Construction Today, Vol 20 Issue 5 - Sept 2023 | Page 88

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Overcoming

OBSTACLES

Despite an array of challenges , Lumbermens continues to platform industry-leading solutions for construction

Lumbermens Merchandising Corporation is the largest member-owned forest products and building materials buying group in the US . Founded in 1935 , LMC was established as a cooperative to provide independent lumber and building material dealers with the collective purchasing power and resources they need to compete in the marketplace . Construction Today hears from President and CEO , Paul Ryan , about his journey in the construction industry , as well the success his business has achieved over the years . “ I became the President and CEO of LMC in mid-2021 , but most of my career has been in finance . I joined in 2016 to serve as Senior Vice President

Healthy indoor environments are becoming a big priority for homeowners
of Finance and Technology . However , before that , I was the Chief Financial Officer for AD , which is a large construction and industrial supply buying group . Prior to that , I spent ten years at a large public accounting firm and then another seven years at a distributor of laboratory supplies ,” he shares .
Under Paul ’ s leadership , LMC has grown into a significant force in the industry , representing over 1800 locations across the US . “ As a memberowned cooperative , LMC ’ s primary goal is to support the success and growth of its independent dealer members ,” he highlights . By fostering collaborative relationships , providing resources , and leveraging collective purchasing power , LMC strives to strengthen the competitive position of its members in the marketplace .
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