Well, the number of trees you need will, of course, depend on the size of floor you are making and the size of the trees the lumber comes from, among other factors. Being in the hardwood lumber business I often get questions about the online flooring supplier Lumber Liquidators. Lumber Liquidators Does "Hardwood Lumber for Less" mean less quality, less service, less wood figure or less price? Or, choose from bamboo, laminate, wood-look waterproof flooring, and more. Lumber Liquidators will pay $7.8 million in criminal fines, more than $1.2 million in community service payments and nearly $970,000 in criminal forfeiture. Lumber Liquidators has also faced an investigation from the US Department of Justice over its alleged use of wood that was illegally logged from the Russian Far East, in violation of the Lacey Act. Learn more about our corporate giving program at www.LayItForward.LumberLiquidators.com. The largest direct retailer of hardwood floors in the USA offers a variety of product lines, mostly for the price conscious shopper. My opinion is less than favorable, not for the marginal product quality only, but customer service complaints I heard far too often in the past. Many modern folk would have a hard time explaining where the natural gas in their home comes from, or how bread is made, or even what the very walls around them are made of. Lumber Liquidators hardwood flooring products have come under Federal scrutiny recently. On September 26th agents from the Department of Homeland Security’s Immigration and Customs Enforcement as well as the U.S. The Company features more than 340 top quality flooring varieties, including solid and engineered hardwood, bamboo, cork, laminate and resilient vinyl. Lumber Liquidators claims it cannot find any clear statement in EIA’s report that states Lumber Liquidators imported illegal wood. Brian, James, Sue and Don have made improving your home and business their passion. They say they also believe that the “long-term the company collapses under a wave of consumers demanding testing be done, and the costs associated with removal and … And they know it. Lumber Liquidators is clearly letting investors know that at some point, it needs to trust its Chinese suppliers. While shares of Lumber Liquidators closed up slightly on Friday, investors could barely wait to sell their stock by Monday morning. — -- A new report from the U.S. Centers for Disease Control and Prevention has put the spotlight again on some flooring sold by Lumber Liquidators due to potential health risks. The Floor Barn is owned and operated by us, the Heltzel Family. Ashleigh McDermott Minimum monthly payments required. Lumber Liquidators hardwood flooring products have come under Federal scrutiny recently. At $82 a share, the stock trades at around 50x its 2012 earnings. The experience by our clients have been overwhelmingly positive, of course who doesn’t want to save money! Every location is staffed with flooring experts who can provide advice and useful information about Lumber Liquidators’ low priced product, much of which is in-stock and ready for delivery. The footage shows packaging of the Virginia Mills line of Lumber Liquidators hardwood floors, being manufactured by a foreign company that has violated logging laws. Let us clarify then: Lumber Liquidators imported illegal wood. Rating: 2.5 Fish and Wildlife Service paid a visit to multiple Lumber Liquidators locations. On September 26th agents from the Department of Homeland Security’s Immigration and Customs Enforcement as well as the U.S. WASHINGTON, D.C.—Today, Virginia-based company Lumber Liquidators was sentenced to $13.2 million in fines and forfeitures for importing illegal wood and submitting false declarations under the Lacey Act, a conservation law that makes it a crime to import plants and animals taken in … Lumber Liquidators Investor Relations Additionally, Lumber Liquidators provides a wide selection of flooring enhancements and accessories to complement, install and maintain your new floor. It provides a nice way to visualize the sawing process one has to try to imagine when looking at a piece of quarter-sawn lumber. Lumber Liquidators was much more affordable and Bellawood is a very nice quality floor in my opinion. Lumber Liquidators. I've seen too much crappy material come out with width variances of 1/8" and more, 100 boards averaging 20" for every "long" board of 47" to count. How many trees does it take to make a hardwood floor? The same goes for lumber. This press release may contain “forward-looking statements” as defined in the Private Securities Litigation Reform Act. Save on over 400 flooring varieties, including Bellawood Prefinished Hardwood backed by a transferable 100-year warranty. Throughout that time as well, we also had rehabbed several homes and during that time we discovered that there had to be a better way to get more affordable floor materials to the public then what we encountered. After building strategic industry contacts and setting in motion a business plan to offer wholesale prices to the retail market, we opened the doors of The Floor Barn to the public. On purchases of $2,500 or more made with your Lumber Liquidators credit card from November 18 - December 1, 2020. Author: Dennis Bell, Bell Forest Products. We do not know why Lumber Liquidators would choose to make such an obviously false statement to the public. Lumber Liquidators has