BMHC Honored as Pro Dealer of the Year by Home Channel News
25 Octubre 2005 - 6:30AM
PR Newswire (US)
Company Recognized for Strong Financial Performance and Successful
Acquisition Strategy SAN FRANCISCO, Oct. 25 /PRNewswire-FirstCall/
-- Building Materials Holding Corporation (NASDAQ:BMHC), today
announced that it has been selected as Pro Dealer of the Year by
industry publication Home Channel News. The Company was chosen for
its strong financial performance as well as its successful
acquisition and growth strategies. Each year, the editorial staff
of Home Channel News evaluates the top companies in the building
materials and construction services industry and selects a Pro
Dealer of the Year in recognition of a company's growth and
financial performance for 2004 and the first half of 2005. This
year, BMHC was selected as a result of the Company's innovative
acquisition strategy and the expansion of its construction services
through BMC Construction, as well as the continued successful
growth of BMC West's building materials and value- added services
business. "In the years since BMHC was founded, we have maintained
our focus on staying at the forefront of trends in the homebuilding
industry and providing superior service to both regional and custom
builders as well as, more recently, high-volume production
homebuilders," said Robert E. Mellor, Chairman, President and Chief
Executive Officer of Building Materials Holding Corporation. "The
commitment and dedication of our employees -- combined with our
distinctive strategy serving homebuilders in key markets and
expanding our construction services -- have positioned BMHC as an
industry leader. It's an honor to be recognized as Pro Dealer of
the Year by Home Channel News for our leadership within the
residential construction services and building materials industry."
Established in 1975, Home Channel News is a leading industry
newsmagazine serving retailers, wholesalers, distributors, and
buying co-ops selling hardware and home improvement products to
do-it-yourself consumers and building professionals. About BMHC
BMHC, a Fortune 1000 company, is one of the largest providers of
residential construction services and building materials in the
United States. We serve the homebuilding industry through two
subsidiaries: BMC West distributes building materials and
manufactures building components for professional builders and
contractors in the western and southern states; BMC Construction
provides construction services to high-volume production
homebuilders in key growth markets across the country. To learn
more about BMHC, visit our website at http://www.bmhc.com/.
BUSINESS RISKS AND FORWARD-LOOKING STATEMENTS There are a number of
business risks and uncertainties that affect our operations and
therefore could cause future results to differ from past
performance or expected results. Additional information regarding
business risks and uncertainties is contained in Item 1 of our 2004
Form 10-K. These risks and uncertainties may include, but are not
limited to: -- demand for homebuilding which is influenced by
changes in the overall condition of the U.S. economy, including job
formation, interest rates and consumer confidence, as well as other
important factors; -- fluctuations in our costs and availability of
sourcing channels for commodity wood products and building
materials; -- changes in the business models of our customers; --
intense competition; -- integration of acquired businesses may not
result in anticipated cost savings and revenue synergies being
fully realized or it may take longer to realize than expected; --
our ability to identify suitable acquisition candidates; --
availability of and our ability to attract, train and retain
qualified individuals; -- unanticipated weather conditions
including natural catastrophic events such as earthquakes, fire,
flood, hurricanes, tornadoes, etc.; -- implementation of cost
structures that align with revenue growth; -- actual and perceived
vulnerabilities as a result of terrorist activities and armed
conflict; and -- numerous other matters of a local and regional
scale, including those of a political, economic, business,
competitive or regulatory nature. Certain statements made in this
news release constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements that are not historical or current facts, including
statements about our expectations, anticipated financial results
and future business prospects are forward-looking statements. While
these statements represent our current judgment on what the future
may hold and we believe these judgments are reasonable, these
statements involve risks and uncertainties that could cause our
actual results to differ materially from those in forward-looking
statements. These factors include, but are not limited to the risks
and uncertainties cited in the above paragraph. Undue reliance
should not be placed on such forward-looking statements, as such
statements speak only as of the date of this news release. We
undertake no obligation to update forward-looking statements.
DATASOURCE: Building Materials Holding Corporation CONTACT: Bill
Smartt, Senior Vice President and Chief Financial Officer,
+1-415-627-9100, or Ellis Goebel, Senior Vice President, Business
Development and Investor Relations, +1-415-627-9100, or Mark
Kailer, Vice President, Treasurer and Investor Relations,
+1-415-627-9100, all of BMHC Web site: http://www.bmhc.com/
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