Truckee-Tahoe expands with NVO Construction acquisition

TRUCKEE, CA — Truckee-Tahoe Lumber Company & Design Center has expanded into structural building components by acquiring NVO Construction Components: a Reno, Nevada-based floor and roof trusses manufacturer.

The transaction will be effective as of July 1, 2024, creating the Truckee-Tahoe Lumber Co. Truss and Component division.

“Our goal is to offer our framing customers the entire framing materials package,” said Truckee-Tahoe president and CEO Andrew Cross. “To accomplish this, TTL was committed to either building or acquiring a truss manufacturing facility. Once we saw the NVO operation and talked with our mutual customers, we were very excited about the opportunity to take on an operation that not only offers trusses but also manufactures additional prefabricated components that provide framers with a full array of products that complement our lumber offerings to meet their production goals.”

The acquisition includes a 75,000-sq. ft. manufacturing facility in the Stead area of Reno, equipped with state-of-the-art equipment that is driven by the leading component software and technology in the industry. Serving customers since 2021, NVO has provided building components for single-family and multifamily homes as well as commercial wood-frame construction.

Taylor Adams, CEO of the Economic Development Authority of Western Nevada, called the integration of the two companies “a real success story for our region.” He continued, “Bringing a 93-year-old local company together with a Reno-based manufacturing start-up is big news in any case but the fact that this combined company is serving the local market, supporting local causes, and providing great jobs for our residents is a tremendous win for all. Across the country, the building materials industry is experiencing rapid consolidation so it’s refreshing to see a Reno-based company growing and innovating while keeping the fruits of their labors right here in our community.”

In the 12 years since Cross took over leadership of TTL, the company has multiplied revenue tenfold, with annual revenue exceeding $100 million. According to Cross, TTL plans to continue to grow and expand the products offered currently by NVO. “We will continue to identify new opportunities to provide products that our framing customers want and need,” said Cross. “Innovation will be at the heart of our operation. We look forward to hearing from our customers and learning how to best serve them now and in the future.”
 

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Dakota Smith | Editorial Intern

Dakota Smith is an undergraduate student at New Jersey City University studying English and Creative Writing. He is a writer at heart, and a cook by trade. His career goal is to become an author. At Woodworking Network, Dakota is an editorial intern, ready to dive into the world of woods and words.