Foxworth-Galbraith closes two yards
Foxworth-Galbraith, the four-state chain of lumberyards and truss plants, has closed a store in Grand Junction, Colo., and a truss plant in Delta, Colo., according to an article in the Grand Junction Sentinel. The company blamed the economic slowdown and record low housing starts for the closures.
According to its Web site, the Dallas-based pro dealer still has four remaining locations in Colorado: Woodland Park, Western Slope, Colorado Springs and Pueblo. Foxworth-Galbraith also operates units in Arizona, southern New Mexico and Texas.
Housing starts in some areas of Colorado have hit 25-year lows. Home sales in the Denver metro area in November 2008 were the worst on record.
84 Lumber pulled out of the Denver market earlier this month when it shuttered its yard and truss plant in Henderson, Colo. (Its one remaining Colorado location is in Grand Junction, where Foxworth is pulling out.) Other 84 Lumber closings reported on Jan. 11 were in Lafayette, Ind.; Stockertown, Pa.; Georgetown, Del.; Massillon, Ohio; McFarland, Wis.; Redmond, Ore.; and Savannah, Ga.