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
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