84 Lumber Shuffles Store Locations as Part of 2016 Plans
84 Lumber Company, the nation’s largest privately held supplier of lumber and building materials to professional contractors, announced in a press release this week that it will add a minimum of ten stores in 2016, and will also continue to expand its manufacturing programs for custom doors, engineered wood products, custom millwork, and components.
Over the past two years the company has re-opened four stores; Winder, Ga. (Atlanta,) Macedonia, Ohio (Cleveland,) and most recently St. Augustine, Fla. (August) and Savanah, Ga, (September) as housing starts in those markets have continued to grow. St. Augustine and Savanah also feature new 84 Door Shops as well as Kitchen and Bath Design Studios.
The West Virginia State Journal reported that three stores in the state had been closed this week. The stores in Belle, Ripley and Mineral Wells closed on Tuesday. Eighteen employees from the three stores will be offered positions at other 84 Lumber locations.
“As we embark on this expansion and growth we will consolidate eight stores into existing stores strengthening our presence in those markets as well,” said 84 Lumber President and Owner Maggie Hardy Magerko in the press release. “By doing this we can better use our resources—money, people, inventory—to invest into these new strategically important markets.”
Other stores to close include Maysville, Hazard and Bardstown, Ky., and Somerset, Penn.
Hardy Magerko said expansion plans for 2016 target several high growth markets including, Long Island, N.Y., West Palm Beach, Fla., Denver, Colo., Stockton, Calif., Los Angeles, and Raleigh, N.C.
The company also plans to open an Engineered Wood Products center and door shop in Raleigh and a truss and panel plant in Indianapolis.