Smith Phillips Building Supply, a Winston-Salem distributor of building materials, is closing its Elkin sales branch, The Business Journal of the Greater Triad reports.
The move will cut about five positions, the firm said. Some employees will have the opportunity to transfer to other Smith Phillips Building Supply locations.
“Consolidation of the facility has been a move to adjust infrastructure in light of continued market challenges in the housing industry and shifting housing demographics in the area,” the company said in a press release.
Smith Phillips said it will continue to serve Elkin and Surry County through its locations in Winston-Salem and Statesville.
The firm specializes in the distribution of millwork and wood products to the professional contracting industry.
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