Meeks Lumber buying into Supply One site at Meyers
The buzz around town over the last few weeks has been confirmed.
Meeks, The Builder’s Choice, is buying into the Meyers site of the bankrupt Supply One, owner Bill Meeks said Monday, his first day back from a vacation.
The contract should close on the home improvement retailer’s 40th store this week, and a remodeling crew will visit the five-acre site that includes a 20,000-square-foot structure to carry out major plans.
The tentative opening date is April 1.
Meeks declined to disclose the terms of the sale and the El Dorado County Assessor’s office has no record of the contract.
“We hope to totally refurbish it, brighten it up and clean it up,” Meeks said.
The cost of the remodeling overhaul is unknown.
“(Supply One) had a pretty decent volume. We’d like to think we’d make it a nicer place to shop,” he said. “It probably fits our operation better because this store was probably (Supply One’s) smallest.”
In terms of inventory, Meeks views his stores as more of a lumber supplier than Supply One, which specialized in hardware.
Supply One moved out of its lease on 2970 U.S. Highway 50, after filing Chapter 11 in U.S. Bankruptcy Court in Reno on all nine stores last October. A skeleton crew had been overseeing the closure during the last few months.
Meeks and his branch manager Mike Willford expect to hire at least 35 employees. Some staffers will make a shift to the new Meyers location from the South Lake Tahoe store.
Talk of the home improvement center’s moving its South Shore store in town to protect the adjacent wetlands area fizzled out when Meeks said he discovered it wasn’t cost effective and he couldn’t find an appropriate structure.
“It’s difficult to find a large enough space in South Lake Tahoe that doesn’t impact other people,” the third-generation business owner said.
Meeks, The Builder’s Choice, has operated in the family since 1919.
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