ABC Supply explained

ABC Supply Co., Inc.
Type:Private
Location City:Beloit, Wisconsin
Location Country:U.S.
Locations:970 stores [1]
Area Served:United States
Industry:Roof and building materials
Products:Building materials and tools
Revenue: (2023) [2]
Num Employees:20,000
Subsid:Bradco Supply

ABC Supply Co., Inc. is a major, private American roofing supply company based in Beloit, Wisconsin. It also sells windows, gutters, and siding for residential and commercial buildings and is the largest roofing and vinyl siding wholesale distributor in the United States.[3]

History

The company was founded in 1982 by Ken Hendricks and Diane Hendricks. It grew from a single store in Wisconsin to having over 700 branches in 49 states nationwide and sales of over 11 billion dollars.

ABC Supply has expanded from its original business.[4] In early 2010, the company acquired Bradco Supply, its largest acquisition to date.[5]

Annual sales topped $5.9 billion in 2015,[6] placing it 63rd on Forbes list of largest private companies in the United States.[6]

Following the accidental death of Ken Hendricks on December 21, 2007, company president David Luck was named CEO. Luck retired on December 31, 2013, and was replaced by Keith Rozolis.[7] [8]

In May 2020, one of the company's property locations was among those damaged by arson during the George Floyd protests in Minneapolis–Saint Paul.[9]

Awards and honors

The company has won the Gallup Great Workplace Award for the eleven consecutive years, from 2007 to 2017.[10]

Corporate sponsorship

It sponsored A. J. Foyt Enterprises' #14 and #4 IndyCar Series cars.

ABC Supply holds the naming rights for the upcoming ABC Supply Stadium; it is planned to be the new home field of the Beloit Snappers.[11]

Notes and References

  1. Web site: Respecting Contractors Since 1982 - 2023 . August 17, 2024.
  2. Web site: Respecting Contractors Since 1982 - 2023 . August 17, 2024.
  3. News: #69 ABC Supply . February 7, 2015 . Forbes . https://web.archive.org/web/20230911094120/https://www.forbes.com/lists/2010/21/private-companies-10_ABC-Supply_A4ZY.html . September 11, 2023 . dead .
  4. News: A Look at the Multitude of Companies and Subsidiaries under the Hendricks Umbrella. . September 17, 2012 . March 5, 2017.
  5. News: ABC Supply Acquires Bradco Supply . Jim Tierney . Multichannel Merchant . May 13, 2010 . March 5, 2017.
  6. News: #63 ABC Supply . Forbes . March 5, 2017.
  7. News: ABC Supply names successor to Hendricks. February 15, 2008. Milwaukee Business Journal.
  8. News: ABC's Top Eexecutive Will Retire . Beloit Daily News . November 5, 2013 . March 5, 2017.
  9. News: Penrod . Josh . Sinner . C.J. . 2020-07-13 . Buildings damaged in Minneapolis, St. Paul after riots . . 2022-05-05.
  10. Web site: 37 Workplaces That Stand Out From the Rest . Ed O'Boyle . Jim Harter . . April 18, 2017 . January 3, 2018 .
  11. News: Reichard . Kevin . New Beloit ballpark construction begins . July 25, 2020 . Ballpark Digest . June 15, 2020.