84 Lumber intends to celebrate at 60

3/6/2018

84 Lumber says it is capping a milestone year that saw the company achieve its best first quarter in more than a decade. All the more reason to celebrate its 60th anniversary, which it intends to do across its 250-plus stores.


“For 60 years, we’ve been fiercely independent. That’s given us the ability to adapt – to the market, to our customers and to our communities,” said Maggie Hardy Magerko, president and owner of 84 Lumber. “We’re much more than a lumber company, and we’re thrilled to see what we can do over the next 60 years.”


Eight years after staring down bankruptcy during the housing market crash, 84 Lumber says it is leaner, more flexible and more diversified than ever before This year, the company announced plans to open dozens of new stores, including an expansion into the western United States. They also closed on a new $350 million Senior Secured Term Loan B that is being used to enhance future product and service capabilities.


This comes on the heels of brand new initiatives like Tiny Living by 84 Lumber, a new line of portable tiny homes that has garnered international recognition for the company.


Founded in 1956, 84 Lumber operates more than 250 stores, component manufacturing plants, custom door shops, custom millwork shops, and engineered wood product centers in 30 states.


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