Capital Lumber Purchases Capitol Plywood
Phoenix—Capital Lumber Company has entered into an agreement to purchase the assets of Capitol Plywood‘s distribution facility in Sacramento, Calif. The agreement is expected to be finalized September 30.
“We are excited to expand our product offering and service model in this market to many of the same customers we service today out of our Healdsburg, Calif. facility,” stated Sam Sanregret, President of Capital Lumber. He continued, “The acquisition also allows us to offer some new customers the product lines we’ve been known for. We’ll balance inventories in both facilities to broaden our offerings.”
Capitol Plywood has serviced retail lumberyards and industrial accounts in the northern California and Nevada markets with specialty plywood, particle board, MDF, and lumber products since 1957.
Capital Lumber Company is an independently-owned distributor of specialty building materials that’s been serving the Western United States since 1948. Facilities include regional distribution centers with headquarters and support services in Phoenix.
Source: Capital Lumber Company