R.P. Lumber Acquires Alexander Lumber
Alexander Lumber Co. of Aurora, Illinois, has been acquired by R.P. Lumber Co Inc. The 130-year-old family-owned business has locations in Illinois, Wisconsin, and Iowa.
The sale, the specifics of which were not disclosed, is set to conclude on Friday, December 3.
R.P. Lumber, based in Edwardsville, opened its first location in Staunton and has since expanded throughout Illinois, Missouri, and Wyoming.
Early in 2021, R.P. Lumber entered the Iowa market in two different transactions, acquiring three sites.
“For five generations, Alexander Lumber has been our family’s identity,” Watt Alexander, Chairman of the Alexander Lumber Board of Directors said.
“It has shaped our lives and our relationships to one another, but time has caught up with us. As our family has grown and spread across the country, we’ve lost the cohesiveness and focus that previously enabled us to transition leadership from one generation to the next.”
In addition to expanding its store footprint in Illinois and Iowa, R.P. Lumber will open the door to Wisconsin, where Alexander currently operates two stores and one sales office, as well as expanding its truss manufacturing capabilities and geographic reach with the addition of a robust production facility in northern Illinois.
“Alexander Lumber has always led by example,” R.P. Plummer’s President and CEO is Robert L. Plummer. Lumber added.
“They are an industry giant with deep roots and a sterling reputation that has remained intact for decades. We are in a tough business and they are a company that I have always admired. Alexander Lumber leadership cares deeply about their staff and customers, and we intend to preserve that commitment.”.
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