Carter Lumber has acquired Townsend Building Supply, a building materials dealer with six locations in southern Alabama and the Florida Panhandle.
Carter Lumber said the acquisition continues the company’s plans for growth in the South and will streamline further expansion in these two states. Townsend Supply will become part of the Carter Lumber family of companies and will continue to operate under its distinct brand post-acquisition.
“Florida and Alabama have been in our sights for years as part of our strategic southern expansion. With Townsend’s established presence and solid reputation, we’re able to hit the ground running in both states,” Jeff Donley, president and chief operating officer of Carter Lumber, said. “Both companies share a rich history of core family values and a commitment to delivering exceptional customer service. We look forward to demonstrating to Townsend’s customers and employees why we believe Carter Lumber is the best company in this industry.”
With the acquisition finalized, Carter Lumber and Townsend Building Supply said they will work together to integrate systems and operations seamlessly. Over the next 12 months, Carter Lumber plans to invest heavily in Townsend’s locations to expand capabilities and services for customers across southeastern Alabama and the Florida Panhandle.
“We’re excited for this next phase of Townsend. Our top priority was finding the right partner for our customers and employees, and Carter Lumber is the perfect fit,” Turner Townsend, CEO of Townsend Building Supply, said. “We’ve worked tirelessly to expand our capabilities and provide an unbeatable work environment for our team. This acquisition will accelerate the progress we’ve made and drive further success.”
