Monday, November 02, 2020
TWP Enterprises, Inc. (TW Perry) Announces Agreement to Purchase Peoples Supply Co. Inc.
November 2, 2020
TWP Enterprises, Inc. (“TW Perry”), a leading privately-held, veteran-owned building materials dealer announced today the purchase of Peoples Supply Co., Inc. (“PSC”) based in Hyattsville, Maryland.
Founded in 1932, PSC serves the Prince George’s County, MD, Washington, DC and surrounding areas with a contractor yard and retail store located in Hyattsville, Maryland. PSC is a leading provider of lumber, building materials and other quality products and expands TW Perry presence in the surrounding market.
The current management team of PSC will continue to manage the day-to-day operations of the location. “We are very pleased to welcome the employees of PSC to the TW Perry family,” said Gary Bowman, CEO of TW Perry. “The PSC team possesses an entrepreneurial culture similar to TW Perry that will provide superior customer service to Custom Homebuilders, Remodelers, and Deck Builders in the region. We’re excited to expand our operations in Prince Georges County, Maryland, a vibrant and growing community in the eastern suburbs of DC.”
With the addition of PSC, TW Perry is the largest independent regional building materials company serving Maryland, DC, Northern Virginia and surrounding areas with 6 retail stores; a design studio; a custom millwork operation; and a truss manufacturing facility.