84 Lumber Affirms Environmental Commitment
EIGHTY FOUR, Pa., Aug. 24 /PRNewswire/ -- 84 Lumber Company, one of the nation's largest suppliers of building materials, affirmed today its continued commitment to preserving the environment by announcing that it intends to phase out sales of products from endangered forests by the end of 2003. "84 Lumber will continue its commitment of practicing sound environmental wood procurement policies by phasing out sales of wood from endangered forests during the next three years while continuing to promote the sale of alternative products," said Maggie Hardy Magerko, 84 Lumber Company President. "We strongly believe that practicing sound forest management is the responsibility of producers, distributors and ultimately consumers," said Magerko. "While we currently purchase a vast majority of our wood products from the most responsible producers in North America and around the world, we are increasing our environmental preservation efforts immediately to ensure that our suppliers practice responsible forestry." 84 Lumber is in the process of conducting an extensive evaluation of its purchasing policies and procedures, with the intention of implementing environmental policies that eliminate the sale of wood that is harvested from endangered forests. The overwhelming majority of 84's current wood supply does not come from endangered areas. 84 Lumber plans to work closely with its suppliers to implement independent, third-party certification systems to ensure the products sold in 84's stores come from well-managed forests. "Many of our suppliers have already implemented independent certification systems, and we will strongly encourage those who haven't to join this collaborative effort as we build environmental partnerships that benefit everyone," said Magerko. During the past decade, 84 Lumber has been an industry leader in not only selling lumber, but also in marketing engineered wood products such as a composite wall panels, wood I-beams and laminated veneer lumber (LVL). 84 Lumber has greatly expanded its production of manufactured wood products such as roof and floor trusses at its manufacturing plants, making builders more efficient while reducing consumption and waste of wood products. "We are proud of our efforts in helping to make builders more efficient, not only by saving them time and money with our engineered wood products, but also in helping them reduce the pressure on the world's forests by practicing better building techniques," said Magerko. "The demand for engineered wood products continues to increase and we will market these products accordingly." Many 84 Lumber stores also stock additional alternative products such as Trex decking, which is manufactured from reclaimed and recycled products including wood particles and grocery store sacks. "We will continue to seek ways to improve the way we do business, and that certainly includes developing and fostering partnerships with suppliers who strive to be responsible stewards of the environment," said Magerko. "We all have a responsibility to preserve the earth for future generations, and 84 Lumber is pleased to take its commitment to a higher level." About 84 Lumber 84 Lumber was founded in 1956 by Joe Hardy in the town of Eighty Four, Pa. 84 Lumber currently operates 406 stores in 30 states coast-to-coast. The privately-held company announced record sales of $1.8 billion in 1999, with approximately 75-percent of that total coming in sales to professional contractors. Safe Harbor Statement This release contains forward-looking statements of a non-historical nature and are subject to risks and uncertainties that are beyond the company's ability to control. The company cautions that the following factors may cause actual results to differ materially from those indicated by the forward-looking statements: cost of materials sold; changes in selling prices; competition within the building materials supply industry; the effects of economic conditions; as well as other factors. (For more information, visit us online at 84lumber.com. A copy of this press release can be found in the "press room")
SOURCE 84 Lumber Company
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