ProBuild Holdings is where the pros go for building supplies. The company is one of the nation's largest suppliers of building materials to professional builders, contractors, and project-oriented consumers, serving customers through 10 regional brands. ProBuild boasts more than 470 locations where it operates lumber and building product manufacturing sites and distribution centers. It supplies lumber, millwork, windows, doors, roofing, insulation, engineered wood, siding and trim, and gypsum. Its specialty building products business line provides hardware, fasteners, tools for residential and light commercial construction. Dixieline ProBuild and Stober Building Supply are among ProBuild's regional holdings.
Based in Denver, ProBuild serves customers in several key metropolitan markets, including Houston, Dallas/Ft. Worth, Atlanta, Philadelphia, New York, and Washington, DC.
As part of its operations, ProBuild runs regional businesses Dixieline ProBuild and Stober Building Supply.
Despite a slowdown in 2010 as the country struggled with a decline in construction activity, ProBuild continued to grow organically by opening new stores and manufacturing facilities. ProBuild seeks out opportunities in key housing markets that have steady or growing construction demand. Following several acquisitions in recent years, however, ProBuild has put the brakes on expanding, particularly its staff. In 2012 the company instituted a hiring freeze at its Denver headquarters and eliminated several high-level management positions as it worked to reorganize its business. The move also included aligning its executive staff to allow for better insight into market issues.
Mergers and Acquisitions
In 2011 ProBuild acquired Harbert Lumber company, expanding its business into Colorado. Previous purchases include Chopp Lumber in Waldorf, Maryland, and Oso Lumber in Arlington, Washington, both in 2010. – less