[Source: www.homechannelnews.com, August 15, 2006]
Stock Building Supply has announced the acquisition of Martin Architectural Products, headquartered in Cary, N.C. Martin also operates a satellite sales office in Greenville, N.C.
The purchase price was not disclosed. Senior management, including president and company founder Mike Martin, will remain with the company.
Founded in 1975, Martin services the commercial sector, where it fabricates, supplies and installs doors (metal, wood and fire), electronic security entrance systems and hardware. Its customers include universities, hotels, hospitals, office buildings and airports. Sales in 2005 were $26.3 million.
Stock Building Supply now operates 314 locations in 33 states, with annual revenues of $4.1 billion. Stock is a subsidiary of U.K.-based Wolseley plc.
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