West Coast Lumber Expands into Structural Component Manufacturing with Stone Truss Acquisition

West Coast Lumber (WCL), a leading regional lumber and building materials supplier, has announced its entry into the structural component manufacturing category with the acquisition of San Diego-based Stone Truss. Stone Truss, a well-established designer and manufacturer of roof and floor truss systems, brings its 30 years of experience and expertise to WCL, further expanding the company's product offering and capabilities.

The acquisition of Stone Truss comes shortly after WCL announced the addition of Jason Walsh to its leadership team as Vice President of Component Manufacturing. These developments mark significant progress in WCL's expansion strategy and its commitment to meeting the evolving needs of its customers.

Stone Truss, founded in 1986, specializes in custom design, cutting, and manufacturing of wood roof trusses and wood floor trusses for residential, commercial, and other applications. The company will continue operating from its manufacturing facility in North San Diego County and has plans to increase its production capacity in the near future.

Richard Thomas and Charlie Signorino, owners of Stone Truss, will remain with the company, ensuring continuity for customers and employees. In addition, Stone Truss employees will have the opportunity to benefit from WCL's people-focused practices, including its employee equity plan.

The acquisition of Stone Truss aligns with WCL's growth strategy and its commitment to providing exceptional service, innovation, and solutions to its customers. Maged Diab, Director at Building Industry Partners (BIP), the private equity firm behind WCL, expressed enthusiasm for the partnership, stating, "We plan to grow the Stone Truss business meaningfully over time and will be looking for great additional talent to join us."

The Stone Truss team is equally excited about joining forces with WCL and entering the next phase of the company's development. Richard Thomas expressed his belief that the deal will create new opportunities for team members and expand services for customers. Charlie Signorino emphasized their eagerness to collaborate with Joe Lawrence, Jason Walsh, and the entire WCL team to build upon their strong culture of delivering the best products, services, and solutions.

WCL's acquisition of Stone Truss reflects its commitment to investing in component manufacturing companies and partnering with business leaders in the West Coast, Arizona, and Nevada regions. The company is actively seeking opportunities to expand its presence in this category and further strengthen its position in the market.

West Coast Lumber was established in 2022 by Building Industry Partners (BIP), the leading private equity firm in the U.S. building supply industry. With four locations serving customers throughout Southern California, WCL is well-positioned to meet the diverse needs of its customers.

Building Industry Partners (BIP) has been a key player in the U.S. building industry since its founding in 2008. The firm is headquartered in Boston and has operating partners and advisors across the country. BIP has a strong track record of co-founding and being the first equity sponsor of some of the most successful and dynamic businesses in the U.S. building industry's middle market.

As part of its mission to elevate the building industry and its workforce, BIP focuses on people-focused investment and business principles. The company seeks to build exceptional and enduring businesses, generate world-class investment returns, and promote shared prosperity among its businesses' shareholders, management, and workforce through broad-based employee ownership and advancements in human capital management practices.

For more information about West Coast Lumber, visit westcoastlumber.com and follow the company on LinkedIn. To learn more about Building Industry Partners, visit buildingip.com and connect with BIP on LinkedIn.

In conclusion, West Coast Lumber's acquisition of Stone Truss marks a significant milestone for the company as it expands into the structural component manufacturing category. This strategic move enables WCL to offer a broader range of solutions to its customers while leveraging Stone Truss' expertise to enhance its capabilities. With a focus on growth and commitment to its people, West Coast Lumber continues to make strides in the building supply industry.