Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
ABC Supply Co history
ABC Supply Co company history timeline
Hendricks's acquisition spree continued in 1985 with the purchase of seven independent building centers and another seven former Genstar stores in November.
In the space of less than 34 months, Hendricks had opened or acquired 48 stores (or roughly one new center every three weeks). By the end of 1986, ABC's empire stood at 600 employees and revenues of $183 million, earning it first place on the Inc.'s prestigious list.
"The Biggest Small Company in America": 1987--89
In 1987 Hendricks and his wife Diane were named Ernst & Young's "Entrepreneurs of the Year" and stepped back to consolidate their gains.
The recession in the northeast presented Hendricks with new buying opportunities in that region, and by the end of 1991 ABC had expanded to 92 stores in a network that now reached coast to coast.
By September 1992 sales had vaulted to $750 million and Hendricks announced that, in keeping with the reclamation impulse that fueled ABC's sales, its new corporate office building would be erected in an abandoned manufacturing plant in downtown Beloit.
In 1995 Hendricks hired Jeff Stentz to head ABC's acquisitions program.
Roughly seven more acquisitions&mdashding another $150 million--were planned for 1997.
In 2016, ABC made the biggest acquisition in its history, buying L&W Supply for $674 million, adding interior products like drywall and steel framing to a portfolio that already included windows and sidings.
The privately-owned firm hauled in $7.2 billion in sales last year, giving Hendricks a net worth of $4.9 billion and a ranking of #122 on the 2017 Forbes 400 list.
Rate ABC Supply Co's efforts to communicate its history to employees.
ABC Supply Co jobs
Do you work at ABC Supply Co?
Is ABC Supply Co's vision a big part of strategic planning?
ABC Supply Co competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Kroger | 1883 | $147.1B | 465,000 | 8,749 |
| AutoZone | 1979 | $18.5B | 87,000 | 9,522 |
| General Motors | 1908 | $187.4B | 155,000 | 2,573 |
| Visteon | 2000 | $3.9B | 10,000 | - |
| R.J. Reynolds | 1875 | $5.4B | 4,000 | - |
| NASCAR | 1948 | $100.0M | 1,866 | 110 |
| Ashland | 1924 | $2.2B | 6,500 | 46 |
| CITGO Petroleum | 1910 | $24.1B | 3,400 | 2 |
| Crain Communications | 1916 | $250.0M | 1,045 | 17 |
| Pilot Flying J | 1958 | $21.2B | 26,001 | 1,407 |
ABC Supply Co history FAQs
Zippia gives an in-depth look into the details of ABC Supply Co, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ABC Supply Co. The employee data is based on information from people who have self-reported their past or current employments at ABC Supply Co. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ABC Supply Co. The data presented on this page does not represent the view of ABC Supply Co and its employees or that of Zippia.
ABC Supply Co may also be known as or be related to A B C Supply Co. Inc., ABC Supply, ABC Supply Co, ABC Supply Co Inc, ABC Supply Holding Corp. and Abc Supply.