Posts Tagged ‘ 84 Lumber ’

84 Lumber Placed on Probation in Louisiana

Aug 25th, 2015

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Louisiana will not revoke 84 Lumber’s contractor’s license in the state because of the way it handled federal contracts to rebuild in the aftermath of Hurricane Katrina. Instead, the company will be placed on probation for one year. The Louisiana State Licensing Board for Contractors could have stopped 84 Lumber from doing business in the state, […]

Why Bonding and Insurance Coverage is Vital to Your Business

Aug 7th, 2015

An upcoming hearing in Louisiana illustrates why door and window contractors must make sure their bonding and insurance coverage is adequate before beginning a job. The Pittsburgh Post-Gazette reports that the Louisiana State Licensing Board for Contractors has subpoenaed officials from 84 Lumber to appear in Baton Rouge for a hearing on Aug. 20 about […]

84 Lumber Names Garuccio Divisional Vice President

Jan 30th, 2015

Phil Garuccio is the new Central Division vice president for 84 Lumber.  Garuccio, 42, is a 22-year veteran of 84 Lumber who began his career as a manager trainee at the company’s store in Empire, Ohio.  He’s also served as a co-manager, store manager and area manager in the Central and Southeast Divisions. “Phil has […]

84 Lumber Announces Builder Incentives in “We Build American” Campaign

Apr 5th, 2013

As the housing market continues to rebound, 84 Lumber announced that, as part of its “We Build American” program, the company will offer a unique assortment of promotional and marketing assistance to builders who pledge to use American building materials and products wherever possible in new home construction. It was recently announced that housing starts […]

84 Lumber Launches “We Build American” Initiative

Jan 25th, 2013

During the International Builders’ Show (IBS) in Las Vegas, 84 Lumber Co. announced the launch of its “We Build American” initiative encouraging builders, remodelers and homebuyers to use American-made materials when building or remodeling a home. More than 180 companies in 40 states selling American-made products have joined the initiative. Maggie Hardy Magerko, president and […]

American Builders Supply Names Bill Myrick as CEO

Jul 20th, 2012

Blue Wolf Capital Partners LLC announced that its portfolio company, American Builders Supply Inc. (ABS), has named Bill Myrick as CEO. Myrick, 50, has had a 30-year career in the building products industry, most recently serving as CEO of ProBuild. He began his career as an entry-level management trainee at 84 Lumber in 1982, and […]

84 Lumber VP Dies in Boating Accident

Jul 10th, 2012

Joe Gardiner, 43, vice president of national sales at 84 Lumber, died as a result of a boating accident on Saturday, July 7. According to the Denton Record-Chronicle, a local newspaper, Gardiner and his wife were knocked off the small boat by wind-driven waves. The medical examiner ruled yesterday that Gardiner died of accidental drowning. […]

GE Capital Closes on $225 Million Asset-Based Loan for 84 Lumber Co.

Apr 13th, 2012

GE Capital, Corporate Finance announced it is co-collateral agent and documentation agent for a $225 million asset-based loan for 84 Lumber Co. The loan will be used to refinance existing debt and for working capital purposes. “GE Capital worked closely with us to help structure a deal that met our specific goals and provided fresh […]