BNET Industries
Market Cap:$95.1M
Last Fiscal Year Sales:$2.7B
- Public
- US
Dow Jones Description
Headquartered in Atlanta, Georgia, BlueLinx Corporation is a leading distributor of building products in North America. Employing approximately 2,000 people, BlueLinx offers greater than 10,000 products from more than 750 suppliers to service approximately 11,500 customers nationwide, including dealers, industrial manufacturers, manufactured housing producers and home improvement retailers. The Company operates its distribution business from sales centers in Atlanta and Denver, and its network of more than 70 warehouses. BlueLinx is traded on the New York Stock Exchange under the symbol BXC.
Chief Executive Officer & President
George R. JuddNumber of Employees 2,000
Peer Companies
NAICS Code Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers: 423310
Recent Events
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BlueLinx Holdings reports Q3 loss
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BlueLinx Holdings Sales Down 49% in Second Quarter
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Wood Composite to distribute decking products in U.S.
News & Analysis
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bluelinx holdings inc. - All News and Analysis
BlueLinx Holdings Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions. Our first question will come from Alex Ovshey with Goldman Sachs. Alex Ovshey -- Goldman Sachs Good morning. Just a question on the gross margins. You highlighted that they're above historical levels despite the weak bonds environment. Can you talk about operating leverage in the...
BlueLinx Holdings Inc. Q2 2009 Earnings Call Transcript
BlueLinx Holdings Inc. BXC Q2 2009 Earnings Call Transcript August 6, 2009 10:00 am ET
BlueLinx Holdings Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Rick Skidmore of Goldman Sachs. Rick Skidmore Goldman Sachs Hi good morning. Just to clean up a couple of questions with regards to the charges. The gain on the sale of the properties is that in the...
Bluelinx Holdings Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Our first question comes from Steve Chercover with D.A. Davidson. Steven Chercover - D.A. Davidson Good morning. Didn't think my fingers were that fast. George Judd Hi Steve. Steven Chercover - D.A. Davidson My first question. Can you maybe elaborate or discuss the competitive landscape....
BlueLinx Holdings Inc. F4Q08 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Steven Chercover of D. A. Davidson & Co. Steven Chercover - D. A. Davidson & Co. I had two quick questions please. First of all with respect to real estate, you have told us that the gain...
BlueLinx Holdings, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question comes from the line of Steve Chercover with D.A. Davidson.Steven Chercover – D.A. Davidson & Company Thank you. Good morning.Howard Cohen Good morning.Steven Chercover – D.A. Davidson & Company First of all, how do you feel on the...
Stock Screen: Price Momentum + Fundamentals = Profits
Mark Barath submits: Ultimately the performance of a stock will follow the underlying fundamentals of a firm. Stocks that are rising quickly usually represent firms which are executing well and have strong profit growth. On the other hand, stocks that are falling usually represent firms that are failing to grow...
BlueLinx Holdings Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator instructions Your first question comes from the line of Steve Chercover of D.A. Davidson. Steve Chercover – D.A. Davidson & Co. A couple questions. First of all, can you tell us why you didn't provide the volume numbers for your...
BlueLinx Holdings Inc Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of Keith Hughes with Suntrust. Keith Hughes - Suntrust Robinson Humphrey .. having a difficult year pulling cash out of working capital. Given that 2008 is, at least at this point, it looks like...
