EIGHTY FOUR, Penn. – 84 Lumber Company, supplier of building materials and manufactured components, plans to invest $5.9 million to build an 84 Components manufacturing plant in Franklin, Indiana creating up to 100 new jobs by 2019.
The company will use the investment to purchase and renovate an existing, 84,000-square-foot building in the town to manufacture components including wood roof trusses, floor trusses and wall panels. Conditional tax credits up to $450,000 from the Indiana Economic Development Corporation were approved for 84 Lumber based on its job creation plans. Hiring for the new facility is expected to start in February.
“Indiana is an important part of 84 Lumber’s continued growth and expansion,” said Maggie Hardy Magerko, president and owner of 84 Lumber. “The addition of the facility in Franklin will allow us to better service and provide materials to our builders in the region.”
The certified women’s business enterprise, which is named for its founding city of Eighty Four, Pennsylvania, employs more than 4,600 employees in the United States and operates more than 250 stores, component manufacturing plants, custom door shops, custom millwork shops, and engineered wood product (EWP) centers in 30 states. 84 Lumber also offers professional residential and commercial contractors turn-key installed services for a variety of products including framing, insulation, siding, windows, roofing, decking, and drywall.
The 84 Components division, which is locating in Franklin, was founded in 1985 and operates five additional existing plants across the country.
Have something to say? Share your thoughts with us in the comments below.