
The acquisition
In June, Doman Building Materials Group in Vancouver, Canada, purchased Hixson Lumber, a familyowned company that conducts business in eight states and has 19 facilities, including five sawmills in Arkansas, Illinois, Louisiana, Mississippi and Texas. Doman acquired this leading wholesale and manufacturing lumber company that employs more than 1,000 people, according to Doman’s June 4 press release, for approximately $375 million.