Gold Beach Lumber announced plans to purchase the business assets and real estate of Dazey’s Hubbards in Medford, Oregon. The acquisition is expected to be completed by the end of the year and marks Gold Beach Lumber’s third acquisition this year. After the acquisition, Gold Beach Lumber will operate 10 locations across Oregon.

“We appreciate the chance to enter the Medford market,” says Ryan Ringer, president of Gold Beach Lumber. “The Hubbard location is a strong store with a solid team. We look forward to adding inventory right away and giving customers a broader range of products and support.”

This expansion will give Gold Beach Lumber a stronger presence in southern Oregon and build on the company’s long history of serving both contractors and homeowners across the region. Normal operations will continue until the sale is completed in December.

“We want to thank the Rogue Valley community for its support over the years,” says Darren Tomasini, president of Dazey’s Supply. “We are glad to be working with a company like Gold Beach Lumber with such a long and steady track record in Oregon.”

Source: hardwareretailing.com