BlueLinx to distribute CCA global flooring.(CLIPPINGS)(BlueLinx Holdings Inc.)(CCA Global Partners Inc.)(Brief article)
Under a new strategic relationship announced July 16, BlueLinx Holdings Inc. of Atlanta will provide CCA Global Partners, Inc., with comprehensive logistics and product management services for the company's ... Under a new strategic relationship announced July 16, BlueLinx Holdings Inc. of Atlanta will provide...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| George R. Judd | Chief Executive Officer & President |
| Dean A. Adelman | Chief Administrative Officer |
| Duane G. Goodwin | Chief Supply Chain Officer |
| H. Douglas Goforth | Senior Vice President, Chief Financial Officer & Treasurer |
| Ashley Freer | Manager, Communications |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Howard S. Cohen | Chairman |
| Alan H. Schumacher | Board of Directors |
| Charles H. McElrea | Board of Directors |
| Mark A. Suwyn | Board of Directors |
| Richard B. Marchese | Board of Directors |
| Richard S. Grant | Board of Directors |
| Richard Warner | Board of Directors |
| Robert G. Warden | Board of Directors |
| Steven F. Mayer | Board of Directors |
George R. Judd has served as our Chief Executive Officer since October 2008, and as our President and Chief Operating Officer since May 2004. Mr Judd has also served as a member of our board since October 2008. Previously, he worked for Georgia-Pacific Corporation in a variety of positions managing both inside and outside sales, national accounts and most recently as Vice President of Sales and Eastern Operations since 2002. From 2000 until 2002, Mr. Judd worked as Vice President of the North and Midwest regions of the Distribution Division. He served as Vice President of the Southeast region from 1999 to 2000. Mr. Judd serves on the board of the Building Products Institute in Washington, D.C., and he is past Chair of the National Lumber & Building Material Dealers Association. He also serves on the board of the Girl Scouts of Georgia. He graduated from Western Connecticut State University in 1984 with a Bachelor's degree in Marketing.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Chief Executive Officer & President | Current |
| BlueLinx Holdings Inc. | Board of Directors | Current |
| BlueLinx Holdings Inc. | President & Chief Operating Officer | Former |
| BlueLinx Corporation | President & Chief Operating Officer | Former |
Dean A. Adelman has served as our Chief Administrative Officer since May 2008 and as our Vice President, Human Resources since October 2005. Prior to that time, he served as Vice President Human Resources, Staff Development & Training for Corrections Corporation of America. Previously, Mr. Adelman served as Vice President Human Resources for Arby’s Inc. (formerly RTM Restaurant Group) from 1998 to 2002. From 1991 to 1998, Mr. Adelman served as senior counsel for Georgia-Pacific Corporation. Mr. Adelman received his Masters of Business Administration from the Kellogg School of Management at Northwestern University, a Juris Doctor degree from the University of Georgia School of Law, and a Bachelor of Arts degree from the University of Georgia.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Chief Administrative Officer | Current |
| BlueLinx Holdings Inc. | Vice President, Human Resources | Former |
| Georgia-Pacific Corporation | Senior Counsel | Former |
| The University of Georgia | Juris Doctor Degree, Cum Laude | Former |
| The University of Georgia | Bachelor of Arts Degree | Former |
Duane G. Goodwin has served as our Chief Supply Chain Officer since December 2005. Prior to that time, Mr. Goodwin was with The Home Depot since April 1994, where he served in a variety of positions including Vice President/Merchandising — Hardware from July 2003 to February 2005, Vice President Global Sourcing from July 2000 to July 2003, and Divisional Merchandise Manager from April 1999 to July 2000. Before this Mr. Goodwin was with Wal-Mart Stores, Inc., where he served in a variety of roles from 1985 through April 1994. Prior to joining our Company, Mr. Goodwin also served as an outside consultant to Cerberus beginning in June 2005.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Chief Supply Chain Officer | Current |
| Wal-Mart Stores, Inc. | Former |
Doug Goforth has served as our Senior Vice President, Chief Financial Officer and Treasurer since February 2008. From November 2006 until February 2008, Mr. Goforth served as Vice President and Corporate Controller for Armor Holdings, Inc. which was acquired by BAE Systems in July 2007. Previously he served as Corporate Controller for BlueLinx from May 2004 until October 2006, where he played a key role in BlueLinx' 2004 IPO. From 2002 until 2004 he served as Controller for the Distribution Division of Georgia-Pacific Corporation. Mr. Goforth has over 20 years of combined accounting, finance, treasury, acquisition and management experience with leading distribution and manufacturing companies including Mitsubishi Wireless Communications, Inc., Yamaha Motor Manufacturing, Inc. and Ingersoll-Rand. He is a North Carolina State Board Certified Public Accountant and earned a Bachelor of Science in Accounting from Mars Hill College in North Carolina.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Senior Vice President, Chief Financial Officer & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| BlueLinx Corporation | Manager, Communications | Current |
