REPORT: Meek’s Lumber downsizing in Missouri
Meek’s Lumber, a division of American Construction Source, is closing 6 locations in Missouri.
Less than 2 months ago, Meek’s was the flagship pro dealer acquired by the newly formed American Construction Source (ACS) – an LBM holding company formed by the private investment firms of Angeles Equity Partners and Clearwater Capital Group.
A week later, ACS acquired Edwards Building Center and Breckenridge Building Center – both based in Colorado.
But in what is being called a consolidation move, Meek’s will shutter locations in Springfield, Poplar Bluff, Doniphan, St. Robert, Mountain Grove, and Greenfield, according to a report by the Springfield News-Leader. The closings are expected to take place as early as Nov. 12.
In a statement issued by ACS, the company said the decision to close the stores was "a data-driven business decision after careful analysis and consultation with the Meek family.”
Prior to the closings, Meek’s operated more than 50 locations in Missouri, California, Arkansas, and Nevada. The pro dealer will continue to operate 24 locations in Missouri with the locations scheduled for closing already pulled from a store list on Meek’s website.
Less than 2 months ago, Meek’s was the flagship pro dealer acquired by the newly formed American Construction Source (ACS) – an LBM holding company formed by the private investment firms of Angeles Equity Partners and Clearwater Capital Group.
A week later, ACS acquired Edwards Building Center and Breckenridge Building Center – both based in Colorado.
But in what is being called a consolidation move, Meek’s will shutter locations in Springfield, Poplar Bluff, Doniphan, St. Robert, Mountain Grove, and Greenfield, according to a report by the Springfield News-Leader. The closings are expected to take place as early as Nov. 12.In a statement issued by ACS, the company said the decision to close the stores was "a data-driven business decision after careful analysis and consultation with the Meek family.”
Prior to the closings, Meek’s operated more than 50 locations in Missouri, California, Arkansas, and Nevada. The pro dealer will continue to operate 24 locations in Missouri with the locations scheduled for closing already pulled from a store list on Meek’s website.