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.
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