Mississippi's 40 Fastest Growing Companies: Magnolia Forest Products turned adversity into opportunity

From: The Mississippi Business Journal | Date: October 27, 2003| Author: | Copyright information

TERRY - Magnolia Forest Products turned adversity into opportunity when it was challenged by competition from national, low-margin, high-volume operators that forced company leaders to rethink their strategy and completely change their focus.

Harold Mayo founded Magnolia Forest Products in 1976 as a brokeroriented lumber business that stored little inventory. Until the mid1980s, the company primarily brokered sales of Southern Yellow Pine framing lumber, selling mainly to retail customers and also to industrial customers in Mississippi and neighboring states. Within 10 years, the company ...

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