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Foxworth-Galbraith Lumber history
Foxworth-Galbraith Lumber company history timeline
The Foxworth and Galbraith families founded our company in 1901.
In 1919 Foxworth-Galbraith began operations in Mesa and Tucson, Arizona.
The company’s bleakest period began in October, 1929, when the stock market crashed triggering the beginning of a ten year economic slump.
In November 1931, W.L. Foxworth, H.W. Galbraith, and J.C. Galbraith sent a cautious memo to all members of the organizations summarizing the company’s challenging economic situation and providing a road map for survival.
Recovery from the Depression was slow and steady under the leadership of W.L. Foxworth, who became president of the company in 1936, with the passing of one of the original founders, H.W. Galbraith.
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By the time Lucas and his family moved here in 1958, that number had grown to 5,600.
In 1985, Foxworth-Galbraith expanded into Central Texas.
In 1997, Foxworth recruited Lucas, and he spent the next year and a half in manager training before taking his first position at its Silver City store.
In 1999, Brookhart’s was purchased to boost annual sales by nearly $80 million and give the company a presence in Colorado.
DEMING – The year was 2006, the great recession was just beginning, and the construction industry took the first major hit.
In 2006, Foxworth-Galbraith experienced their greatest year with revenue of almost $1 billion and ranking in the top 10 of largest professional dealers in the United States.
Of course, the local building boom didn’t last, and, according to Lucas, by 2009 the construction business was “a train wreck.
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Foxworth-Galbraith Lumber competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Buck Lumber | 1975 | $14.8M | 50 | 1 |
| Saturn Acquisition Holdings LLC | - | $3.1B | 9,070 | - |
| The Truss Company | 1985 | $23.3M | 100 | - |
| ProBuild | 1997 | $3.6B | 9,223 | - |
| Carter Lumber | - | $106.8M | 1,210 | 512 |
| Building Material Distributors | 1943 | $171.0M | 200 | - |
| Huttig Building Products | 1885 | $812.0M | 1,100 | - |
| Richco Structures | 1848 | $2.8M | 52 | - |
| Meek's Lumber & Hardware | 1919 | - | 270 | 1 |
| Stark Truss | 1963 | $140.0M | 600 | 3 |
Foxworth-Galbraith Lumber history FAQs
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Foxworth-Galbraith Lumber may also be known as or be related to Foxworth-Galbraith Lumber and Foxworth-Galbraith Lumber Co.