Farm & Home Hardware is branching out from Wellington after 57 years in business with the purchase of another family owned store in Ashland.
The acquisition of Home True Value Hardware, 140 Center St., Ashland, became official Nov. 1.
Wellington store general manager Laurie Hammersmith said signage for the new location indicating the name change is being constructed and should go up in the coming weeks.
“The opportunity became available and we felt the next step in growth for us was to acquire another store,” she said. “With the processes we’ve put in place here in Wellington, we thought we were ready to take on a new challenge. This new store is very similar to us in terms of customer base.”
A remodel of the Ashland store is planned for January. Proposed changes include the introduction of a garden center similar to Wellington’s as well as the expansion of furniture and appliance departments.
Hammersmith said talks regarding the purchase began to come to fruition in August.
“We went and visited in March but things really got rolling in the summer,” she said. “We’re trying to get all of this done leading up to Christmas and it’s been really tough to get everything done this time of the year.”
There are no current plans to develop 22 acres of land on Rt. 58 in Wellington that Farm & Home purchased in 2015.
“We’re just concentrating on the Ashland store and the continued success of what we already have in Wellington,” said Hammersmith. “We just brought a bunch of new sporting good items in to Wellington so our focus isn’t going away from here.”
Jonathan Delozier can be reached at 440-647-3171 or @DelozierNews on Twitter.