Photo By J.P. Hart Lumber
SAN ANTONIO, Texas - Rapidly growing building materials supplier US LBM has announced another acquisition: J.P Hart Lumber and Harts Components of Texas. US LBM now operates 65 locations in Texas.
US LBM has been on an acquisition spree - acquiring Higginbotham Brothers in May, wood products firm Villaume Industries in February, and Zeeland Lumber last November. The company has become one of the leading distributors of building materials in the country.
Founded in 1939 by J.P. Hart and headquartered in San Antonio, Hart's operations serve the major markets in Texas with five building materials yards and one window distribution facility across Austin, Houston, Dallas-Ft. Worth and San Antonio. Hart Components operates two roof truss and wall panel manufacturing facilities in Austin and San Antonio.
"Joining with US LBM in our 82nd anniversary year will allow us to continue to grow, provide new solutions for our valued customers and opportunities for our dedicated people," said W.B. (Speedy) Hart and Greg Wright, who will both remain with Hart, with Wright continuing to lead day-to-day operations following completion of the acquisition.
"The Hart team is widely respected and known for excellence and innovation by professional builders across Texas," said US LBM President and CEO L.T. Gibson. "When this acquisition is completed, US LBM will have an expansive network across Texas, with a strong presence in every major housing market, including Austin, Houston, Dallas-Ft. Worth and San Antonio."
The transaction is expected to close during the third quarter of 2021, subject to customary closing conditions.
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