What is 41 Lumber?
Founded in 1925 and headquartered in Quinnesec, Michigan, 41 Lumber is a long-standing, family-owned building materials retailer. The company serves a diverse clientele, including professional contractors, residential builders, and DIY customers, across multiple locations in the Upper Peninsula of Michigan. Its comprehensive product catalog features lumber, plywood, windows, doors, cabinetry, paints, and specialty materials. Beyond product supply, 41 Lumber distinguishes itself with design services for kitchens and baths, alongside efficient job site delivery throughout Michigan and Northern Wisconsin. The company is a recognized regional dealer for prominent brands such as Dura Supreme, Kemper, and Decora cabinets, and Kolbe windows.
How much funding has 41 Lumber raised?
41 Lumber has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in 41 Lumber
PPP
Public-Private Partnership
What's next for 41 Lumber?
With a substantial late-stage funding context, 41 Lumber is poised for strategic advancements. This capital infusion is expected to fuel initiatives such as market share expansion, operational enhancements, or potentially the integration of new technologies to streamline services. The company's deep roots and established reputation suggest a focus on consolidating its regional dominance and exploring opportunities that align with its core business of providing essential building materials and design solutions. Future developments will likely center on leveraging this financial backing to reinforce its competitive position and continue serving its customer base effectively.
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