The Paskenta Band of Nomlaki Indians announced the purchase of the most popular modular barn brands, MD Barns and Barnmaster. The Tribe plans to combine the strengths and attributes of both nationally respected brands under the name "MDBarnmaster."
"We've acquired the assets of a company with a 30-year proven track record of designing and building high quality barns and structures," said Bruce Thomas, Chief Executive Officer. "Rather than manufacturing and marketing two separate, competing brands, we're merging MD Barns and Barnmaster under one umbrella brand; MDBarnmaster. The concept is to showcase two different models of one product line. The models will appeal to a broader nationwide market, and standardizing the products and marketing as one company will allow us to operate more efficiently and market more aggressively. Before the recent housing crisis, MD Barns and Barnmaster reported impressive annual earnings, and Thomas expects MDBarnmaster to do as well in the future under the Tribe's ownership.
The Tribe owns several successful businesses in the general contracting, environmental services, waste management, real estate investment and architectural design industries. The Tribe also owns and operates the popular Rolling Hills Casino and resort in Northern California, which includes two hotels, three restaurants, an 18-hole golf course, event center and travel center. "MDBarnmaster will complement our other business ventures, and we can utilize our existing resources to strengthen this company," said John Crosby, Director of Economic Development for the Tribe.
MD Barnmaster has 150,000 customers worldwide with projects ranging from one-stall horse barns on family farms to the 1,000 stall equine facility at the Bay Meadows Racetrack in San Mateo. In addition to barns, MDBarnmaster designs and builds commercial storage buildings, agricultural buildings, garages, corrals and other modular structures.
Thomas, himself a horseman, is as enthusiastic about the quality of MDBarnmaster barns as he is about the Company's earning potential for the Tribe. "These barns come with huge benefits," said Thomas. "They are cost-effective to construct, good-looking, easy to maintain, and built to withstand snow, heavy winds, fire, earthquakes, and kicking horses. The company has an exceptional reputation for quality and customer service. I am confident that MDBarnmaster will be a successful acquisition for the Tribe because of the benefits these barns offer."
For more information about MDBarnmaster visit www.mdbarnmaster.com or call 800-343-BARN.