Mill Creek Lumber & Supply Company will acquire Fox Building Supply. The announcement was made jointly by Jeff Dunn, president of Mill Creek Lumber & Supply Company, and Jim Fox, manager of Fox Building Supply.
Fox Building Supply, based in Oklahoma City, Oklahoma, employs 100 people and has been in business for 50 years. Mill Creek currently employs 690 people, has been in business for 87 years and has operations in Kansas, Oklahoma, and Arkansas. Post-closing, Mill Creek projects annual revenues to be in excess of $425 million for 2022.
“Jim Fox and his son, J.P. Fox, are integral to our success in OKC and have agreed to remain engaged with Mill Creek in our continuing operations,” Dunn said. “It is very gratifying to see two strong, independent building materials dealers combine, especially when their management teams and cultures are so strong and synergistic.”
Jim Fox added, “We are confident that the combined resources of Mill Creek and Fox shall allow us to better serve the entire building community.”
“Both Jim and J.P. Fox’s primary objective in undertaking this transaction was to take care of their people. We fully embrace that objective and look forward to welcoming all Fox Employees into the Mill Creek family,” Dunn said.
The transaction is expected to close in the fourth quarter of this year.