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Five Dozen Facility Openings in '22 Counter Claims that the LBM Business Is Shrinking

Store openings YTD 2022 involving lumberyards (red pins), lumber manufacturing facilities (black), roofing dealers (gray), exterior specialists (purple), and drywall firms (yellow). Source: Webb Analytics research

So much attention gets paid to acquisitions and closures of construction supply facilities that it's easy to forget we're also seeing scores of new facilities pop up nationwide. The map above shows the locations of 61 facilities that have opened so far this year for lumberyards, drywall businesses, truss and related manufacturing facilities, and exterior and roofing firms. That compares with 103 facilities in those categories opened their doors all last year, Webb Analytics' database indicates.

Among the latest launches: ABC Supply in Medford, OR, Farmville, VA; and Orange Park, FL; Contract Lumber in Walterboro, SC; and Wayendale Lumber & Hardware in Fort Wayne, IN. Meanwhile, SRS Distribution's REAMS Sprinkler Supply opened in Lee's Summit, MO, and its new Stone Center of Texas brand launched in Stafford, TX. Both those stores are part of SRS' Heritage Landscape Supply division. Another SRS unit, Advanced Building Products, opened a greenfield operation in Loxley, AL.

That total of 61 new facilities would grow to 114 if you include the 26 flooring, three landscaping, and 24 hardware/home center stores that have opened so far this year or will be open by Dec. 31.

As for deals, so far 213 facilities have changed hands through Aug. 22. The facility count is down sharply from the 368 locations affected by deals last year, but the actual number of deals--74 so far--isn't so much a slump compared with last year's 83. And the number of buyers is nearly the same: 41 so far this year vs. 44 by late August in 2021.

Here's what has happened lately:

* SRS Distribution purchased DeBel Roofing Supply of Petaluma and Greenbrea, CA.

* Northeast Building Supply acquired Crane Woodworking of South Norwalk, CT.

* US LBM's bought Miami-based Deco Truss and will make it part of US LBM's Raymond Building Supply division.

* Spahn & Rose bought its second Georgia lumberyard, this time taking over Still Lumber in Conyers.

* The Building Center expanded in the Carolinas by winning over Dixie Lumber of Easley, SC.

* Southeast Building Supply Interests, a unit of Building Industry Partners, grew again in Western North Carolina by acquiring Waynesville-based Haywood Builders Supply.

* In New England, The Aubuchon Company went into Vermont to buy Martin's Hardware, which has branches in Bristol and Middlebury.

* Four hardware stores closed: True Value of Brockway (PA), Wilmont (MN) Hardware, Denver's Ace Hardware Alameda Station, and Lewter Hardware of Huntsville, AL.

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