Kentucky business owner says high lumber prices cutting into sales, leading to price increase
Kenny Marine said this is the first year since his company first launched eight years ago where he’s seen such a large drop in sales. Marine founded Kentucky Hot Brown Pedalboards in 2013 after finding a handmade pedalboard at a Nashville music store that was far out of his budget.
“My brain is going, ‘I can do that. I’m a carpenter. I can do that. I can make that. I’m a musician. I know I can do this,'” he said.
He said business started picking up after a few years and it even saw a lot of good success during the pandemic in 2020 with many people staying at home. But he said this year, he’s seen his sales drop by around 75 percent, and he said the rising lumber prices have a lot to do with this trend.
“Something last year that cost me $12, $14 is costing me $30, $35, $60 in some cases depending on what wood I buy and that’s the killer right there,” he said.
Rising costs of lumber have been found around the country as there continues to be a high demand for lumber coupled with a very limited supply.
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