July 18, 2024

US LBM acquires New Mexico’s RAKS Building Supply

US LBM acquires New Mexico RAKS Building Supply
National building materials distributor expands presence in key New Mexico housing markets Image taken from US LBM website

US LBM, a leading distributor of specialty building materials in the United States, has acquired RAKS Building Supply, a top provider of building products and manufactured components to professional builders and contractors throughout central New Mexico.

Founded in 1986, RAKS offers an extensive portfolio of home building supplies, such as lumber, floor and roof trusses, windows, doors and hardware.

Image taken from US LBM website

Headquartered in Los Lunas, RAKS operates five locations throughout the Albuquerque metropolitan area, including an 11-acre full line building materials yard, home center and truss manufacturing plant in Albuquerque, along with full line yards in Socorro, Edgewood and Los Lunas with an additional yard in Albuquerque.

Richie Tabet and Kenny Trujillo of RAKS Building Supply
Image taken from RAKS Building Supply website

“US LBM has an outstanding track record of partnering with the best local building materials suppliers, and we’re excited for the enhanced value and greater opportunities this partnership will create for our associates, customers and the community,” said Richie Tabet, who along with Kenny and Bobby Trujillo, will continue to lead RAKS’ day-to-day operations.

Logo Image taken from US LBM and RAKS websites

With the acquisition of RAKS, US LBM now operates 12 locations across the state of New Mexico.

US LBM President and CEO L.T. Gibson
Image taken from US LBM website

“RAKS Building Supply has a well-earned reputation for providing customers in New Mexico with exceptional products and service, and we’re pleased to welcome them to the US LBM family,” said US LBM President and CEO L.T. Gibson. “The Albuquerque region continues to see high demand for housing, and with continued low inventory levels, the addition of RAKS expands our network into a strong market that will continue to grow.”

Source

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