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True Value LLC

Consumer Discretionary· Chicago, IL, US
LAYOFFS TRACKED
3
LAST EVENT
Dec 14, 2024
MARKET CAP
EMPLOYEES

True Value is a wholesaler and distributor of hardware, home improvement products, and related services to independent retailers and member-owned co-ops. It operates a network of independently owned hardware stores across the United States and internationally, supplying merchandise, marketing, and operational support.

Layoff timeline

3 EVENTS
Feb 7, 2025WARN notice
Westlake, OH
Dec 14, 2024WARN notice
North Pioneer Avenue Woodland, CA
Reported Aug 27, 2026Date not disclosedNews
Springfield, Oregon

The article reports that True Value is closing its regional hardware distribution center on Olympic Street in Springfield, resulting in nearly 200 workers being laid off as their work is shifted by parent company Do It Best to a Woodburn warehouse. The 520,000-square-foot single-story distribution facility, long owned by W.P. Carey Inc., will be vacated and adds to a growing roster of large vacant industrial properties in Lane County. The layoffs are part of recent closures alongside Bowtech and Pacific Headwear that triggered state WARN notices; Bowtech and Pacific Headwear moved jobs out of state while True Value’s work is being relocated within Oregon. The article frames these cuts in the context of decades-long manufacturing decline in the county and discusses challenges and opportunities for repurposing very large industrial sites.

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