A new building supply company has been launched to help owners of steel, aluminum, concrete, steel-reinforced concrete and other building materials get more of their building materials to market.
The company, Woodland Solutions, aims to help buyers buy and sell their building supply at lower prices than competitors and lower risks, according to its website.
The Woodland Solution, which is based in Portland, Oregon, will be based in New York, said Matt Fisk, Woodlawn’s founder and chief executive officer.
It will focus on building materials and construction services and its customers will include large companies and private equity firms.
It has about 80 people working in New Jersey, Florida and California, he said.
The New York company’s new website includes a link to an investor call for investors, a video that explains Woodlarks new product line and a page with information about the Woodland’s partnership with the U.S. Department of Agriculture, Fisk said.
It’s unclear when Woodlands products will be available for sale in the U, Canada, the U-K.
and Australia, he added.
Fisk expects to raise $100 million in a Series A round.
The U.K.-based company is known for its high-end concrete-reforming products and its Woodland Group, a New York-based company with about $6 billion in annual revenue, operates in some of the biggest cities in the world.
It recently announced plans to buy a 50 percent stake in a new cement-reform firm based in Los Angeles.
Fitch has said Woodland will eventually sell its cement-forming business to an independent company, but that is not expected until 2021.
Woodland said it expects to use the investment in the new cement company to focus on improving its supply chain, including the Woodlady building-supply business, which it acquired in 2016.
Fink has said his company will use the money to build a new supply chain in the concrete industry.
The firm said its product lines will include steel-bearing concrete, cement-bearing cement, concrete-containing concrete and concrete-based cement.
The new company will be in a “gold rush” for building materials, Fink said.
Woodlowers chief executive Michael J. Miller said in a statement that the Woodlands partnership with USDA will “help Woodland achieve its mission of helping our industry, our customers and our investors by expanding the supply chain and building upon our existing and future supply chain.”
The USDA said in an email that it looks forward to working with Woodlows products and will help improve supply chains in the coming years.
The agency added that Woodland and its supply-chain partners are committed to working to reduce the risk of supply chain disruptions and make it easier for all stakeholders to achieve optimal supply chains.