| BlueLinx Holdings Inc. | Manager, Communications | Current |
Howard S. Cohen has served as Chairman of our Board since March 2008 and as a member of our Board since September 2007. Mr. Cohen served as our Interim Chief Executive Officer from March 2008 through October 2008 and as our Executive Chairman from March 2008 through March 2009. Prior to joining our company as an executive officer, Mr. Cohen was a Senior Advisor of Cerberus. Mr. Cohen possesses 33 years of leadership experience, including service as President and CEO of four publicly-traded companies: GTECH Corporation, from 2001 to 2002; Bell & Howell, from 2000 to 2001; Sidus Systems Inc., from 1998 to 1999; and Peak Technologies Group, Inc., from 1996 to 1998. Mr. Cohen has also managed independent divisions of three Fortune 500 companies. Mr. Cohen also serves as the Chairman of the Board of Directors of Albertsons LLC and Hilco Receivables LLC, both of which are Cerberus portfolio companies. Cerberus is the indirect holder of a majority of the outstanding shares of our common stock.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Chairman | Current |
| SSA Global Technologies, Inc. | Board of Directors | Current |
| GTECH, LLC | CEO | Former |
| BlueLinx Holdings Inc. | Interim Chief Executive Officer | Former |
| Bell & Howell | Chief Executive Officer | Former |
| GTECH, LLC | President | Former |
| Bell & Howell | President | Former |
| Organization | Position | Status |
|---|---|---|
| Quality Distribution, Inc. | Director of Qdi | Current |
| Noranda Aluminum, Inc | Board of Directors | Current |
| BlueLinx Holdings Inc. | Board of Directors | Current |
| Quality Distribution, Inc. | Board of Directors | Current |
| Noranda Aluminum Holding Corporation | Board of Directors | Current |
| Multimax Inc. | Director | Current |
| Anchor Glass Container Corporation | Board of Directors | Former |
Charles H. (Chuck) McElrea served as our Chief Executive Officer from May 2004 until his retirement from that position in October 2005, and has served as a member of our Board since May 2004. Prior to that time, Mr. McElrea worked at Georgia-Pacific for 26 years, most recently as President of the Distribution Division for four years and as Vice President of Finance, Information Technology and Strategy of Containerboard and Packaging for one year. Mr. McElrea held several other senior management positions including Vice President of Distribution Division Integrated Business Systems, Vice President of Packaging Division Business Planning & Logistics, Vice President of Pulp & Paper Logistics, Vice President of Purchasing and Vice President of the Bleached Board Division. He also held company positions in both manufacturing and finance/accounting. Mr. McElrea received a Bachelor’s degree in Business from California Polytechnic State University in 1977.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Board of Directors | Current |
| BlueLinx Holdings Inc. | Chief Executive Officer | Former |
| Georgia-Pacific Corporation | President | Former |
| Georgia-Pacific Corporation | Vice President of Finance | Former |
| California Polytechnic State University | Bachelor's Degree In Business | Former |
| Organization | Position | Status |
|---|---|---|
| NewPage Corporation | CEO | Current |
| Frank Parsons Paper Company, Inc. | Chairman and Chief Executive Officer | Current |
| NewPage Corporation | Chairman | Current |
| United Rentals, Inc. | Board of Directors | Current |
| BlueLinx Holdings Inc. | Board of Directors | Current |
| Ballard Power Systems, Inc. | Board of Directors | Current |
| Louisiana-Pacific Corporation | chief executive officer | Former |
| International Paper Company | executive vice president of distribution | Former |
| Louisiana-Pacific Corporation | chairman | Former |
| International Paper Company | Director | Former |
| Washington State University | Ph.D. in Inorganic Chemistry | Former |
Richard B. Marchese has been a director of Quality Distribution since January 2004. Mr. Marchese served as Quality Distribution's interim Chief Financial Officer from September through November, 2004. Mr. Marchese served as Vice President Finance, Chief Financial Officer and Treasurer of Georgia Gulf Corporation from 1989 until his retirement at the end of 2003. Prior to 1989, Mr. Marchese served as the Controller of Georgia Gulf Corporation and prior to that as the Controller of the Resins Division of Georgia Pacific Corporation. Mr. Marchese is a director of Nalco Holding Company and BlueLinx Holdings, Inc.
