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Woodworking Industry News

US LBM to acquire Foxworth-Galbraith Lumber Company

PLANO, Texas, US LBM, a distributor of specialty building materials has reached a definitive agreement to acquire Texas-based Foxworth-Galbraith Lumber Company, a prominent building products supplier to building professionals and homeowners in the Southwest. Upon completion of the acquisition, US LBM will operate 80 locations in Texas, 13 in Arizona, nine in New Mexico, five in Colorado and four in Oklahoma. Details of the acquisition were not released.

Woodworking Industry News

Ashley Furniture names new chief sales officer

ARCADIA, Wis. – Kerry Lebensburger has been promoted to North American Chief Sales Officer for Ashley’s Primary Channel of Business in the United States and Canada. He replaces Rick Coppola who resigned from his role as president of sales for the United States and Canada.After more than 15 years with Ashley Furniture Industries LLC,

Woodworking Industry News

United Furniture to lay off 300

TUPELO, Miss. -- United Furniture Industries Inc. is reportedly laying off about 300 workers in Mississippi and North Carolina. United, which is privately held and operates under the Lane Home Furnishings brand, said that in the next two months it will close one production facility and transform two others exclusively for use as warehouse and distribution center space, according to a report in the Tupelo Daily Journal.