Building materials supplier R.P. Lumber is buying competitor Alexander Lumber, with plans to close on the acquisition Dec. 3.
All remaining Alexander locations will be rebranded R.P. Lumber.
In terms of how the sale will impact the two stores in Champaign, the company declined to provide details but did send this statement:
“We are working hard to retain as many Alexander Lumber employees as possible, and are excited to continue serving the Champaign-Urbana community from a single location.”
Edwardsville-based R.P. Lumber has 55 locations in Illinois. It opened its first store in 1977, and also has locations in Missouri, Iowa and Wyoming.
Alexander Lumber, based in Aurora, has seven locations in Illinois. Board Chair Watt Alexander said the company has been his family’s identity for five generations.
“It has shaped our lives and…