US LBM to acquire Foxworth-Galbraith Lumber.

US LBM, a distributor of specialty building materials, agreed to acquire Foxworth-Galbraith Lumber, a building products supplier. Financial terms were not disclosed. "Over the past 120 years, the Foxworth and Galbraith families and generations of associates have built one of the most widely respected and successful building materials distributors in the industry, and we are proud that they will be joining US LBM. The addition of Foxworth-Galbraith augments our already robust network in the Southwest, expands US LBM's reach and reinforces our strong position in several key housing markets, including the growing Dallas-Fort Worth and Phoenix metro areas," L.T. Gibson, US LBM President and CEO.