Stine makes a deal with Cassity Jones
Stine Lumber, Louisiana’s largest family owned building material dealer, acquired the Bossier City, Louisiana assets of Cassity Jones Lumber.
We’re excited to locate in the Bossier/Shreveport region, a community we’ve been serving peripherally from our Natchitoches facility," said Dennis Stine, CEO of Sulpher, Louisiana-bases Stine Lumber.
The Cassity Jones Lumber Bossier City location at 5800 Commerce Drive became Stine Lumber on Jan.15. It is the12th Stine location in the state of Louisiana. It was also the only Cassity Jones Lumber location that was located outside of Texas.
“Our relationship with the Jones brothers goes back over 40 years,” Stine said. “Like them, we are a generational family-owned business and share the same company values as it relates to customers and employees.”
Financial terms of the deal were not revealed.
The executive team of Cassity Jones Lumber has strategically elected to focus the growth of the company in Texas, where it has five locations, with a sixth location in west Fort Worth to be opened next month.
Stine employs over 800 associates in 12 stores across the state of Louisiana and one store in Natchez, Mississippi.
“We were excited to reach an agreement with our long-term friends at Stine Lumber,” said John Jones, Chairman of the Board at Cassity Jones Lumber. “We know that the northwest Louisiana market will be served well with their building materials expertise and like-minded family values.”
Wendy Stine, president of Stine, explains that all Cassity Jones Bossier City employees have accepted jobs with Stine. There will be no interruption of service and customers may continue to interact with the same employees with whom they have built relationships, she said.
“Faith, Family and Community are three of our eight core values," Wendy Stine said. "We will honor these values while serving our new customers in the Bossier City/Shreveport area.”
Initial plans for the lumber yard include expanding product selection for the builder customer.
In addition to Bossier City, Stine Louisiana locations include Sulphur, Lake Charles, Iowa, DeRidder, Natchitoches, Pineville, Eunice, Jennings, Crowley, Broussard and Walker.
