The acquisition creates a global building materials industry leader.
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The transaction is expected to close on April 24.
Fourth quarter sales decreased 1 percent year-over-year.
Year-to-date sales up 5.6 percent for building products manufacturer.
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Sales rise 3% for building products manufacturer.
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Fourth quarter sales increased 13.2 percent year-over-year.
Ceilings Plus is expected to generate 2017 sales of $45 million.
A new production line will be added as part of the investment.
Sales for the first nine months increased 3.9 percent year-over-year.
Year-to-date sales up 4.1 percent for building products manufacturer.
Profit decreased 17.9 percent to $55 million.
Fourth quarter sales increased 2.2 percent year-over-year.
Company expects to complete sale of L&W Supply on Oct. 31.
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Acquisition of L&W Supply should put company back in sector's top spot.
Acquisition to help ABC Supply move to $8 billion-plus in annual sales.
L&W Supply sales up 6 percent in second quarter.
Sales for L&W Supply grew 6.9 percent year-over-year.
Sales for L&W Supply grew 6.2 percent for the year.
Sales for L&W Supply grew 5.3 percent for the quarter.
