Great holiday gift idea from Florida Trend!
Florida Trend
Get FREE Business News Updates


November 27, 2015

Business Profile

Lainhart & Potter

The 119-year-old lumber company has been sold to MarJam Supply, who plans to expand.

Mike Vogel | 5/30/2012

Lainhart’s 25th Street location in West Palm Beach. The company closed after 119 years. [Photo: Lannis Waters/The Palm Beach Post/]

The recession has led to the sale of Palm Beach County’s oldest continuously operated business, 119-year-old Lainhart & Potter. The lumberyard supplied building materials to Henry Flagler. Its land and operations were sold for $2.8 million through bankruptcy court to Brooklyn, N.Y.-based MarJam Supply, which has operations in 12 states. In Florida, it operates in Jacksonville, Orlando, Fort Myers, Miami, Wildwood and now West Palm Beach and Jupiter through the Lainhart deal. MarJam says that as of April only about 12 people were employed at the former Lainhart sites but it expects to double that shortly as the company expands. It also wants geographic expansion in the state. “We look forward to being throughout Florida,” COO Carmen Arguelles says.

Tags: Southeast

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Blue Origin launches, lands New Shepard rocket booster
Blue Origin launches, lands New Shepard rocket booster

Blue Origin completed a test flight this week that successfully launched a vehicle to space and landed the rocket booster. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you think playing daily fantasy sports (and betting) is gambling, or not?

  • Yes, it's gambling
  • No, it's a game of skill

See Results

Ballot Box