CALGARY, ALBERTA--(Marketwire - Feb. 15, 2011) - PFB Corporation (TSX:PFB)reports that it has closed the transaction, the intention of which was previously announced on November 9, 2010, to acquire Precision Craft Homes (Precision Craft) located in Boise, Idaho, USA. The acquisition has an effective date of February 1, 2011. Jim Young, President of Precision Craft, will be the Chief Operating Officer of the operating subsidiaries formed by the transaction.

PFB Corporation is listed for trading on the Toronto Stock Exchange, symbol PFB.