US LBM Celebrates 15th Anniversary

Industry News,

Originally Published by: US LBM — October 30, 2024
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US LBM marked its 15th anniversary on Oct. 30, 2024; the company was founded by President and CEO L.T. Gibson in 2009.

Unique among its peers in the building materials industry, US LBM’s operating model combines the scale and operational advantages of a national platform with a local go-to-market strategy, leveraging the company’s scale with the high service levels, local expertise, entrepreneurial culture and excellent customer relationships of its operating divisions. US LBM’s product portfolio addresses approximately 60 percent of the average construction cost of a new home.

“Thanks to the tremendous work of our associates and support of our customers and partners, it’s been an amazing first 15 years for US LBM, and I’m proud of the culture and company we’ve built together,” said Gibson. “The work we do every day, providing the essential materials that build communities, is incredibly meaningful, and I’m very grateful to be a part of this success and excited for the future, as we keep driving US forward.”

Some notable facts and accomplishments by US LBM over the past 15 years:

  • US LBM was founded in 2009 with 16 locations in three states, ranking 81st in industry listings of the top 100 professionally focused building materials distributors. Today, US LBM is the largest privately owned, full-line distributor of specialty building materials in the nation, ranking 2nd overall amongst full-line distributors serving construction professionals.
  • The US LBM Foundation was established in 2013 to help support the company’s goal of giving back to the communities where it operates. Since then, the Foundation has contributed more than $5.5 million to help improve the quality of life for children, veterans and those impacted by natural disasters.
  • US LBM introduced its mobile application in 2014; one of the first of its kind for the professional building supply industry, the app allows customers to track orders and deliveries, check invoices and browse special offers and sales events.
  • US LBM was named Dealer of the Year by HBS Dealer and ProSales magazines in 2013 and 2015, respectively.
  • The company’s US 1 Lean Six Sigma program, which includes training to educate US LBM’s associates on the strategies and principles of lean operating practices, has trained more than 5,600 associates to date.
  • In 2022, US LBM was the first-full line building products distributor in the U.S. to participate in the United Nations (UN) Global Compact, a voluntary initiative in which companies commit to aligning their business strategies and operations with 10 universal principles related to human rights, labor, anti-corruption and the environment.
  • US LBM was named to the Inc. 5000 in 2023, the most prestigious ranking of the nation’s fastest-growing privately held businesses. The Inc. 5000 list analyzed US LBM’s revenue growth over a three-year period from 2019 to 2022, which was 228 percent.
  • Since its founding, US LBM has opened more than 40 greenfield locations, two of the most recent being structural component manufacturing facilities located outside of Atlanta and Orlando, which went into operation in 2022 and 2023, respectively.
  • An acquirer of choice in the building materials industry, US LBM completed the company’s 100th acquisition in Oct. 2024, and the company now operates more than 460 locations, with over 15,000 associates, across the country.