Lakewood Ranch builder acquires truss company in response to supply delays

The acquisition of HITEK by Neal Communities was made official in February.

  • By Business Observer Staff
  • | 12:57 p.m. March 24, 2022
  • | 0 Free Articles Remaining!
Courtesy. Instead of waiting for supply chain issues to resolve, Neal Communities is doing something about it through its acquisition of truss supplier HITEK.
Courtesy. Instead of waiting for supply chain issues to resolve, Neal Communities is doing something about it through its acquisition of truss supplier HITEK.
  • Manatee-Sarasota
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LAKEWOOD RANCH — As homebuilders continue to grapple with supply chain delays, Neal Communities is doing something about it. 

The private Lakewood Ranch-based homebuilder recently acquired truss company HITEK, which is based in Brooksville, a city north of Tampa. Financial terms of the deal weren't disclosed. 

 

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