generated its fair share of controversial headlines over the past year or two, but if its tanking share price is any indication, the retailer may soon be facing further repercussions for its alleged actions.. On one hand, the company may be smacked with criminal charges from the Department of Justice over an ongoing investigation into possible illegal logging practices. We have over $20, 000 invested in hardwood flooring from this pathetic company and like obviously thousands of others scammed, our floors are cupping and buckling everywhere! Railroad ties and old wooden fences don’t yield recycled timbers of the same size as barns and factories do, but wood from these sources has been used to make doors, windows, mantelpieces, furniture, and other pieces where an entire floor worth of wood … You can also follow the Company on Facebook and Twitter. The Company specifically disclaims any obligation to update these statements which speak only as of their respective dates, except as may be required under the federal securities laws. Then over the years our clients were always looking towards us to provide their materials for them. In 2013, South America’s contribution was around 7 percent and it is expected to fall to 1 percent or less in coming years. This fast growing American company has a lot of mixed reviews, most of which are negative. TOANO, Va., October 3, 2014 – Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, has launched a new section of its website, www.LumberLiquidators.com/Sustainability, detailing the Company’s longstanding commitment to protect the environment. It is also important that the customer themselves know that they are buying quality products that are being manufactured to the regulations our nation as enacted into law. Initially, we started our little company as a remodeling and flooring installation company named Putting On The Fix. He then resold the wood from the back of a trucking firm's yard in Stoughton, Massachusetts. Lumber Liquidators Reviewed by Wood Floor Doctor on October 4 . Three years later in 1996, the company found their niche market in hardwood flooring. As the investigation of Lumber Liquidators hardwood flooring products continues, the emergence of a newly published video by the EIA, Environmental Investigation Agency, contains footage alleging extremely damaging proof of importation violations. I've had my natural maple Bellawood floors for over 4 years and I couldn't happier. Lumber Liquidators aims to be the industry leader in sustainability. Some experts on the Lumber Liquidators situation say that the potential future liabilities may swamp the company when class action lawsuits begin to come to fruition. Highlights of the new sustainability content include: In its 20th year and with more than 345 locations, Lumber Liquidators is North America’s largest specialty retailer of hardwood flooring. The following is an excellent high-quality educational video from the folks at Frank Miller Lumber Company, an Indiana lumber producer that specializes in quarter-sawn hardwood. A lot of it. When I was checking around at local flooring stores I couldn't even touch maple wood - very expensive. The original content is rooted in the Company’s “Lay It Forward” business strategy, which centers on the long-term benefits of quality hardwood flooring, protecting the environment and supporting the communities it serves. They are backed by hedge-fund managers who have bet millions on short-selling the stock. Click for Details. Available only for purchases between 11/18/2020 - 12/1/2020. The Financial Impact To Lumber Liquidators. Information regarding these additional risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission. Lumber Liquidators, now known as LL Flooring, offers a wide range of materials and colors of laminate and hardwood floors at low prices. If Lumber Liquidators knowingly violated the laws of the Lacey Act as is alleged in this video by the EIA, it is important that the government enforces the penalty to it’s fullest. Just as investors at some point need to trust the company. Lumber Liquidators (stylized as LUMBER LIQUIDATOR$) is an American retailer of hardwood flooring.He then resold the wood from the back of a trucking firm's yard in Stoughton, Massachusetts.The company has grown to be one of the largest retailers of … What does “Random Widths” and “Random Lengths” mean. With premier brands including Bellawood Prefinished Hardwood and Morning Star Bamboo, Lumber Liquidators’ flooring is often featured on popular television shows such as HGTV’s Dream Home and This Old House. The new online content is designed, in part, to enable our communications to catch up with our sustainability initiatives.”