SBS to close Eagle River location
Spenard Builders Supply is closing two stores in Alaska, including its location in Eagle River.
The company announced the news Thursday and cited “Alaska’s challenging economic climate.” The Eagle River store will close Friday, March 20.
The closure will impact 19 employees in Eagle River, though the company said it would try to transfer them to other locations within the company if possible.
We are trying to do what is right for our employees by giving them as many options as possible,” SBS president Ed Waite said in a statement. “We have a good team at both of those locations who did everything in their power to make us successful. I want to thank our great teammates in Seward and Eagle River for their efforts and dedication, and I look forward to having them find other opportunities within SBS.”
Founded in 1952, the company employees about 600 people at 21 locations across the state.
The Eagle River location opened in 1985, according to a company spokesperson.