12/14/2004

84 Lumber founder creating entrepreneur fund

"The way Joe Hardy spreads money around Fayette County, you'd think it grows on trees. And in a way, it did.

The multimillionaire founder of 84 Lumber and owner of Nemacolin Woodlands Resort & Spa has embarked on a plan to revitalize the county by luring entrepreneurs with millions of dollars in seed money.
Hardy, 81, who became a Fayette County commissioner in January, told the Pittsburgh Tribune-Review for a story Monday that he planned to use $5 million of his own money and would seek state assistance and $30 million in bank backing to create a company that would fund entrepreneurs.

He said he was looking for innovative ideas about manufacturing, fabrication and technology."

From phillyBurbs.com.