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Arnold Laver, the Sheffield-based timber supplier with 800 staff in 16 branches, has undergone a management buy-in.
Arnold Laver is to invest £3m in a new building materials depot on the site of the Hebburn Shipyard on South Tyneside, with the creation of 40 jobs.
Arnold Laver has awarded a £5.7m contract to Thyssen to build a new saw mill and production unit at Holbrook, Derbyshire.
Arnold Laver is planning to reorganise its Sheffield-based timber business at a cost of £12m, which will include the development of a new £7m production site in Halfway, creating 76 jobs, and a £3.5m group head office at Bramall Lane.
Arnold Laver is planning to transform the recently-acquired Britannic Timber business in Manchester into a Timber World centre in a redevelopment of the 5-acre site.
Arnold Laver is planning to set up a national production and distribution centre for its timber business in Sheffield, with the creation of 65 new jobs, while its existing site in Heeley will be used for a B&Q Warehouse.