84 Lumber Returning to Northeast Florida
Pennsylvania-based building materials wholesaler 84 Lumber Co. is returning to Northeast Florida after a four year absence, reports Jacksonville Business Journal. The Elkton, Fla. location will serve professional contractors and builders as well as DIY customers.
84 Lumber’s St. Augustine, Fla. location closed in January, 2011. Company President Maggie Hardy Magerko said in a released statement that an uptick in housing starts in the area has led to a renewed focus in Northeast Florida. “With a continuing upward trend in housing starts in the market we found it to be the right time to return,” she said.
Southeast Division Vice President Mark Ingersoll said that the company looks for “a sustained minimum of 2,000 housing starts in the county where the store is located” in order to open a new store. St. John’s County alone saw more than 2800 permits issued in 2014 and the five-county region saw 7,700, the Business Journal reports.
The Elkton location will employ 20 associates along with 10 more in a custom door shop planned for the future. A Grand Opening event is scheduled for Sept. 11 and 12.
Founded in 1956, 84 Lumber Company is the nation’s leading privately held building materials and services supplier to professional contractors and build-it-yourselfers, according to the company’s website. The company owns and operates more than 250 stores, plus component plants, door shops, installation centers and engineered wood product shops in 30 states.
Earlier this month, 84 Lumber was subpoenaed by Louisiana regulators who are calling into question how the company handled contracts following Hurricane Katrina.