84 Lumber Named on Forbes List for America's Private Companies
Eighty Four, Pennsylvania – August, 2016 – 84 Lumber, the nation’s leading privately held building materials and services supplier, has been named to Forbes’ 2016 list of America’s Largest Private Companies.
With $2.504 billion in 2015 sales, an 8.7 percent increase year-over-year from 2014, 84 Lumber is one of only two building product suppliers in the country to be included in Forbes’ annual ranking. The 223 private companies on the list have a combined revenue of $1.62 trillion and employ over 4.5 million people. To be considered for the ranking, company revenues must exceed $2 billion in sales through the end of the previous fiscal year.
“Being a private company allows us to quickly seize opportunities, which has resulted in 84 Lumber’s resurgence following the housing downturn, with sales increasing by more than $1 billion since 2011,” said Maggie Hardy Magerko, President and Owner, 84 Lumber Company. “We are one of the only building material suppliers in the country to be expanding our footprint, opening manufacturing facilities, and hiring at a rapid pace. At the core of 84’s success is exceptional service and people, and this recognition from Forbes is a tribute to the commitment of our more than 5,000 hardworking associates across the country.”
84 Lumber was also recently named on Forbes’ 2016 List of America’s 250 Best Mid-Size Employers.
For more information on 84 Lumber locations, services and products, visit www.84lumber.com and follow us on Facebook, Twitter and LinkedIn.
About 84 Lumber
Founded in 1956, 84 Lumber Company is the nation’s leading privately held supplier of building materials, manufactured components, and industry-leading services for single- and multi-family residences and commercial buildings. 84 Lumber operates more than 250 stores, component manufacturing plants, custom door shops, custom millwork shops, and engineered wood product (EWP) centers in 30 states, representing the top 130 markets in the country. 84 Lumber also offers professional residential and commercial contractors turn-key installed services for a variety of products including framing, insulation, siding, windows, roofing, decking, and drywall. A certified women’s business enterprise owned by Maggie Hardy Magerko, 84 Lumber was named as one of Forbes’ Best Midsize Employers in America 2016 and Forbes’ Largest Private Companies in America 2016. For more information, please visit www.84lumber.com.