BMC Increases Commitment with Wells Fargo to $110 Million

BOISE, ID—BMC, one of the nation’s leading providers of building materials and construction services, today announced that it has expanded its revolving line of credit to $110 million with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC).  The expanded facility will provide the company greater financial flexibility to take advantage of opportunities in the market, with additional funds available as needed to support its growth.  The amendment extends BMC’s existing credit facility from $75 million to $110 million and includes a revolving accordion feature that allows BMC to borrow up to an additional $15 million. 

“This expanded credit facility provides BMC the financial flexibility to execute on our key initiatives and remain competitive in the marketplace,” said Danny McQuary, chief financial officer of BMC. “We appreciate Wells Fargo Capital Finance’s continued support as we continue to position BMC for long-term growth and profitability.  We believe that BMC is well positioned to capitalize on emerging industry trends, and we are committed to delivering the products and services that our customers want and need.”