TOANO, Va.– Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, was recently named Shipper of the Year by The Port of Virginia. The award recognizes companies with exceptional commitment to helping the Port grow and underscores Lumber Liquidators’ dedication to Virginia and the mid-Atlantic region.
"Lumber Liquidators has always gone above and beyond to be a strong partner in helping grow The Port of Virginia," said John F. Reinhart, CEO and Executive Director of the Virginia Port Authority. "They have a clear commitment to the Commonwealth of Virginia and we are fortunate to have them as part of our business community."
The business momentum Lumber Liquidators continues building in 2014 – its milestone 20th anniversary year – is delivering considerable economic benefits to Virginia. Overall, the company is investing $60 million to deepen its presence in the Commonwealth. This is projected to create more than 200 jobs during the next three years, which will infuse millions of dollars in salaries and tax revenue into the local economy.
In order to better serve the more than 600,000 homeowners who purchase Lumber Liquidators’ flooring annually, the Company is building a 1 million sq. ft. distribution center in Henrico County. Beyond the economic lift from the construction itself, the facility is key to Lumber Liquidators consolidating its East Coast operations in Virginia. Additionally, Lumber Liquidators plans to add its 13th store in Virginia later this year.
Robert M. Lynch, President and Chief Executive Officer of Lumber Liquidators, commented, "Lumber Liquidators is proud to call Virginia home. Our partnerships with the state’s strong workforce and government officials, including the Port of Virginia, have led to a growth trajectory we look forward to continuing."
Beyond the direct economic impact, Lumber Liquidators also continues giving back to charities in Virginia and around America through its Lay It Forward philanthropic program. More information about the program can be found at LayItForward.LumberLiquidators.com.
About Lumber Liquidators
In its 20th year and with more than 340 locations, Lumber Liquidators is North America's largest specialty retailer of hardwood flooring. The Company features more than 340 top quality flooring varieties, including solid and engineered hardwood, bamboo, cork, laminate and resilient vinyl. Additionally, Lumber Liquidators provides a wide selection of flooring enhancements and accessories to complement, install and maintain your new floor. Every location is staffed with flooring experts who can provide advice and useful information about Lumber Liquidators' low priced product, much of which is in-stock and ready for delivery.
With premier brands including Bellawood Prefinished Hardwood and Morning Star Bamboo, Lumber Liquidators' flooring is often featured on popular television shows such as HGTV's Dream Home and This Old House.
For more information, please visit www.LumberLiquidators.com or call 1.800.HARDWOOD. You can also follow the Company on Facebook and Twitter, and learn more about its corporate giving program at LayItForward.LumberLiquidators.com.
Have something to say? Share your thoughts with us in the comments below.