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November 6, 2014

Puget Sound apartments are booming and so is business at Matheus Lumber

  • Revenues for the Woodinville-based distributor have gone from $85 million in 2011 to $280 million this year, but the company is diversifying to focus more on schools and senior housing.
    Journal Staff Reporter

    Photo courtesy of Matheus Lumber [enlarge]
    Gary Powell, left, is CEO of Matheus Lumber. His son Ben Powell is president.

    The boom in apartment construction has created its share of winners, including contractors, design firms and early bird developers.

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