Following Monday's announcement of consolidation of three locations, 84 Lumber announced on Tuesday that it will also consolidate a fourth location in Ohio and temporarily close a truss plant in Arizona, according to an article in the Washington, Pa.-based Observer Reporter. The company cited poor market conditions as the reason for the closings.
According to the article, the company will consolidate its Toledo, Ohio branch, which employs three people, with its store in Maumee, Ohio. The company will also mothball its truss operations in Chandler, Ariz., but will still continue to design and order trusses for customers through a third party supplier.
On Monday, the Eighty-Four, Pa.-based company announced it was consolidating its operations in Oklahoma City, which will merge with the company's store in Tulsa, Okla.; St. Augustine, Fla., which will consolidate with the store in Orange Park, Fla.; and Waveland, Miss., which will combine with Gulfport, Miss., operations.
The Observer-Reporter wrote that 14 jobs will be affected by the consolidations, but that all those people have been offered jobs at the consolidated locations.
The article also reported that the company announced last Friday that it was terminating five positions at its headquarters as part of changes taking place within the company's business units. Company spokesman Jeff Nobers confirmed the termination of the five positions and said the cuts were a result of streamlining and reassigning duties to other personnel.
The moves come a week after the company, which was originally ranked No. 6 on the 2010 ProSales 100, but jumped up to No. 5 following a merger at the top, was awarded $20 million in federal loans to help it restructure its debt. 84 Lumber is considered to be one of the largest privately held LBM companies in the country with total sales of $1.35 billion in 2009. The company operates about 280 locations around the country.
