Foxworth-Galbraith Lumber Co., the Dallas-based dealer with 46 locations in four southwestern states, is closing two operations on Colorado's Western Slope: its truss plant in Delta and yard in Grand Junction.
"The closings are a result of the U.S. and Colorado economic slowdown accompanied by new home construction falling to record lows," the company said in a news release.
About 27 employees are affected by the decision. Foxworth-Galbraith said all employees will be offered severance packages, with a few workers being absorbed into other operations.
"This is a painful decision for us," Jimmy Galbraith III, company president, said in the press release. "The economics of the situation have become untenable."
The dealer's other Colorado operations are in Colorado Springs, Pueblo, and Woodland Park. Foxworth-Galbraith also maintains facilities in Texas, Arizona, and New Mexico.
Foxworth-Galbraith ranked eights in the 2008 ProSales 100 with total 2007 sales of $540 million. Nearly a year ago, the company had 69 locations.