Building materials company to close Merced plant
last updated: May 16, 2008 02:07:50 PM
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Building Materials Holding Corp. said today it will close its millwork and building materials distribution plants in Merced and Bakersfield. The facilities will be closed within the next two months, displacing about 30 employees.
A representative from the San Francisco-based company was not immediately available for comment. Building Materials Holding Corporation, and its subsidiary BMC West, provide building materials and construction services to residential builders and contractors.
President and Chief Operating Officer Stanley M. Wilson said in a statement the company could no longer justify the cost of operating the plants because of a significant drop in the number of new housing permits.
"The difficult decision to close our facilities in Merced and Bakersfield is a necessity based on today's challenging business environment and weakness in the housing markets in California's Central Valley," Wilson said.
The company said it will serve its Central Valley customers from nearby operations in Fresno and Modesto, where it has a plant in the Beard Industrial District.
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