ABC Supply Co. Inc. (ABC) has planned a month-long "Founders'Celebration" this June to honor its co-founders, Ken and Diane Hendricks, and to highlight the core values the company is based on, the company has announced.
Special events will take place at all 350 ABC Supply locations nationwide and at the company's headquarters in Beloit, Wis.
Earlier this month, the company revealed it was acquiring rival Bradco Supply Corp. The move will create a super roofing and LBM distributor that's 25% bigger than the No. 1 company on the ProSales 100, with 479 locations in 45 states and combined sales of more than $4 billion.
In the latest ProSales 100, ABC ranked second overall with total 2009 sales of $2.68 billion while Avenel, N.J.-based Bradco ranked fourth with total 2009 sales of $1.46 billion.
In a statement released this morning, Kim Hendricks, vice president of organizational development at ABC said, "respect, opportunity, work hard - have fun, entrepreneurial spirit, family, give back and American pride" – are a reflection of Ken and Diane Hendricks'personal values.
David Luck, ABC Supply's CEO and president, said, "We believe that the success of ABC Supply has been the result of embracing the values that Ken promoted and encouraged every day and that Diane continues to champion."
Founder Ken Hendricks died in 2007.
"With Ken's passing in 2007, we felt we needed to formally identify and document the company's purpose, mission and values to ensure that they continue to be the foundation for the company's future growth and development," Luck added.
Each branch will plan and host its own Founders'Celebration events – one for associates and for its contractor customers, vendors and other community partners –; ensuring that the events reflect the store's unique personality, traditions, community and creative flair, the company said. Contractors and vendors are encouraged to contact their ABC Supply branch to get additional information about their local event and learn more about the Founders'Celebration.
The company will also unveil a new honor, the Ken Hendricks Award, which will be presented annually to individual associates, groups of associates, customers or vendors "who have consistently demonstrated the heart and character that is true to the core values of ABC Supply," Kim Hendricks said. "The award will recognize consistent excellence in performance, leadership, initiative, innovation or other contributions."
The inaugural Ken Hendricks Awards will be presented during Founders' Celebration 2011.