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Stock Building Supply to Cut 2,200 Workers, Close 210 Stores

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Stock Building SupplyBankrupt construction supplier Stock Building Supply will cut 2,200 more workers, and cancel 210 lumberyard and showroom leases nationwide.

Stock Building Supply is a leading supplier of building materials and construction services to professional home builders and contractors in the US, with fiscal year 2008 sales of $3.5 billion.

Parent firm Wolseley is headquartered in Reading, England. It is an international business with nearly 5,000 branch operations in 27 countries worldwide, 74,000 employees, and annual revenue of more than $25 billion.

Stock Building Supply to Cut 2,200 Workers, Close 210 Stores by
Authored by: Harrison Barnes