Hardware Retailing The Industry's Source for Insights and Information
R.P. Lumber Co., recently announced the acquisition of Dye Home Improvement, a hardware store and lumberyard brand with locations in Monticello and Monon, Indiana.
“I was somewhat familiar with R.P. Lumber before talks of an acquisition began,” says Art Dragoo, owner of Dye Home Improvement. “Once we started conversations with their leadership team, we quickly understood their vision—not only to expand their footprint, but also to preserve jobs and continue serving customers in a fair and honest manner. They showed genuine concern for our customers, employees and vendor partners, which made this decision an easy one for me and my family.”
The transaction is set to close on Oct. 10, 2025. These stores will become R.P. Lumber’s 91st and 92nd locations and first stores in Indiana.
“Within 10 minutes of meeting Art and walking into the first store, I knew our teams and business models would be great fits,” says Jason Plummer, president of R.P. Lumber. “Art is an honest and decent man, so the process was straightforward, collaborative and will be a true win-win for all parties. We saw not only a chance to grow our business, but also to serve two vibrant communities with the same care and attention they have experienced from Dye Home Improvement for generations.”
