84 Lumber reveals growth plans
84 Lumber announced Tuesday morning that it plans to open new facilities and make improvements to 54 existing locations to increase its market share by the end of 2023.
The privately-held prodealer and building materials supplier currently operates 310 facilities, including 234 stores, 14 component manufacturing plants, 28 engineered wood product centers (EWP), and 34 door shops.
New store openings include Stockton, Calif. along with Denver and Greeley, Colo. The company is also relocating existing stores to larger facilities in Morgantown, W. Va., and Sarasota, Fla.
In addition to new stores, 84 Lumber is opening new component plants in Winter Haven, Fla.; Columbia, S.C.; Boise, Idaho; and a second plant in Atlanta, Ga.
84 Lumber said new EWP facilities include its current Atlanta plant being relocated to a larger facility in Cartersville, Ga. while centers are scheduled to open in New Jersey and Boston. A new door shop is also planned for Denver.
“With the opening of these new stores and manufacturing facilities, we remain strong in our continued prospect for growth,” said 84 Lumber President Maggie Hardy. “We value our customers and listen to what is important to them to grow their businesses. As a result, we are growing and expanding in two ways – opening new locations and investing in existing markets.”
Business at 84 Lumber has also grown. The Eighty Four, Pa.-based company said that it finished 2022 with sales of $8.7 billion, rising more than 10% from sales of $7.9 billion in 2021.
“I’m immensely proud of the performance of our company over the last several years,” Hardy said. “We have the right people, and we are supporting our associates and customers with the necessary resources to take our company to the next level.”
Hardy added that she is committed to “growing this company the '84 way' and continuing to provide more opportunities for our associates.”
As 84 Lumber keeps up with its growth strategy, the company is looking to hire new associates in stores and manufacturing facilities across the country.
Applicants should visit 84lumber.com/careers to learn more about jobs at the dealer.
