LANGLEY, B.C. - Hardwoods Distribution Inc. (TSX:HWD) has reached an agreement to purchase the assets of Frank Paxton Lumber Co., a U.S.-based lumber provider, for US$ 13 million.The distributor of hardwood and lumber products, based in Langley, B.C., said the acquisition of the Frank Paxton is expected to bring in $ 45 million in new annual … [Read more...]