Stone Group of Companies

What Stone Group of Companies does

Stone Group of Companies is a privately held diversified holding company founded in 1954 in Spokane, Washington, and led by CEO Larry Stone under continuous family ownership. The group operates across four interlocking verticals: steel framing manufacturing (SCAFCO Steel Stud Company and Steel Construction Systems), building materials distribution (CWallA and Kern Building Materials), commercial and industrial real estate (LB Stone Properties Group, Playfair Commerce Park, and Spokane Falls Tower), and historically grain storage systems (SCAFCO Grain Systems, divested to Sioux Steel in 2022). The company has stated it has "never been bought or sold" in its approximately seventy-year history and today employs more than 400 people across 24 businesses and branches nationwide, with geographic presence in the Pacific Northwest, California, and the southeastern United States.

The business generates revenue through three primary streams: manufacturing sales of light-gauge steel framing products to commercial and residential construction customers, wholesale distribution of building materials to contractors and builders through the CWallA and Kern networks, and recurring rental and property management income from the LB Stone Properties real estate portfolio. Go-to-market is executed through subsidiary-level direct sales teams and distributor/wholesale channels, with no public pricing disclosure. The model is purely B2B and horizontally diversified across construction value-chain participants, with no consumer-facing products and no disclosed software, technology platform, or AI capability.

Strategically, Stone Group has pursued a measured roll-up strategy, completing three add-on acquisitions between 2016 and 2017 (CWallA, Steel Construction Systems, and Kern Building Materials) that extended its distribution footprint from a Spokane/Pacific Northwest base into California and Florida. The 2022 sale of SCAFCO Grain Systems to Sioux Steel marks the most recent portfolio action and signals a refocusing toward core steel framing, distribution, and real estate. The company is currently private with no institutional investor or PE ownership indicated, no public revenue disclosure, no funding rounds, and no leadership changes documented beyond the long-standing CEO role.

Name

Stone Group of Companies

Legal name

Stone Group of Companies

Website

https://stonegco.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

251–500 employees

Short description

Stone Group of Companies is a privately held diversified holding company founded in 1954 in Spokane, Washington, operating steel framing manufacturing, building materials distribution, and commercial/industrial real estate across 24 businesses and branches nationwide serving construction and real estate customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Manufacturing Revenue: Revenue generated from manufacturing steel framing products (SCAFCO Steel Stud Company) and related construction materials
2. Distribution Revenue: Revenue from building materials distribution through CWallA and Kern Building Materials subsidiaries
3. Property Management and Development: Revenue from industrial and commercial real estate through LB Stone Properties Group and Playfair Commerce Park, including property management services

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Stone Group of Companies is a diversified holding company that manufactures light-gauge steel framing products through SCAFCO Steel Stud Company, distributes building materials through CWallA and Kern Building Materials, and develops and manages industrial and commercial real estate through LB Stone Properties Group, Playfair Commerce Park, and Spokane Falls Tower. The portfolio serves construction companies, contractors, builders, and commercial/industrial tenants across the United States.

Product overview

The Stone Group of Companies is a diversified holding company operating across manufacturing, distribution, real estate development, and property management. The portfolio includes SCAFCO Steel Stud Company (steel framing products), CWallA and Kern Building Materials (building materials distribution), LB Stone Properties Group (industrial/commercial real estate), Steel Construction Systems (Florida-based steel products), Playfair Commerce Park (commercial development), and Spokane Falls Tower (commercial property). Formerly included SCAFCO Grain Systems Company (sold 2022). The companies operate independently under unified corporate leadership with over 400 employees across 24 businesses and branches nationwide.

Differentiator

Problem solved

Functional benefit

Brands

• SCAFCO Steel Stud Company: Steel framing products manufacturer
• CWallA
• LB Stone Properties Group
• Steel Construction Systems
• Spokane Falls Tower
• Playfair Commerce Park

Products and services

• SCAFCO Steel Stud Company Manufactures light-gauge steel framing products for commercial and residential construction applications, serving the building and construction markets.
• CWallA Building materials distribution company providing construction products to contractors and building professionals across its regional footprint.
• LB Stone Properties Group Industrial and commercial real estate development and property management company serving tenants in the Pacific Northwest market.
• Steel Construction Systems Florida-based steel construction products company supplying the southeastern United States market with steel construction systems for builders and contractors.
• Playfair Commerce Park Mixed-use commerce park development on the former Playfair racetrack site in Spokane, Washington, providing commercial real estate space.
• Spokane Falls Tower Commercial property in Spokane, Washington, operated as part of the Stone Group's real estate portfolio.
• Kern Building Materials California-based building materials distribution company supplying construction materials to contractors and builders across its regional market.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Sioux SteelminorOthers · 1 January 2022In 2022, Stone Group sold SCAFCO Grain Systems Co. to Sioux Steel, marking the divestiture of the grain storage systems business unit.

Scale indicators5 records

Recent moves13 records

Expansion highlights4 records

Direct peers

• ClarkDietrich Building Systems: Largest North American manufacturer of cold-formed steel framing products. Directly comparable to SCAFCO Steel Stud Company in product line, customer base, and go-to-market model.
• Marino\WARE: Manufacturer of steel framing, drywall, and metal lath products serving commercial and residential contractors. Closely comparable to SCAFCO Steel Stud's product offering and customer segment.
• CEMCO: Manufacturer of cold-formed steel framing including studs, track, joists, and accessories. Directly competes with SCAFCO Steel Stud in the steel framing category.
• Telling Industries: Manufacturer of steel framing, metal lath, and accessories serving residential and commercial construction. Directly comparable to SCAFCO Steel Stud's product portfolio and customer base.
• ABC Supply Co. Largest wholesale distributor of roofing, siding, and building materials in North America serving professional contractors. Comparable to CWallA and Kern Building Materials in B2B building products distribution.
• Foundation Building Materials: Specialty distributor of insulation, gypsum, steel framing, and accessories serving contractors. Directly comparable to CWallA and Kern Building Materials in distribution model and customer base.
• White Cap (formerly HD Supply Construction Solutions): National distributor of construction supplies and tools to professional contractors. Comparable to CWallA and Kern Building Materials in serving contractor customers with building products.
• Lansing Trade Group: Distributor of building products and agricultural inputs across multiple U.S. regions. Comparable to CWallA and Kern Building Materials in B2B physical distribution model.

Broad incumbents

• Worthington Industries: Diversified steel processing and manufactured products company with multiple operating businesses. Compares to Stone Group's diversified operating model across steel-related businesses, though larger and publicly traded.
• Reliance Steel & Aluminum: Diversified metals service center company with broad product distribution. Comparable to Stone Group's diversified industrial model, particularly the metal products manufacturing and distribution components.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/stonegco

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stone Group of Companies