US LBM Strengthens Foundation with Acquisition of Renowned RAKS Building Supply
In a landmark move that solidifies US LBM's position as the premier distributor of specialty building materials, the company proudly announces the acquisition of RAKS Building Supply. Renowned for exceptional service and a comprehensive product portfolio, RAKS has been the cornerstone of central New Mexico's building industry since 1986.
This strategic partnership brings together two industry leaders, poised to deliver unparalleled value to our collective customers, associates, and the communities we serve. RAKS' distinguished legacy of excellence, recognized with the prestigious LBM Journal Dealer of the Year award in 2022, perfectly complements US LBM's unwavering commitment to innovation and growth.
From their expansive Albuquerque headquarters, encompassing a state-of-the-art truss manufacturing plant and a full-line building materials yard, RAKS has empowered countless construction projects across New Mexico. Their additional locations in Socorro, Edgewood, and Los Lunas further solidify US LBM's presence in the vibrant Albuquerque metropolitan area.
"We are thrilled to welcome the esteemed RAKS team to the US LBM family," says L.T. Gibson, President and CEO of US LBM. "Their dedication to exceptional service and their deep understanding of the local market perfectly align with our vision. With Albuquerque experiencing a surge in housing demand, this acquisition strategically positions us to meet the evolving needs of the region."
Richie Tabet, along with Kenny and Bobby Trujillo, will continue to lead RAKS' day-to-day operations, ensuring a seamless transition and preserving the very elements that have made RAKS such a success. Together, US LBM and RAKS embark on a new chapter, committed to exceeding expectations and building a brighter future for our industry.