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CAMERON ASHLEY SIGNS LETTER OF INTENT TO ACQUIRE GEORGIA COMPANY; OPENS ST. AUGUSTINE BRANCH.


DALLAS, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation).
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl.
, March 17, 1995--(BUSINESS WIRE)--Cameron Ashley Inc. (Nasdaq:CMSH CMSH Center for Marital and Sexual Health ) announced today that it has signed a letter of intent to acquire the assets of the wholesale division of Blair The Division of Blair is an Australian Electoral Division in Queensland. The division was created in 1998 and is named for Harold Blair, an Aboriginal singer and civil rights campaigner.  Awning & Siding, Inc., known as Blair Siding Supply, of Macon, Georgia, representing the initial entry of its Ashley Aluminum subsidiary into the Georgia market. Terms of the transaction were not disclosed. The Company also reported that Ashley Aluminum has opened a branch in St. Augustine, Florida Parameter not given Error...
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 to service the St. Augustine and Palatka areas.

Blair Siding's 1994 annual sales were approximately $600,000, and its primary product line is Bird vinyl products. The new branch will offer primarily patio enclosure, aluminum and vinyl siding Wikipedia is not the place for advertisement or self-advertising. Vinyl siding, first introduced to the exterior cladding market in the late 1950s, is an alternative to aluminum siding, fiber cement siding, and timber siding. , and related products through 4,500 square feet of distribution capacity. The St. Augustine branch is expected to generate over $500,000 in annual sales.

Walter Muratori, President of Cameron Ashley, commented: "The acquisition of Blair Siding presents Ashley Aluminum with an excellent opportunity to integrate its patio product line into Blair Siding's Georgia markets. The opening of the St. Augustine branch provides Ashley Aluminum with additional distribution in the Jacksonville, Florida “Jacksonville” redirects here. For other uses, see Jacksonville (disambiguation).
Jacksonville is the largest city in the state of Florida and the county seat of Duval County.
 market."

Cameron Ashley Inc. is an emerging national distributor of a broad line of building products that are used principally in home improvement, remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure.

bone remodeling
 and repair work and in new residential construction. The Company distributes its products to independent building material dealers, professional builders, large contractors and mass merchandisers through a network of 80 branches located throughout the United States. Product lines include roofing, millwork, pool and patio enclosure materials, insulation, siding, steel products, industrial metals and a variety of other building materials.

CONTACT: John H. Bradberry

Chief Financial Officer

(214) 340-1996

OR

Morgen-Walke Associates

June Filingeri, (212) 850-5600

Ken Pieper (214) 663-9390

Media contact: Helen Spanakos

(212) 850-5600
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 17, 1995
Words:297
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