates, and extensive service capabilities.
US LBM was attracted to Myers due to its leading position as a partner to custom and regional homebuilders as well as professional remodelers. Each of the US LBM member companies enjoys leadership positions in their markets. Myers will continue to operate as John H. Myers & Son with its same workforce and base of retail locations. US LBM provides Myers with capital and back office support to enable growth.
L.T. Gibson, CEO of US LBM, shared that, “The Myers family has established a terrific reputation in the building products industry. Their customer base, product breadth, and superior service model all align nicely with our strategic profile. We are excited about their growth potential going forward.”
“John H. Myers & Son has played an important role in the growth of our communities since its founding in 1916. My family and I are excited about this new chapter for the company. Our customers, vendors, and employees will benefit from our ability to access resources made available by a partnership with US LBM,” said Bob Myers III, a fourth generation family owner. Myers will continue to be a part of the senior leadership team.
Bob Wood, the president of Myers added, “For this last six years I have enjoyed leading the Myers team of highly respected building products sales and service professionals. I look forward to leveraging the knowledge of LT Gibson and the other operating company presidents within US LBM that will allow us to enhance its range of solutions for our customers.”
Source: US LBM
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