Tanner Bolt & Nut eventually became known as “Tanner,” with offices, a warehouse, and a retail store in East New York, Brooklyn, and expansion in the NYC metropolitan area.
GMS Inc., a North American specialty building products distributor, has provided an update on the continued execution of its platform expansion strategy with its first entries in the New York City market.
These include the acquisition of Tanner Bolt and Nut, Inc. and the opening of a ceilings-focused greenfield location. In addition, GMS provided details on other recent openings of greenfield yards and AMES store locations.
“We are excited to announce our first entries in the New York City market with the acquisition of Tanner Bolt and Nut, Inc. and the expansion of our relationship with USG to supply ceiling products from a new greenfield location in Brooklyn,” said John C. Turner, Jr., president and CEO. “We are pleased to take this first step into such a significant market.”
Founded in 1979, Tanner Bolt and Nut, Inc., based in Brooklyn, NY, is a distributor of fasteners, tools, safety and related construction products to the broader New York City market. The acquisition of Tanner’s four metro area locations establishes GMS’s inaugural positioning with Complementary Product offerings in the New York Metro area.
Building on a 40+ year legacy in the market, President Jeffrey Tannenbaum and the Tanner team will continue to lead the business, under the Tanner brand name. Tanner will partner with the legacy GMS operations of Capitol Building Supply, Inc., a leader in specialty building products distribution in the Northeast, to serve customers across the region.
With Tanner’s focus on tools and fasteners, these additions, along with the establishment of several new greenfield yard locations and AMES stores over the last several months represent our continued commitment to the execution of our strategic priorities of platform expansion and Complementary Product growth,” added Turner.
GMS operates a network of approximately 300 distribution centers with extensive product offerings of wallboard, steel framing, and related products, including tool sales, providing a comprehensive selection of building products and solutions for its residential and commercial contractor customer base across the U.S. and Canada.
Filed Under: Fastener industry news