Marking the latest milestone for a downstate small business that can trace its roots back more than 60 years, Coastal Supply Company today cut the ribbon on its new 6,500 sq. ft. headquarters north of Milford.
The family-owned company packages and distributes soils and mulches – primarily to Lowes and Home Depot – under the Garden Pro and Banfe brand names, servicing a territory ranging from Georgia to Missouri to New York State.
“We’re very fortunate to have this business, and this family, here,” said State Rep.-elect Harvey Kenton (R-Milford), who said he was proud to have played a role in the project, having located the site on behalf of the company when he was working as a realtor in 2008.
Ground was broken on the colonial-style building last December, taking 11 months to finish due to the wet weather last winter and spring. The project proved to be a benefit to two Milford companies, with Davis, Bowen & Friedel, Inc. designing the structure and Brendon Warfel Construction Inc. building it.
Coastal Supply Company got its start in Dagsboro in the 1940’s. Owner/CEO Joseph Kollock III, 50, said he began looking for a Milford-area headquarters location shortly after buying his brother’s share of the business two years ago. The new facility, at Cicada Lane and Bay Road (Delaware 1), is a just minutes away from his Milford home.
The business employs 14 full-time workers and another three to four seasonal staffers. “Family businesses have a lot of trials and tribulations, but ultimately I feel blessed that this business has succeeded over the years,” Mr. Kollock said. “We’ve had a lot of adversities with the economic conditions and competitive conditions, but somehow we’ve always managed to survive.”
In fact, the company has prospered. In 1983, when Mr. Kollock started working with his father, Coastal Supply sales revenue was just over $1 million. In 2010, the business recorded nearly $57 million in sales.
State Rep.-elect Jack Peterman (R-Milford) said Coastal Supply has been active in supporting activities benefiting area youths, noting the company’s sponsorship of the Milford Buccaneers High School football team. “I’m gratified that Coastal Supply selected the Milford-area for its headquarters. A family-run business like this is a great fit for our community.”