Concord, N.H.-based The Granite Group has spent 41 years growing its business and creating value for its vendors and its customers. Back in 1972, when Chairman P. Kevin Condron purchased Worcester, Mass.-based Central Supply Co., his eye was on nurturing his fledging business — with one location and $2 million in sales — so that it would flourish far into the future.
He accomplished this by acquiring a supply business here, starting a branch location there. In the recession of the early 1990s, the company’s sales went down 20% for four years and employees went from 180 to 90 people, Condron says. But it came out of that recession without closing any of its locations. And the company’s growth began increasing again.