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- US LBM Expands in Texas with Acquisition of Texas Tool Traders
US LBM Expands in Texas with Acquisition of Texas Tool Traders
Slice of Construction Team
October 15, 2024
Key Highlights:
US LBM acquires Texas Tool Traders, a premier Texas supplier of fasteners and tools.
Texas Tool Traders operates 14 locations across Austin, Dallas-Fort Worth, San Antonio, and Houston.
US LBM strengthens its presence in Texas, offering a wider range of building materials to major metro markets.
The acquisition enhances US LBM’s comprehensive product and service offerings to contractors statewide.
Source: PR Newswire
Notable Quote:
“Texas Tool Traders has a well-earned reputation for quality and service, and we're pleased to welcome the team to US LBM."
Our Take:
US LBM's acquisition of Texas Tool Traders marks another strategic move to solidify its presence in key Texas markets. By integrating Texas Tool Traders' established customer base and strong local reputation, US LBM will enhance its already robust portfolio in the state. This expansion not only supports US LBM's growth but also ensures that builders and contractors across Texas continue to benefit from a wider range of high-quality materials and services. As the Texas construction market remains vibrant, this acquisition positions US LBM for continued success in a competitive industry.