Central Valley Builders Supply Announces Acquisition of Caseywood Corporation
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Central Valley Builders Supply, a leading, diversified, Top 100 building supply company since 1955 would like to announce the acquisition of Caseywood Corporation, a well known and respected building supply company based in Grass Valley, CA. It is a merger of two multi generational, family run businesses.
Founded in 1985 in Grass Valley, California, Caseywood has been a leading supplier of building materials to professional contractors in the greater Tahoe Truckee markets as well as the Sierra Nevada foothill market. Initially founded by John T. Casey, for over 30 years the business has been run by John’s two sons Kevin and Mark Casey as well as John’s son-in-law Brent Fraser. Caseywood has established itself as an integral player in their markets as they continue to experience significant growth.
The family explains, “Caseywood represents the legacy and vision of our father and father-in-law, John
T. Casey. This legacy is sacred to the three of us and, as such, we chose Central Valley as the perfect strategic buyer that allows this legacy to continue for years to come all under the Caseywood brand.”
They continued, “this move will help us ensure that entire Caseywood Team will continue to grow and prosper for many years to come, benefitting immensely from the strength and size of Central Valley. From the strong management structure, the increased purchasing power, a high-level human resource team with excellent employee benefits, and other efficiencies (trucking, sales, safety, training) Central Valley will help make Caseywood an even stronger, more prosperous business.”
Steve Patterson, Central Valley’s President & CEO explains, “The addition of Caseywood is a strategic step toward our overall growth goals. It allows Central Valley to bookend the greater Sacramento, foothills, and Lake Tahoe markets. Caseywood has a solid reputation and is known for their superior service and creative problem solving.”
Both companies are committed to delivering premium lumber, engineered wood, moulding, millwork, hardware, fencing and decking products. Central Valley’s acquisition of Caseywood Corporation will result in an expanded footprint across Northern California, encompassing five retail locations three sourcing lumberyard locations, a design center, a door and window shop, two rail yards, and a combined workforce of approximately 240 employees.
About Central Valley
Central Valley is a leading, diversified, Top 100 U.S. building supply company that proudly serves pro builders and vineyard operators in Northern California. As a regional industry leader, with over $100 Million in sales, we have 5 warehouses, 41 acres of inventory, 55 delivery vehicles, 2 fully stocked production yards that sell over 60 million board feet each year.
About Caseywood
Caseywood continues to be a key partner to the building contractor supplying framing, siding, doors windows, roofing, millwork and hardware. With sales exceeding $25 Million, Caseywood continues to grow with 2 warehouses, a complete custom door and millwork shop, 8 delivery trucks, 4 acres of inventory storage, sales offices and a full product showroom.
Contact:
Lawrence N. Blake Jr. – SVP of Sales and Marketing – LarryB@central-valley.com
Source: Central Valley Builders Supply