HAGERSTOWN - As many as 150 workers could be employed at the former Lowe's distribution center at 914 S. Burhans Blvd. in Hagerstown by early 2006 as Texas-based Builders FirstSource ramps up production of its residential building product lines at the site, a company official said Thursday.
Douglas Schweinhart, president of the company's Atlantic Group division in Frederick, Md., said a crew of about 30 workers began manufacturing wall panels at the site about two months ago, but the company delayed the announcement because of a pending public stock offering. The company went public June 22 with about 12 million shares at $16 each.
Traded on Nasdaq under the ticker symbol BLDR, its stock price closed Friday at $18.47.
Schweinhart said the company, which operates three other sites in the Frederick area, selected the Lowe's site because of its rail access and the ability to easily convert the former distribution center for manufacturing use. Raw material is shipped to the facility by train, manufactured at the facility and then sent to other sites by truck, he said. By January, he said, he expects the facility will be producing two lines of residential wall panels and another line of prefabricated roof trusses.