MacBeath Hardwood Co. has completed an asset purchase of World Timbers Inc, doing business as Woodworkers Source, based in Scottsdale, Ariz.
Woodworkers Source has three retail locations in Phoenix, Tempe and Tucson, Ariz.
“I am pleased to pass on to MacBeath a company centered on providing hardwoods to the retail woodworking community and a strong presence in emerging internet marketing and distribution,” Keith Stephens, founder of Woodworkers Source, said in a statement. “Thanks to all who helped, over the past 40 years, develop Woodworkers Source.”
“The Arizona market has always intrigued us,” added Jonathan MacBeath, president and CEO of MacBeath Hardwood. “These guys at Woodworkers know lumber, and it shows in their unparalleled knowledge of the product.”