Growth leads to cuts for Gordon Lumber
The pro dealer consolidates while planning growth for components division.
Gordon Lumber Holdings Company, the Freemont, Ohio-based pro dealer, announced that it will consolidate two “redundant” retail operations.
But the company also said that it plans to expand its components manufacturing business and has made several management promotions to help execute its growth strategy.
Operations at its limited service Bellevue and Bowling Green lumberyards will be consolidated into full-line contractor and retail lumberyards in Fremont, Genoa, Huron and Port Clinton. Gordon also said it is reallocating additional resources into the full line lumberyards to support growth, expand product and service offerings and provide best in class customer service to its core markets.
This change follows years of centralizing pro-sales and service out of its main line lumber yards.
In a prepared statement, Gordon Lumber said the moves were “in alignment with industry trends in building products” and the company’s multi-year growth strategy.
The company also noted that capital investments made over the past several years in Gordon Components, based in Findlay, Ohio, as well as by Gordon’s Michigan joint venture partner, Gordon Components Mich., “have delivered significant and sustained product sales and earnings growth.”
Gordon Lumber now plans a strategic expansion of the component businesses will be included as part of a multi-year plan to meet the needs of the growing components and sub components sector. The components division designs, manufactures, and delivers TPI certified components for both professional contractors and suppliers.
To support the strategy, Derek Cowen has been promoted to vice president and general manager of Gordon Components. On the lumber side, Justin Tracy has been named vice president of operations and Michael Kuntz has been named vice president of sales for Gordon Lumber.
“You don’t stay in business for 150 years unless you grow with the times,” said Erin Leonard, president of Gordon Lumber. “The housing industry has adopted and embraced components as the way of the future and Gordon Components will be there to support and serve the continued growth in this sector. Additionally, the pro-sales retail businesses have shifted to a model of fewer and larger distribution points that cover more geography, offer more services and are centers of excellence to serve consumers and professional contractors in our core markets.”
Gordon Lumber Holdings Company operates four home center/lumberyards, a contract/installed sales business and a component manufacturing facility in Ohio and Michigan.
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