| Organization | Position | Status |
|---|---|---|
| Quality Distribution, Inc. | Director of Qdi | Current |
| BlueLinx Holdings Inc. | Board of Directors | Current |
| Nalco Co. | Director | Current |
| Metalworking Fluids | Director | Current |
| Nalco Holding Company | Director | Current |
| Georgia Gulf Corporation | Chief Financial Officer | Former |
| Georgia Gulf Corporation | Vice President Finance | Former |
| Georgia-Pacific Corporation | Controller | Former |
| The Pacific Corporation | Controller | Former |
| XCEL Corp. | Controller | Former |
| Georgia Gulf Corporation | Controller | Former |
| Metalworking Fluids | Member | Former |
| Nalfleet | Chairman | Former |
| XCEL Corp. | Treasurer | Former |
| Georgia Gulf Corporation | Treasurer | Former |
| Fairleigh Dickinson University | B.S. In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Compass Minerals International, Inc. | Chair | Current |
| Compass Minerals International, Inc. | Board of Directors | Current |
| BlueLinx Holdings Inc. | Board of Directors | Current |
| Distributed Energy Systems Corp. | Director | Current |
| Boc Limited | Regional Director | Former |
| The BOC Group plc | Director | Former |
M. Richard Warner has served as a member of our Board since March 2008. Mr. Warner is a consultant for Cerberus Capital Management, L.P., or Cerberus. Prior to his work with Cerberus, Mr. Warner was employed for more than 20 years in a variety of capacities at Temple-Inland Inc., most recently as a Senior Advisor during 2006, President from 2003 to 2005, Vice President & Chief Administrative Officer from 1999 to 2003 and Vice President & General Counsel from 1994 to 2002. Prior to joining Temple-Inland, Mr. Warner was a commercial lawyer in private practice. Mr. Warner currently serves on the boards of Balcones Resources Inc. and Hilco Receivables, LLC, a Cerberus portfolio company. Mr. Warner received his BBA degree, magna cum laude, from Baylor University and his Juris Doctor degree from Baylor University Law School. Cerberus is the indirect holder of a majority of the outstanding shares of our common stock.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cerberus Capital Management, L.P. | Managing Director | Current |
| BlueLinx Holdings Inc. | Board of Directors | Current |
| Cornerstone Equity Investors, LLC | Principal | Former |
| Brown University | Ab | Former |
Steven F. Mayer has served as a member of our Board since May 2004. He is a Managing Director of Cerberus Capital Management, L.P., or Cerberus. Prior to joining Cerberus in 2002 and since 2001, Mr. Mayer was an Executive Managing Director of Gores Technology Group. Prior to joining Gores, from 1996 to 2001, Mr. Mayer was a Managing Director of Libra Capital Partners, L.P. From 1994 until 1996, Mr. Mayer was a Managing Director of Aries Capital Group, LLC, a private equity investment firm that he co-founded. From 1992 until 1994, Mr. Mayer was a principal with Apollo Advisors, L.P. and Lion Advisors, L.P., affiliated private investment firms. Prior to that time, Mr. Mayer was an attorney with Sullivan & Cromwell. Mr. Mayer is a member of the boards of directors of LNR Property Holdings Corp., Decision One Corporation, Spyglass Entertainment Holdings, LLC, and Talecris Biotherapeutics Holdings Corp. Mr. Mayer received his A.B., cum laude, from Princeton University and his juris doctor degree, magna cum laude, from Harvard Law School. Cerberus is the indirect holder of a majority of the outstanding shares of our common stock.
| Organization | Position | Status |
|---|---|---|
| BlueLinx Holdings Inc. | Board of Directors | Current |
Executive News
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Doyle R. Simons of Temple-Inland Wins RISI's North American CEO of the Year Award
