US LBM Acquires Shelly Enterprises, Inc.
April 23, 2013
We are pleased to inform you that Shelly Enterprises, Inc. (d/b/a Shelly’s) was acquired by US LBM Holdings, LLC and will join its family of companies. US LBM is a collection of leading building material distributors serving the Midwest, Northeast and Mid-Atlantic in eight states with more than 50 locations. Shelly’s represents US LBM’s ninth major acquisition since 2010 and is recognized as one of the fastest growing suppliers of building materials in the U.S. As an operating company of US LBM, Shelly’s will continue to manage its business as it does today operating under the same leadership structure. In fact, all of US LBM’s companies operate independently with a primary focus on the local customer while delivering a wide breadth of products and service. Regarding day-to-day operations, Shelly’s will use the same business practices and systems that it has used historically for servicing your business needs. Your quotes, order acknowledgements, invoices and statements will all be provided just as they are now. Bill, Greg and the team of professionals you rely on within Shelly’s will continue to serve you in the future! With a 90-year history of family ownership, we take great pride in our commitment to our customers and our communities. When we decided to make this transition, we made sure to align ourselves with a strong financial partner that is committed to the building products industry, who understands builder’s needs, and is well positioned for growth As the housing market recovers. Feel free to direct any questions you may have to your sales representative or any member of our management team. For more information on US LBM and its other companies, please visit www.uslbm.com. Again, on behalf of all of our employees, thank you for your continued support, we sincerely appreciate it!
Bill and Greg Shelly
Shelly’s Award Winning Service
Team wins Andersen Window Customer Service Award
Our Service Department is awarded “Highest Customer Satisfaction & In Home Experience Award”.
Congratulations for a job well done!
Shelly’s Products in the Spot Light
Freedom Rail
See Organized Living of Fox & Friends Weekend Show!
The segment airs Sunday, February 24, 2013 at 8:30am. During the show, the host will provide tips on how to organize a variety of couples to help bring harmony to a home and will use a freedomRail closet, pantry and garage as props.
Be sure to tune in and watch. Tell your customers too!
|
NLBMDA Issue Briefing
The American Taxpayer Relief Act of 2012
In order to avoid the “fiscal cliff,” yesterday Congress passed The American Taxpayer Relief Act of 2012. While the bill does take some positive steps on the tax side for business owners, it fails to address the core fiscal problems facing our nation. There was no attempt to control spending though this legislation and it merely delayed discussion on sequestration and its automatic budget cuts for two months. NLBMDA remains concerned about the economic uncertaintly that will continue as a result.
See NLBMDA briefing on the main provisions impacting the industry, including:
Income Tax Rates
Capital Gains Rates
Dividends Rates
Estate Tax
Direct Expensing & Bonus Depreciation
Energy Efficient Tax Credits
Payroll Tax Holiday
We will continue to provide additional guidance as it becomes available.
Freeland Facility Consolidates with Lehigh Valley
Getting materials to your jobsite on schedule has always been one of Shelly’s top priorities. That’s why, in 2006, Shelly’s opened a state-of-the-art 28-acre distribution center and warehouse, complete with a 450ft rail spur. The ultimate goal of this project was to more efficiently service professional developers and contractors throughout Northeastern Pennsylvania. We feel that we have achieved this goal, as our Quakertown location is currently responsible for most of your deliveries. In light of this success, we have decided not to renew our lease in Freeland and will consolidate Freeland’s staff, inventory, equipment and other resources primarily in our Lehigh Valley facility.
Your customer support and personal sales staff will continue to service you without interruption from our Lehigh Valley facility located just north of Bethlehem and the Lehigh Valley Airport. As of November 1, 2012 our store in Freeland will be closed.
We are confident that this decision to shift our resources from Freeland to our Bethlehem facility will help us to better serve all our customers. With 7 other locations, including full service lumberyards in Perkasie, Souderton, Kimberton and Bethlehem along with their design center; a truss and wall panel manufacturing facility in Telford; a Design Center in Downingtown and the distribution center in Quakertown, we are always adjusting to make it better for you to get what you need when you need it – guaranteed.
As we move our staff and inventory from the Freeland facility we guarantee that your deliveries will continue to arrive as expected. Please continue to communicate with your sales team as you have in the past for orders and information, and we will continue to provide you with top quality products and customer service.
Important Message Regarding Lumber Composite Pricing
Perhaps you have noticed the jump in Shelly’s Framing Composite Index this month! The index jumped from $470 to $507 from July to August; 8% in one month! The index is up 23% since January. While lumber continues its steady 2012 mill price recovery the strong monthly jump in our recent index has been driven primarily by price pressure on sheet goods or panels. For example, the most popular size of OSB has risen in price at the mills by more than 50% in the last month.
While prices are up at their highest in 5 years we do need to keep a little perspective. The last five years for the industry have been miserable. Prices have been depressed and forest product producers have been struggling financially, just like the rest of us. Their capacity has been reduced significantly and I do not believe capacity will be added back quickly. The mills have to repair their balance sheets just like everyone else. Additionally, with credit availability restricted everywhere in the distribution chain, there is limited wholesale inventory throughout the country. Just the modest up-tick in national housing starts we have seen recently creates upward stress on price structures.
