The plumbing industry's second largest national supply house chain, Hughes Supply, is now owned by Home Depot - or soon will be, depending on when they wrap up all the legalities of the takeover. This was Home Depot's largest acquisition ever, costing around $3.5 billion. Hughes operates some 500 branches in 40 states with $4.4 billion in annual sales. Hughes is now part of Home Depot Supply, whose revenues are projected to shoot past $12 billion this year.
The best-read, most highly acclaimed series in the 47-year history of Supply House Times has been updated and made available to fill the gaping hole in the plumbing industry's product knowledge training.
Recently I visited a plumbing wholesaler that operates a number of high-end showrooms. Like almost every merchandising wholesaler, this company has procedures to include plumbing contractors in the sale.
For plumbers in Flint, Mich., “it’s been a heck of a year,” said Harold T. Harrington, a master plumber and pipefitter working as the business manager for Flint’s United Association of Plumbers and Pipefitters, Local 370. Read more stories in 2017 March Issue.