Saturday, April 20, 2024

Stine Lumber Expands Presence with Acquisition of Cassity Jones Lumber in Bossier City

by BIZ Magazine

Louisiana’s Largest Family-Owned Building Materials Dealer Continues Strategic Growth

BOSSIER CITY, LOUISIANA, JAN. 19, 2024 – Stine Lumber, Louisiana’s largest family-owned building materials dealer, has expanded its reach with the acquisition of Cassity Jones Lumber’s Bossier City location. Stine CEO Dennis Stine announced the acquisition, emphasizing the company’s commitment to serving the Bossier/Shreveport region.

The Bossier City assets of Cassity Jones Lumber, located at 5800 Commerce Dr., officially became Stine Lumber on Jan. 15. This marks the 12th Stine location in the state of Louisiana. Stine Lumber, based in Sulphur, has been a vital part of Louisiana’s building materials landscape, employing over 800 associates across its various locations.

“We’re excited to establish a more direct presence in the Bossier/Shreveport region, a community we’ve been serving peripherally from our Natchitoches facility,” said Stine. The acquisition aligns with Stine’s strategic vision, and it strengthens their ability to cater to the growing needs of the northwest Louisiana market.

Stine Lumber’s expansion is not just a business move; it reflects a continuation of a longstanding relationship. “Our relationship with the Jones brothers goes back over 40 years. Like them, we are a generational family-owned business and share the same company values as it relates to customers and employees,” Stine stated.

Cassity Jones Lumber’s executive team, led by Chairman John Jones, has strategically chosen to focus the company’s growth in Texas, where it currently has five locations, with a sixth in west Fort Worth opening next month. The sale to Stine Lumber involves the only Cassity Jones Lumber facility located outside of Texas.

“We were excited to reach an agreement with our long-term friends at Stine Lumber. We know that the northwest Louisiana market will be served well with their building materials expertise and like-minded family values,” said John Jones.

Wendy Stine, President of Stine, reassured that all Cassity Jones Bossier City employees have transitioned to Stine, ensuring continuity of service for existing customers. Stine emphasized their core values of “Faith, Family, and Community,” expressing their commitment to serving the new customers in the Bossier City/Shreveport area.

Initial plans for the Bossier City lumber yard include expanding the product selection for builder customers. Stine Lumber’s footprint in Louisiana already includes locations in Sulphur, Lake Charles, Iowa, DeRidder, Natchitoches, Pineville, Eunice, Jennings, Crowley, Broussard, and Walker.

About Stine: Stine began in Sulphur, La., in 1946 and has grown to 13 locations throughout Louisiana and Mississippi. The company has received several accolades, including the 2020 Company of the Year by the Louisiana Association of Business and Industry and the 2018 LBM Journal Entrepreneur of the Year Award. To learn more about Stine, visit stinehome.com/our-story.html.

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