US LBM TO ACQUIRE FOXWORTH-GALBRAITH LUMBER COMPANY
PLANO, Texas, July 8, 2022 /PRNewswire/ -- US LBM, a leading distributor of specialty building materials in the United States, announced today that it 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.
- PLANO, Texas, July 8, 2022 /PRNewswire/ --US LBM, a leading distributor of specialty building materials in the United States, announced today that it 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.
- Galbraith, the company today operates 28 locations across Arizona, Colorado, New Mexico and Texas under the Foxworth-Galbraith banner and two locations in Oklahoma under the Forest Lumber brand.
- US LBM is the largest privately owned full-line distributor of specialty building materials in the United States.