GMS Expands Footprint in Western Pennsylvania
October 10 2017 - 07:00AM
Business Wire
GMS Inc. (NYSE:GMS), a leading North American distributor of
gypsum wallboard and suspended ceiling systems, announced today it
has acquired substantially all of the operating assets of
Washington Builder’s Supply Company (“WBS”) located in Meadow
Lands, PA, approximately 25 miles southwest of Pittsburgh.
“We are proud to add WBS to our GMS family,” said Mike Anderson,
Vice President of the Northeast Division of GMS. “WBS has a long
history in servicing the Greater Pittsburgh Market and a reputation
for quality, efficiency and knowledgeable sales support. This yard
increases our presence in Western Pennsylvania and will help us
better serve this important market.”
WBS has been in business since 1988 and will join Ohio Valley
Drywall Supply (“Ohio Valley”), a GMS company acquired in 2015 that
serves residential and commercial customers in Pittsburgh and the
surrounding areas. Together, WBS and Ohio Valley will stock a wide
variety of products including drywall, steel, insulation and
construction accessories, along with a full range of commercial and
residential services, such as after-hours and weekend delivery as
needed. WBS is led by Joel Whiteko, who will join Ohio Valley along
with the rest of the WBS team.
“WBS shares GMS' commitment to excellent service and we look
forward to being part of a larger operation,” Whiteko said. “We are
eager to integrate into GMS and continue providing strong customer
service and quality materials throughout the Pennsylvania-West
Virginia-Ohio region.”
About GMS
Founded in 1971, GMS operates a network of more than 210
distribution centers across the United States. The
company’s extensive product offerings include wallboard,
suspended ceilings systems and complementary interior construction
materials. GMS is designed to provide comprehensive
one-stop-shopping for its core customers -- interior contractors
who install these products in commercial and residential buildings.
For more information about GMS, please
visit www.gms.com or email marketing@gms.com.
Forward-Looking Statements and Information:
This press release includes "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. You can generally identify forward-looking statements by our
use of forward-looking terminology such as "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may,"
"might," "plan," "potential," "predict," "seek," or "should," or
the negative thereof or other variations thereon or comparable
terminology. We have based these forward-looking statements on our
current expectations, assumptions, estimates and projections. While
we believe these expectations, assumptions, estimates and
projections are reasonable, such forward-looking statements are
only predictions and involve known and unknown risks and
uncertainties, many of which are beyond our control.
Forward-looking statements involve risks and uncertainties,
including, but not limited to, economic, competitive, governmental
and technological factors outside of our control, that may cause
our business, strategy or actual results to differ materially from
the forward-looking statements. These risks and uncertainties may
include, among other things: changes in the prices, supply, and/or
demand for products which we distribute; general economic and
business conditions in the United States; the activities of
competitors; changes in significant operating expenses; changes in
the availability of capital and interest rates; adverse weather
patterns or conditions; acts of cyber intrusion; variations in the
performance of the financial markets, including the credit markets;
and other factors described in the "Risk Factors" section in our
filings with the SEC. We undertake no obligation to update any of
the forward looking statements made herein, whether as a result of
new information, future events, changes in expectation or
otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20171010005617/en/
For GMS Inc.Michelle Leader,
770-723-3319michelle.leader@gms.com
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