Rep. Frey tours Ridgefield Supply Company facility
In an effort to promote awareness of Women-Owned Business Day, State Representative John Frey (R-111) visited the Ridgefield Supply Company and toured the facility with the company’s owner, Margaret Price, to learn about the business and her experience as a business owner. Women-Owned Business Day is an annual event at the State Capitol every May 2, and hosted by the Women’s Business Development Council, which is an organization dedicated to women’s economic equity.
The Ridgefield Supply Company, a lumber and building supply dealer, has its roots in a lumber company founded in 1883 and operates from its current location in downtown Ridgefield opposite the train station. Margaret Price, the granddaughter of company founder Louis H. Price, Sr., has run the Ridgefield Supply Company since she acquired the company from her father in 2011.
“Women-Owned Business Day has been always been a valuable event, and I thought showcasing Margaret and her work with Ridgefield Supply, a storied institution in Ridgefield, would be an exceptional representation of the success and innovation that women entrepreneurs can bring to businesses,” said Rep. Frey. “Margaret is an exemplary business owner who made a major investment in the property, including preserving and restoring the former Ridgefield Train Station building, and has broken barriers in a traditionally male-dominated industry.”
Rep. Frey and Price also had an opportunity to discuss the challenges faced by small business in Connecticut as well as policy issues affecting women business owners specifically. In addition to her role at Ridgefield Supply, Price also is active in Northeastern Retail Lumbermen’s Association and Lumber Dealers of CT.
“Ridgefield and the State of Connecticut need to cooperate with business owners like Margaret as extensively as possible,” said Rep. Frey. “Business owners put their personal lives on hold as they labor to build and grow their businesses. They are the people who can do the most to turn our state’s economy around if we work with them instead of making it harder for them to be competitive.”