NEW YORK--(BUSINESS WIRE)--US LBM Holdings, LLC (“US LBM”) announces the acquisition of Samuel Feldman Lumber Co. (“Feldman Lumber”) of Brooklyn, NY from Robert and Kenneth Feldman. Kenny Feldman will become President of Feldman Lumber and Bob will remain with the company as well.
Originally founded in 1912 by Samuel Feldman, Feldman Lumber is the leading full-service provider of wallboard, steel stud, insulation, wood products, and specialty building supplies to the New York City metropolitan market. Based in Brooklyn with four locations serving the Tri-State area, Feldman Lumber has been a respected supplier to contractors, builders and industrial companies for over 100 years.
“We are excited and proud to join the US LBM team and the opportunity it brings to provide our customers with continued enhancements to our product and service offering,” said Kenny Feldman. “This partnership with US LBM provides a platform for growth to our associates and partners for the future.”
“Feldman is a key strategic addition to US LBM and demonstrates our commitment to grow our current offering of specialty products. The addition of wallboard, steel stud and insulation not only enhances the scope of these products but will also provide a platform for continued expansion within our current and future locations. We continue to enjoy success by partnering with leading building material teams and businesses throughout the country. This validates our belief that our industry is local by nature and our people make the difference,” said L.T. Gibson, President & CEO of US LBM. “We are excited to announce this addition to the US LBM team and look forward to continued investment in the Feldman growth plans as well as expanding their product and customer base.”
US LBM, recipient of the 2013 HCN Pro Dealer of the Year Award, is a collection of 13 leading building material distributors serving the Midwest, Northeast, Southeast, Mid-Atlantic, and Western U.S. in 11 states with more than 70 locations. Implementing the philosophy of local management and leadership, US LBM capitalizes on the premier reputation of its operating companies and the local customer relationships that each operation is known for in its market. www.uslbm.com.