Wayne, Penn. — 2017 was a record-breaking year for LMC, the 82-year-old forest product and building materials co-op announced. The year’s sales finished at more than $4.3 billion—a 13% increase from 2016.
“This milestone is truly a representation of the power of the LMC network,” said John Somerville, LMC President and CEO. “What makes LMC stand out, is the dedicated partnerships between loyal stockholders, suppliers, and staff.”
LMC predicts that pent-up demand for new homes from millennial buyers should lead to a strong 2018 in the real estate market with increases equal to or better than 2017.