January 18, 2017 11:25 AM ET

Trading Companies and Distributors

Company Overview of 84 Lumber Company

Company Overview

84 Lumber Company engages in supplying and selling building materials and services to residential and commercial contractors, home builders, remodelers, and build-it-yourselfers. It offers lumber, insulation, moulding, siding, decking and railing, roofing, engineered lumber, plywood, trim, flooring, drywall, and hardware products, as well as doors and windows, trusses and wall panels, and skylights. The company also offers installation and on site management services for framing, insulation, drywall, painting, flooring, cabinetry, and other products, as well as engineered wood products and custom doors. It owns and operates stores, component plants, door shops, installation centers, and engi...

1019 Route 519

Eighty Four, PA 15330

United States

Founded in 1956





Key Executives for 84 Lumber Company

Founder and Chief Executive Officer
Owner and President
Age: 52
Chief Financial Officer
Chief Operating Officer
Executive Vice President of Strategic Initiatives
Age: 48
Compensation as of Fiscal Year 2016.

84 Lumber Company Key Developments

84 Lumber Company Announces Plans to Open Dozens of New Stores; Closes New $350 Million Senior Secured Term Loan B

84 Lumber Company announced that it is commemorating its 60th Anniversary with internal celebrations in its 250+ stores and Team Headquarters. 84 Lumber is capping a milestone year that saw the company achieve its best first quarter in more than a decade. Eight years after staring down bankruptcy during the housing market crash, 84 Lumber is leaner, 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. 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. The company also closed on a new $350 million Senior Secured Term Loan B that is being used to enhance future product and service capabilities.

84 Lumber Announces New Term Loan B and ABL Revolver Refinancing

84 Lumber Company announced that it has closed on a new $350 million Senior Secured Term Loan B (TLB) and refinanced its existing credit facility with a new $350 million Asset Based Revolving Credit Facility (ABL Revolver). The TLB and ABL Revolver mature on October 25, 2023 and October 25, 2021, respectively. 84 Lumber intends to use the proceeds to refinance a sale leaseback agreement consisting of a portfolio of 109 properties, repay the existing ABL facility and pay fees and expenses related to the transaction. The transaction provides the company with operational and financial flexibility to reinvest in the business and pursue targeted, organic growth.

84 Lumber Company Appoints Robert Anderson as Divisional Vice President

Robert Anderson has been named Divisional Vice President for 84 Lumber Company covering the company's new Roanoke Division. Anderson, a 30 year veteran of 84 Lumber, began his career in 1986.

Similar Private Companies By Industry

Company Name Region
195 Lumber Company United States
2 J Supply, Inc. United States
21st Century Equipment, LLC United States
2M Company, Inc. United States
31-W Insulation Co., Inc. United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact 84 Lumber Company, please visit www.84lumber.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.