Ferguson Enterprises Inc., headquartered in
Newport News, VirginiaNewport News is an independent city located in the Hampton Roads metropolitan area of Virginia. It is at the southeastern end of the Virginia Peninsula, on the north shore of the James River extending southeast from Skiffe's Creek along many miles of waterfront to the river's mouth at Newport News...
, is largest plumbing wholesaler in North America and a major distributor of HVAC/R equipment, waterworks and fire protection products, and industrial pipes, valves and fittings.
History
Ferguson was founded in 1953 by Charlie Ferguson, Ralph Lenz and Johnny Smithers. In 1982, the company was acquired by Wolseley plc but retained the name Ferguson Enterprises. Wolseley has approximately 47,000 employees operating in 25 countries and is listed on the London Stock Exchange (LSE: WOS) and is in the FTSE 100 index of listed companies.
Ferguson Today
Ferguson has sales of $8.8 billion and approximately 17,500 associates in 1,300 service centers located in all 50 states, the District of Columbia, Puerto Rico, Mexico and the Caribbean.
Corporate Governance
Frank Roach was appointed President and Chief Executive Officer in 2009. Kevin Murphy is the Chief Operating Officer and Dave Keltner is the Chief Financial Officer.
Branch Structure
Ferguson’s Distribution Centers use warehouse management technology to move material from nine major distribution hubs to Ferguson branch locations and customers across the continent. Ferguson branches are largely organized by customer type and most have a traditional counter. These locations have self-service capability and are primarily used by contractors. Ferguson also has almost 300
showrooms featuring plumbing fixtures, lighting and appliances.
Contributions to the Community
Ferguson supports many national, regional and local nonprofit organziations.
External links
The source of this article is
wikipedia, the free encyclopedia. The text of this article is licensed under the
GFDL.