Where prices go from here is anyone’s guess. Short term I believe we could be in for a modest correction, particularly with regard to panels, but I do not believe we will get back to January’s prices. Price averages for 2012 will continue upward, but keep in mind prices were in the tank back in 2009. The forest product industry would have disappeared if 2009 prices had persisted until now.
As always Shelly’s continues to be committed to keeping you our customers informed of the market conditions. In addition to
publishing the framing composite graph in our monthly newsletters, you can now find it at any time on our website in the contractor corner section. Please contact one of our staff members if you have any questions.
Housing recovery could lift jobs, spending
After years of depressed activity, home prices and new construction have started to pick up in recent months as foreclosures have slowed, suggesting the housing market may have finally bounced off the bottom.
Ideas LBM Trade Show
Mid-Atlantic Lumber and Building Material
Valley Forge Casino Resort
King of Prussia, PA
Tuesday, May 15, 2012
LV Homeshow – March 30-April 1, 2012
Stabler Arena
Bethlehem, PA
Visit www.lvba.org for details
Atlantic Builders Show-March 28-30, 2012
Atlantic City Convention Center
Archives
Testimonials
I have been working with Shelly Lumber and in particular Ed Walsh for in excess of twenty years. As a Custom Home Builder I am faced with the constant challenge of providing “enough” Customer Service to my clients. It is rare in the Residential Construction business to find a trade partner that always provides the Customer Service that one expects and indeed provides a model to emulate that is the situation with Ed. Ed understands that we could buy our materials from a range of suppliers…
— Corbett Hall; CD Builders
Shelly Lumber has been a huge contributor to our company’s mission to provide our customers with a process and a finished job that exceeds their expectations. Exceptional quality lumber, great pricing, on time deliveries and open lines of communication with their salespeople has been the basis of our relationship with Shelly’s for over a decade. We started dealing with Shelly’s; primarily as a lumber supplier, but over the years we have expanded our business with them to include windows…
— Wayne C. Megill, Jr.
Shelly's has been a supplier of ours for over 20 years. There are many reasons for this long lasting relationship, but here are a few of the most important:
Shelly's has been consistently honest and fair with their pricing. There aren't any surprises. Shelly's has a 'family' attitude towards business which is becoming rare in the construction industry. They treat their customers as part of their family. Ed Walsh has been my salesman since day one. He is honest and on the ball with our…
— Joseph Buoni
"TC and I have worked together on projects, committees and continuing education programs in a very successful manner. He is wonderful at providing information in a realistic manner and has proven he is a specialist in the sustainable (a.k.a. green) building industry. TC combines academic knowledge with practical experience in a style that provides very useful information. I definitely recommend TC to anyone and everyone as the perfect product supplier!"
Principal, Stampfl Hartke Assoc.,…
— David Hartke, Principal, Stampfl Hartke Assoc., worked with T.C. at Keystone Green Building Initiative
“I have had the pleasure of dealing with TC over the years; he is an invaluable asset to have on your side! TC was recently a huge help in our Company building the first home in America to attain the Emerald Level (highest level) Home under the NAHB Green Home Program. TC was an integral part of that effort, and has always been full of suggestions that made the administration of projects easier, while keeping the budget in mind at all times by offering a deep rooted knowledge of the various…
— Robert Brown
Randy is an extremely professional and highly competent/ knowledgeable sales person who represents Shelly’s very well. I am constantly recommending Randy to anyone who needs building materials and or his expert guidance. I am very much looking formwad to working with him on future projects.
— Rodger J Wilcox, Vice president, Blue Bell Contracting Corporation
In an environment where apathy seems to be the mantra, Conrad stands apart. Of all our business partners Conrad sets himself apart by educating us, and pushing the subs we mutually interact with to adapt to new products and procedures. He has consistently proven over the years through his dedication that he truly believes his path to success
is in promoting the ability for us to succeed. When the previous shop he worked for closed, we held fast for him to set up operations in Shelly’s. Wood…
— Reid Ruhmel, Ruhmel Contracting Inc
“I’ve been working with Kent as my account manager at Shelly’s for over 10 years. He has always been right on top of things from getting my jobs designed and engineered thru quick quote turn arounds through the final on time delivery of the goods. I’ve always enjoyed Kent’s personable follow ups & being able to contact him as I need questions answered. Thanks for the great service Kent!”
— Dave H., General Contractor
We have worked with Paula for a number of months designing our kitchen and bathrooms for our new home here at Coldstream. Her knowledge and expertise is outstanding and her personality, enthusiasm, and patience in working many hours with us has been a pleasure. We are extremely pleased with the design work she did to complete both the kitchen and baths. Paula was very responsive to our e-mails and calls as well.
— Weezie and Tom Duff
I would like to take a moment of your time to compliment you and your employee, Anne Chiesa. We recently added a sizeable addition to our house in Harleysville, Pa. which included a mud room, 2 bedrooms, and a kitchen expansion.
My brother and I have worked with Anne before on many of our Pocono investment homes and she has done a wonderful job designing and seeing the kitchens through to completion; many times with last minute notice. When we decided to build our addition, the…
— Jeff Petrillo, CRNA, MS
Newsletter
