2014

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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