SOURCE: Huttig Building Products, Inc.

Huttig Building Products, Inc.

June 15, 2015 17:30 ET

Huttig Announces the Sale of Southwest Roofing Branch

ST. LOUIS, MO--(Marketwired - June 15, 2015) - Huttig Building Products, Inc. ("Huttig") (NASDAQ: HBP) today announced the sale of its Southwest Roofing Supply branch located in Farmers Branch, Texas to Pacific Coast Supply, LLC headquartered in North Highlands, California.

The Southwest Roofing Supply location was the only branch within the Huttig branch network that focused on the sale of roofing shingles and supplies to the residential, storm-related roof repair and replacement segment. The location represented approximately 1.25% of Huttig's total revenue in 2014.

Jon Vrabely, President and CEO of Huttig, said, "The sale of the Southwest Roofing business completes our divestiture of non-strategic assets and fully positions Huttig to focus on our core competence of being the best wholesale distributor of value-add millwork and building products in the industry. I want to thank the employees of our Southwest Roofing operation for their contributions to Huttig and wish them the best in their future careers with Pacific Coast Supply."

Curt Gomes, President of Pacific Coast Supply, LLC underscored the value of this transaction from a geographical and personnel basis, "This acquisition fits our strategic goals of further expanding into this region of the country. We are very pleased to have acquired a company with the people and experience that Southwest offers."

About Huttig

Huttig, currently in its 130th year of business, is one of the largest domestic distributors of millwork, building materials and wood products used principally in new residential construction and in home improvement, remodeling and repair work. Huttig distributes its products through 27 distribution centers serving 41 states. Huttig's wholesale distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes.

About Pacific Coast Supply

Pacific Coast Supply, LLC is a subsidiary of Pacific Coast Building Products Inc. Pacific Coast Supply LLC operates 43 building material distribution centers in 12 states.

Forward-Looking Statements

This press release contains forward-looking information as defined by the United States Private Securities Litigation Reform Act of 1995. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. Factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking information, include but are not limited, to changes relating to future financial performance, future growth in the housing market, distribution channels, sales, favorable supplier relationships, inventory levels, the ability to meet customer needs, enhanced competitive posture, obligations with respect to environmental remediation, deterioration in our relationship with our unionized employees, including work stoppages or other disputes, and the financial impact of litigation or contingencies. Other important factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking information, include, but are not limited, to those detailed in Huttig's Annual Report on Form 10-K for the year ended December 31, 2014 filed with the Securities and Exchange Commission and in other reports filed by Huttig with the Securities and Exchange Commission from time to time.

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