Dunn Lumber Celebrates 100 years

Prosales,  Dec, 2004  

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Last month, Daytona Beach, Fla.-based dealer Dunn Lumber (www.dunnlumber.com) kicked off its 100th anniversary year-long celebration, which will end next November, 100 years after the company's founding in 1905. According to Sam Dunn, Dunn Lumber president and current NLBMDA chairman, the company was founded by his great-grandfather and his three sons as a hardware and crockery business in downtown Daytona Beach. The company remained hardware-centric until 1950, when the family began to shift the business toward lumber. Today, its three locations in central Florida focus almost entirely on lumber and building materials.

Despite the significance of the milestone, Dunn is quick to share the spotlight with others in the industry. "One hundred years is young to some businesses that are out there. I feel proud, but I join a group of distinguished businesses," he says. "It's a real exhilarating feeling to be 100 years old. ... You just can't help but feel that way."

Of the landmarks along the way, perhaps one of the most significant happened just over a month ago, when the company announced that it will initiate an employee stock ownership plan (ESOP), essentially turning this family-owned business over to its employee family.

The company will celebrate throughout the year with events for employees--past and present--and customers, culminating with a banquet next November.

COPYRIGHT 2004 Hanley-Wood, Inc.
COPYRIGHT 2008 Gale, Cengage Learning