. These statements, including those related to the percentage of wood to be sourced from South America in coming years, are not historical facts and are based on currently available information as of the date of such statements and are subject to risks and uncertainties that may cause actual results to differ. Lumber Liquidators Flooring was started in 1994 by Tom Sullivan, a building contractor who began purchasing excess wood from other companies. Of the tested samples, only one was compliant with stringent formaldehyde emission standards enforced by the California Air Resources Board. Lumber Liquidators to pay $33 million for misleading investors about formaldehyde in laminate flooring A sign marks the location of a Lumber Liquidators store on April 29, 2015, in … For more information, please visit www.LumberLiquidators.com or call 1.800.HARDWOOD. Lumber Liquidators reported net revenue of $813 million and $47 million in net income for the year 2012. For more information, please visit www.LumberLiquidators.com/Sustainability. Tel: 757.566.7512. I worked for home depot lumber department. But the company still alternately uses both names. Copyright © 2020 Lumber Liquidators, Inc. All Rights Reserved. Lumber Liquidators sells a huge variety of wood floors at a low price. We do this by minimizing our energy and land use; having an efficient supply chain; working with credible and trustworthy suppliers; avoiding waste; and investing in, and protecting, the long-term health of the forests, farms and responsible plantations that are the lifeblood of our business.”, Added Ray Cotton, Senior Vice President, Chief Sustainability and Compliance Officer: “At Lumber Liquidators, we’ve focused not simply on compliance with the applicable laws, but on what we can and should do as a company to protect the environment above and beyond those laws. Lumber Liquidators Flooring Co. has been in business for over 20 years and … Admittedly, we’ve been more focused on our sustainability efforts than communicating broadly about them. Save my name, email, and website in this browser for the next time I comment. Our huge flooring store retail showroom is located in Burleson, TX but we aslo service Arlington, Mansfield, Fort Worth, Joshua, Crowley, Alvarado, Cleburne, Hurst, Euless, Bedford, Southlake, Keller, Grapevine, Colleyville, Saginaw, Grand Prairie, North Richland Hills, Midlothian, and Granbury, Texas. It is important that all hardwood flooring manufacturer’s are doing business on a level playing field, one should not benefit from illegal harvesting to gain a competitive edge. Most of the lumber doesn't come from China like that other guy said. Lumber Liquidators . *Subject to credit approval. Some reclaimed wood doesn’t come from buildings at all. As Lumber Liquidators increased its reach, it expanded its product offerings to other types of flooring. The men have filed a class action lawsuit demanding that Lumber Liquidators pay to remove and replace every single board of laminated wood flooring that contains toxic levels of formaldehyde. “Delivering top-quality hardwood floors for less requires us to be lean, efficient and sustainable in everything we do. About Lumber Liquidators If regulators' tests confirm Lumber Liquidators' position that its flooring is safe and meets regulatory standards, the company will get a boost, as it will if the criminal probe comes up with naught. The warrants that allowed the Federal agents to search Lumber Liquidators hardwood flooring headquarters and retail store in Richmond, VA. are sealed and they have not been officially charged of any violations at the present time. And that's how it's done. Empire Today vs. Lumber Liquidators. You will see the short video on Lumber Liquidators hardwood by the EIA below. For cash, no receipt, nor warranty on anything. lumber liquidators is the poorest excuse for wood flooring ever and their pathetic excuse for customer service is an absolute joke to say the least! Lumber Liquidators’ long nightmare is over, but it has a ways to go before it fully recovers from its laminate flooring crisis. Also, here is a good article by the NWFA, National Wood Flooring Association on the recent events: http://hardwoodfloorsmag.com/editors/blog/default.aspx?id=2366&t=EIA-Report-Lumber-Liquidators-Knew-Wood, by Brian Heltzel The Floor Barn http://www.floorbarn.com Arlington, TX 817-419-1015. When shopping for new carpets, many property owners like to compare deals and product ranges from different suppliers, with one of the most common comparisons being Empire Today vs. Lumber Liquidators. It … The only wood products from China in the lumber department are Luan underlayment and wood finials. However, we also get a good amount of wood from Canada, including the maple of which they are so proud (justifiably so). Fish and Wildlife Service paid a visit to multiple Lumber Liquidators … Lumber Liquidators is a discount wood floor retailer that offers great variety at low prices. “Lumber Liquidators aims to be the industry leader in sustainability because it’s good for the environment, and because it’s good for the future of our business,” said Robert M. Lynch, President and Chief Executive Officer. If you live inside the DFW area but outside of our installation service area, you can still take advantage of The Floor Barn's low discount prices on brand name floors and we can arrange for delivery of your purchased floors to your home or business anywhere in the Dallas / Fort Worth metroplex. Three years later, moving to its first dedicated store in Roxbury, Massachusetts, Lumber Liquidators shifted toward selling solid hardwood flooring as its flagship product, heavily advertising oak flooring for the deeply discounted price of $0.99 per square foot throughout the Boston area. http://hardwoodfloorsmag.com/editors/blog/default.aspx?id=2366&t=EIA-Report-Lumber-Liquidators-Knew-Wood, All Wood Discount Cabinets – Shopping tips for Kitchen Cabinets. For example, in 2007 Lumber Liquidators sourced about 18 percent of its wood from South America. I am happy to install B-Wood. 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