Businessweek

Patrick Industries, Inc. manufactures component products, and distributes building products and materials to the recreational vehicle (RV) and manufactured housing (MH) industries. The company is a supplier to certain other industrial markets, such as kitchen cabinet, household furniture, retail fixtures and commercial furnishings, marine, and other industrials. It operates 13 warehouse and distribution centers and 14 manufacturing operations located in Alabama, Arizona, California, Georgia, Illinois, Indiana, Kansas, Minnesota, Oregon, Pennsylvania, Tennessee, and Texas. Principal Products The company manufactures and fabricates various products, such as decorative vinyl and paper panels, solid surface, granite, laminated and painted countertops, wrapped profile mouldings, stiles and battens, hardwood, foil and membrane pressed cabinet doors, drawer sides and bottoms, interior passage doors, and slotwall and slotwall components. It also provides value added processes, including custom fabrication, edge-banding, drilling, boring, and cut-to-size capabilities. The company distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, wiring, electrical and plumbing products, cement siding, interior passage doors, roofing products, laminate flooring, and other miscellaneous products. Suppliers The company’s major material suppliers with contracts, as of December 31, 2011, included United States Gypsum, MJB Wood Group and Tumac Lumber Company. Seasonality The company’s sales and profits are highest in the second and third quarters. Strategy The company focuses its activities on driving the execution of Organizational Strategic Agenda (OSA), embedding ‘Customer First’ performance-oriented culture throughout all levels of the organization, implementing talent development initiatives to ensure that it has the resources to meet customers’ evolving needs, developing a nationwide manufacturing and distribution presence in response to customers’ needs for flexibility and short lead times, and bringing value added products to customers through the introduction of new products, line extensions, and strategic acquisitions. Regulation and Environmental Quality The company has taken a proactive role in certifying that the composite wood substrate materials that it uses to produce products for its customers in the RV marketplace have complied with applicable emission standards developed by the California Air Resources Board (CARB). History Patrick Industries, Inc. was founded in 1959. The company was incorporated in Indiana in 1961.