Wolseley plc, Reading, England, said that falling lumber and structural panel prices have led to the decision to close an additional 24 branches of Stock Building Supply, Raleigh, NC, reducing headcount by 370, primarily in the Midwest.

Also, Wolseley announced that Wolseley Canada, Burlington, ON, will be integrated into Ferguson (Newport News, VA) effective Aug. 1, operating within the same business group structure which focuses on specific customer types.