{"id":3431,"date":"2013-12-19T09:26:45","date_gmt":"2013-12-19T09:26:45","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=3431"},"modified":"2013-12-19T09:26:45","modified_gmt":"2013-12-19T09:26:45","slug":"company-snapshot-bluelinx-holdings-corporation","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2013\/12\/company-snapshot-bluelinx-holdings-corporation\/","title":{"rendered":"Company Snapshot: BlueLinx Holdings Corporation"},"content":{"rendered":"<p><a href=\"http:\/\/newsroom.chainstoreguide.com\/2013\/12\/chain-store-guide-through-the-ages-2000s\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" title=\"CSG History 2000s\" src=\"https:\/\/www.chainstoreguide.com\/email\/blogpic_2000s.jpg\" alt=\"Chain Store Guide Through The Ages\" width=\"175\" height=\"330\" \/><\/a><strong>Address:<\/strong><br \/>\n4300 Wildwood Pkwy<br \/>\nAtlanta, GA 30339<\/p>\n<p><strong>Phone:<\/strong><br \/>\n770 953-7000<\/p>\n<p><strong>Year Founded:<\/strong><br \/>\n2004<\/p>\n<p><strong>Total Annual Sales:<\/strong><br \/>\n$1,907,842,000<\/p>\n<p><strong>Senior Executives:<\/strong><br \/>\nHoward\u00a0S.\u00a0Cohen- Executive Chairman<br \/>\nH. Douglas\u00a0Goforth- Senior VP, CFO, Treasurer<\/p>\n<p>&nbsp;<\/p>\n<p>In 2004, BlueLinx was improbably begun by an investment group composed of the executives of a private equity firm combining energies with management personnel representing the distribution division of Georgia-Pacific.\u00a0 In 2005, this newly formed entity was offered to the public through an IPO.\u00a0 This resulted with a listing on the New York Stock Exchange.<\/p>\n<p>BlueLinx grew rapidly as an independent entity with sales of over $4 billion, for its first year of operation.\u00a0 Sales for the newly minted company rose just over thirty percent during its second year.\u00a0 During the company\u2019s third year however, early effects of the subprime crisis began to hit the industry.\u00a0 BlueLinx annual sales rose just above one percent.<\/p>\n<p>After 2005, BlueLinx began to experience continuous annual declines, consistently in the neighborhood of $1 billion per year thorough 2009.\u00a0 Since then the company has alternated between annual increases and decreases in the $200,000 range.\u00a0 As noted above, last December\u2019s annuals came in at just under $2 billion.\u00a0 These fluctuations and totals are in line with those of most of the industry. \u00a0Of course, our distributors rely heavily on new home construction which has obviously been struggling even more than most avenues of the recessionary national scheme.<\/p>\n<p>As a personal note, prior to the dawning of BlueLinx, the distribution division of Georgia-Pacific was consistently one of the top performers on <strong>Chain Store Guide\u2019s<\/strong> Index of Leading Companies for our database of Building Products Distributors.\u00a0 As only a part of an actual division of the giant, diverse Georgia-Pacific empire, Georgia-Pacific executives proved prudent and kind enough to order a complex annual number crunch in order to give <strong>Chain Store Guide<\/strong> annual sales numbers which reflected the aspects of the company\u2019s distribution which met with <strong>CSG<\/strong> criteria.\u00a0 The number crunch was designed to meet specific standards and thus required about ten business days to complete.\u00a0 Thus we at <strong>Chain Store Guide<\/strong> were able to provide our clientele with the exacting data they demanded.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/newsroom.chainstoreguide.com\/2013\/12\/chain-store-guide-through-the-ages-2000s\/\"><img decoding=\"async\" class=\"alignleft\" title=\"80yrs\" src=\"http:\/\/www.chainstoreguide.com\/email\/80yrs_3a.png\" alt=\"CSG 80 Years\" width=\"100\" \/><\/a><em>This year, Chain Store Guide celebrates its 80th anniversary. In honor of this occasion, we are hosting a monthly series of editorials called \u201c<a href=\"http:\/\/newsroom.chainstoreguide.com\/2013\/12\/chain-store-guide-through-the-ages-2000s\/\" target=\"_blank\">Chain Store Guide Through The Ages<\/a>\u201d, starting with the 1930s. We will take a look at what was happening in that time and how it affected the industries we now serve. Our <a href=\"http:\/\/newsroom.chainstoreguide.com\/tag\/snapshot\" target=\"_blank\">Company Snapshots<\/a> will examine companies from that period and see where they are today.<br \/>\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Address: 4300 Wildwood Pkwy Atlanta, GA 30339 Phone: 770 953-7000 Year Founded: 2004 Total Annual Sales: $1,907,842,000 Senior Executives: Howard\u00a0S.\u00a0Cohen- Executive Chairman H. Douglas\u00a0Goforth- Senior VP, CFO, Treasurer &nbsp; In 2004, BlueLinx was improbably begun by an investment group composed of the executives of a private equity firm combining energies with management personnel representing the&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2013\/12\/company-snapshot-bluelinx-holdings-corporation\/\">Continue reading <span class=\"screen-reader-text\">Company Snapshot: BlueLinx Holdings Corporation<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[15],"class_list":["post-3431","post","type-post","status-publish","format-standard","hentry","category-home-hardware","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=3431"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3431\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=3431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=3431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=3431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}