M&A Forum
US LBM, Kodiak Chiefs Talk Deals, Challenges, and the Future
Gibson and Swinney cover the waterfront at NRLA seminar
The chief executive officers of US LBM and Kodiak Building Partners told New England area dealers today they’re expecting 2016’s prospects and issues will be much like 2015.
Expect “slow and steady” growth nationally this year with lots of local nuances, US LBM’s L.T. Gibson predicted during a session in Providence, R.I., that helped launch the Northeastern Retail Lumber Association’s (NRLA) annual LBM Expo. Meanwhile, Kodiak’s Steve Swinney said that of his company’s two key markets, Texas is “pretty moderate” while Colorado “has continued strong for us.” As for the East Coast, “we’re excited about a good year and just hope it won’t snow seven feet again,” he said.