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Nagle Lumber, a nearly 100-year-old lumber company founded in Iowa City, has been bought by Aurora, Ill.-based Alexander Lumber.

The sale was announced in a Monday news release from Alexander, described as a 125-year-old company that has 20 locations in Illinois and southern Wisconsin.

Nagle was founded in 1922 and has been managed by Carlan Miller and Jeff Maske since 1994, the release stated. Nagle is a "leading supplier of lumber, windows, millwork, cabinets and decking to the Iowa City-area builders, contractors and landlords," the release said.

"Alexander Lumber has been looking for high-quality companies that will allow us to grow, while at the same time diversify our business outside of the Illinois economy that has been our traditional base of business," Russ Kathrein, president and CEO of Alexander Lumber, said in the release.

The Iowa City business now will operate under the Alexander Lumber name, the release said.

"We are excited about the opportunities that Alexander Lumber and their strategic vendor partners will bring to our employees and our customers," Maske said in the release. "The investment that Alexander Lumber is planning on making in our team, our equipment and future facilities will ensure that we remain the primary supplier to builders and project consumers in the Iowa City Market."

Maske will take on a new leadership role, the release said.

The current Nagle Lumber facility, located at 1201 S. Gilbert St. in the city's Riverfront Crossings District, was rezoned last year to a Riverfront Crossings designation that allows for higher density, mixed-use buildings.

While the city has not yet received final plans for redevelopment, preliminary plans submitted last year with the rezoning application show a collection of four buildings that could include a mix of commercial space and housing that overlooks the planned Riverfront Crossings park, developments that are common in the Riverfront Crossings District.

Kathrein said the company will eventually relocate the facility, adding that Alexander Lumber will need to "evaluate our store and showroom strategy to determine where the best location(s) might be for our business."

Reach Andy Davis at 319-887-5404 or at aldavis@press-citizen.com, and follow him on Twitter as @BylineAndyDavis.

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