Company Description:
Ellsworth Builders Supply, Inc., was established in 1959. It was, and still is, a subsidiary of the Ellsworth Falls Lumber Co., Inc. The lumber company originally operated several small sawmills in the area. The supply company became a successful effort to diversify away from the troubles of the sawmill business. Ellsworth Falls Lumber Co. was backed by three families who summered on Mount Desert Island. They sought to improve the job market in interior Hancock County, a long-depressed area of Maine. When that effort proved no longer viable, the families acquired the Ellsworth Builders Supply name in 1959. Its building supply facility had burned to the ground. A new store and warehouse were built at its present Ellsworth site. Today, EFLCo continues as a management and real estate holding company. Its principal function is to act as a holding and management company for Ellsworth Builders Supply, Inc. (EBS). In 1970, Austin Goodyear acquired EFLCo from the three summer families. The Goodyears had lived in Connecticut and had a summer residence on the Maine coast. Goodyear was attracted to Maine and sought to own a business here. A majority of the management team were born in Maine and grew up here. The Vice Presidents have an average tenure of 17 years with EBS. In 1970, EBS was one location with nine employees. Today, the business has ten branches and nearly 300 employees. Of these branches, three are in Washington County, four in Hancock County, and three in Waldo and Knox Counties. They are scattered mostly among coastal Maine villages, 5 to 25 miles apart. Sales have grown steadily, except during the 1991-1992 recession, to over $70 million today. The 30 years of progress has occurred as Maine itself has gradually changed from being a very rural state to a healthier, year-round, more diverse economy. Compared to other New England states, however, it has much further to go. At a meeting a few years ago with several customers of EBS, an important and long-established Mount Desert Island contractor remarked, EBS is a class outfit. There is nothing else like it hereabouts! As the company has strengthened its position in the do-it-yourself market"
Ellsworth Builders Supply, Inc., was established in 1959. It was, and still is, a subsidiary of the Ellsworth Falls Lumber Co., Inc. The lumber company originally operated several small sawmills in the area. The supply company became a successful effort to diversify away from the troubles of the sawmill business. Ellsworth Falls Lumber Co. was backed by three families who summered on Mount Desert Island. They sought to improve the job market in interior Hancock County, a long-depressed area of Maine. When that effort proved no longer viable, the families acquired the Ellsworth Builders Supply name in 1959. Its building supply facility had burned to the ground. A new store and warehouse were built at its present Ellsworth site. Today, EFLCo continues as a management and real estate holding company. Its principal function is to act as a holding and management company for Ellsworth Builders Supply, Inc. (EBS). In 1970, Austin Goodyear acquired EFLCo from the three summer families. The Goodyears had lived in Connecticut and had a summer residence on the Maine coast. Goodyear was attracted to Maine and sought to own a business here. A majority of the management team were born in Maine and grew up here. The Vice Presidents have an average tenure of 17 years with EBS. In 1970, EBS was one location with nine employees. Today, the business has ten branches and nearly 300 employees. Of these branches, three are in Washington County, four in Hancock County, and three in Waldo and Knox Counties. They are scattered mostly among coastal Maine villages, 5 to 25 miles apart. Sales have grown steadily, except during the 1991-1992 recession, to over $70 million today. The 30 years of progress has occurred as Maine itself has gradually changed from being a very rural state to a healthier, year-round, more diverse economy. Compared to other New England states, however, it has much further to go. At a meeting a few years ago with several customers of EBS, an important and long-established Mount Desert Island contractor remarked, EBS is a class outfit. There is nothing else like it hereabouts! As the company has strengthened its position in the do-it-yourself market"