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FOR IMMEDIATE RELEASE
Galt, CA (December 1, 2017) – Home Factories, Inc., a wholly owned subsidiary of Building Material Distributors, Inc. (BMD), today announced its acquisition of Moehl Millwork, Inc. Moehl Millwork is a distributor of millwork products with facilities in Ankeny, Iowa and Olathe, Kansas.
BMD, Inc. is a distributor and manufacturer of specialty building products and millwork.
“Moehl has created a strong brand name and reputation for exceptional service. We think the Moehl team will be a great addition to our employee owned culture,” commented Jeffrey Gore, President & CEO of BMD, Inc. “Moehl adds to our already significant presence with strong channel partnerships that expand and strengthen our position and open up new markets and opportunities. The synergies in millwork product lines and in other specialty building product categories are significant and will bring additional value to current customers of Moehl and BMD.”
“Our employee ownership culture is a differentiator for us,” said Gore. “We are excited to add the Moehl team and the Kansas City Millwork team to that culture of delivering exceptional service and driving value for all our channel partners. We think the cultural fit is excellent.”
“It was apparent early on in the process that our cultures and values are well aligned and I am extremely excited to see what the future holds for Moehl under BMD’s portfolio of businesses,” stated Don Rudd, Moehl’s CEO and owner. “Not only the fact that all Moehl employees and management will remain in place, but that they will have the opportunity for ownership via BMD’s employee ownership program was important in finding the right partner to continue to grow and provide exceptional service to our customers in the Midwest.”
“Under this partnership, we will maintain and grow our existing business lines, and now be able to stretch into additional building product opportunities,” commented Rudd. “Our partnership with BMD will further support the growth and evolution of the company and we will continue to be the leader in our products in our current markets and seek to further expand both our product offering and territories.”
About Moehl Millwork, Inc.
Moehl Millwork is a wholesale distributor of millwork products, serving builders, contractors, and lumber dealers throughout Iowa and contractors in the Kansas City Metro area. It supplies premium windows, doors, moulding, and cabinets for commercial and residential projects. Moehl has a branch, Kansas City Millwork, that serves the Kansas City Metro area, in addition to their Ankeny headquarters, which serves the entire state of Iowa.
Moehl was advised on the transaction by NCP, Inc., acting as exclusive financial advisor, and Whitfield & Eddy, P.L.C., acting as legal counsel.
About Building Material Distributors, Inc.
Established in 1943, Building Material Distributors, Inc. (BMD) is a distributor and manufacturer of specialty building products and millwork. BMD supplies specialty products to builders, contractors, remodelers, independent lumberyards, regional building material dealers, window and door specialty retailers, garage door dealers, hardware retailers, and home centers.
Employee owned, BMD is headquartered on a company-owned 22 acre site in Galt, CA with distribution centers in Perris, CA; Eureka CA; Colorado Springs, CO; Memphis, TN; Centralia, WA; Dunn, NC; Santa Fe, NM, and manufacturing facilities in Sacramento, CA and Old Fort, NC.
For more information contact, Building Material Distributors, Inc. corporate office: