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The Home Depot Pro

The Home Depot Pro, headquartered in Jacksonville, Florida, is a wholesale distributor and direct marketer of maintenance, repair and operations (MRO) products for non-industrial businesses in the United States. The Home Depot Pro distributes products such as HVAC, janitorial supplies, plumbing supplies, and security supplies.

The Home Depot Pro
The Home Depot Pro headquarters in Jacksonville.
FormerlyInterline Brands
Company typeSubsidiary
IndustryWholesale
Distribution
Retail
FoundedWilmar Industries
1978; 46 years ago (1978)
Interline Brands, Inc.
2000; 24 years ago (2000)
The Home Depot Pro
2018; 6 years ago (2018)
Headquarters,
Area served
United States and Canada
ProductsPlumbing, electrical, security hardware, HVAC, janitorial & sanitary products
Number of employees
4,300
ParentThe Home Depot
SubsidiariesThe Home Depot Multifamily
The Home Depot Pro Specialty Trades
The Home Depot Pro Institutional
U.S. Lock
Websitehomedepotpro.com

The Home Depot Pro was established in 1978 formerly known as Wilmar Industries, founded by William S. Green. In 2000, Wilmar acquired Barnett together forming the company Interline Brands. Gradually, Interline Brands diversified their customer base through the acquisitions of Sexauer, Trayco, Barnett, U.S. Lock, Leran Gas Products, Maintenance USA, Hardware Express, and janitorial supply distributors AmSan, Clean Source and Jan Pak. In 2015, Interline Brands merged five of its janitorial brands into one unified brand called Supply Works.[1][2][3] On July 22, 2015, The Home Depot acquired Interline Brands for $1.6 billion. Interline Brands was rebranded in 2018 as The Home Depot Pro. The former brand names of Interline Brands were renamed to The Home Depot Pro Multifamily, The Home Depot Pro Speciality Trades, and The Home Depot Pro Institutional.[4]

History edit

Wilmar Industries edit

 
Wilmar delivery truck

The origin of Interline Brands first began with Wilmar Supply Company in 1978. Wilmar was a hardware store in Collingswood, New Jersey founded by William (Bill) Green and his father Martin Green.[5] To expand its business beyond retail it began selling MRO products to area apartment complexes and then expanded geographically by distributing to multi-family housing businesses. Wilmar went public in 1996 and purchased 14 regional competing businesses before acquiring the Sexauer Group, an established distributor of plumbing products to institutions, in 1999. A leveraged buyout in May 2000 took the company private in preparation for the next stage of growth.[6] Wilmar acquired Barnett, Inc. because the two businesses were very similar, but each targeted a different customer base. Wilmar's customers performed facility maintenance, while Barnett sold to locksmiths, retail hardware, and contractors.

Wilmar Industries acquired Barnett in September 2000 and renamed the umbrella company, Interline Brands in June 2001.[7] Their guiding principle was to "change as little as possible about the way our customers currently do business with us".[8]

Each of the businesses (including Sexauer) retained their identity from the customer's point of view, including salesmen, telephone numbers, products, etc. They realized the value of each company's brand, and preserved sales/marketing relationships built over the years. What did change was behind the scenes in accounting, distribution, and administration, realizing economies of scale. In 2000, Interline had a total of 76 distribution centers, which they were able to shrink to 56 in 2004. A 319,000 sq ft (29,600 m2) national distribution center in Nashville, Tennessee was opened in 2001, reducing the inventory required at the local distribution centers and improving delivery times.[7] In late 2004 Interline went public as NYSE: IBI but was later delisted in September 2012 to become privatized.[8][9]

Acquisitions and rebranding edit

To further expand the business of Interline the firm acquired several distributors of cleaning supplies. It first acquired American Sanitary or AmSan in May 2006 for $127.5 million along with AmSan's own line of products called Renown. Renown has base products such as toilet paper, paper towels, brooms, and cleaning agents. In the 1990s AmSan became a conglomerate by buying 44 independent janitor and sanitary distributors. Some of AmSan's acquisitions are AmSan Eve, AmSan Vonachen-Elton, AmSan Nogg Chemical & Paper, and AmSan West. In 2002 Michael Mulhern became CEO of AmSan. Mulhern moved the headquarters of AmSan from Raleigh, North Carolina to Chicago, Illinois. Under Mulhern AmSan underwent a series of reforms dedicated to increasing profitability. AmSan turned over 40% of its top 35 executives, downsized its office operations, and downsized under-performing distribution centers. By 2005 AmSan had revenues totaling $300 million.[10] American Capital invested $25 million in the recapitalization of AmSan in 2005.[11][12] AmSan West, which has operations in Sacramento and Los Angeles, was not acquired by Interline Brands.[13] In 2008 AmSan established a sales and distribution territory in Columbus, Cleveland, Pittsburgh, Atlanta and Nashville.[14][15][16][17] In 2009 a showroom and walk-in store was established in Fort Myers, Florida.[18][19]

 
JanPak in West Columbia, South Carolina

Cleansource, a regional distributor of JanSan products, was acquired in October 2010 for $60.1 million.[20] CleanSource was founded in 1956 in San Jose, California. It distributes janitorial, food service supplies, and MRO products.[21] Customers of CleanSource consist of healthcare, education, and institutional facilities. In 2010 CleanSource generated around $115 million in sales.[22]

A regional supplier of cleaning and packaging solutions called JanPak was acquired in 2012 for $82 million. JanPak was founded in 1945 in Bluefield, West Virginia by James Shott, H. I. Shott, Jr., James Tilson, L. M. Kerley Sr. and B. L. Early.[23] It was first called Paper Supply Company until 2000 when the name changed to JanPak Inc. Mike Shott, James Shott's grandson, was serving as company chair of the board directors at the time of the name change to JanPak.[24] The name changed to JanPak to unite its sister branches such as Charlotte Paper Company or Greenville Paper Company who each were known by a different name.[25][26]

On March 16, 2015, Interline merged AmSan, CleanSource, JanPak, Trayco, and Sexauer into a new national brand called SupplyWorks.[27] AF Lighting was also sold to Almo Corporation in March 2015 because lighting was a minimal part of the business of Interline Brands.[28]

Purchase by The Home Depot and rebranding edit

The Home Depot acquired Interline Brands in July 2015 for $1.6 billion from P2 Capital Partners, Goldman Sachs' private equity arm, and the management of Interline Brands. The acquisition of Interline Brands allows The Home Depot access to expand its business to the multi-family sector, hospitality, and industrial area. Craig Menear, CEO of The Home Depot, says that the purchase gives The Home Depot more opportunity to expand in the maintenance, repair, and operations sector that was previously not successful.[4][29] In January 2016 Michael Grebe retired leaving Kenneth Sweder as the new CEO.[30] In 2017 Interline Brands was renamed to The Home Depot Pro including its brand names except for U.S. Lock. Wilmar Industries was renamed to The Home Depot Pro Multifamily. Barnett was renamed to The Home Depot Pro Specialty Trades. SupplyWorks was renamed to The Home Depot Pro Institutional.[31]

Operations edit

 
The Home Depot Pro Institutional warehouse.

The company staffs 30 showrooms throughout North America with 70 strategically placed distribution centers stocking over 30,000 products under the brands Wilmar, Barnett, SupplyWorks, Hardware Express, Maintenance USA, U.S. Lock, and Copperfield.[2] Its customer base includes:

  • Facilities maintenance businesses servicing multi-family housing facilities, educational institutions, lodging and healthcare facilities, government properties and building service contractors
  • Professional contractors who repair, remodel and build residential and non-industrial facilities
  • Specialty distributors, including plumbing and hardware retailers.

The Interline companies offer plumbing, electrical, HVAC, security hardware and janitorial products, but nearly half of Interline's sales are plumbing products. Their goal is to provide premium products at competitive prices with same or next-day delivery. "Get It Right. Get It Now." is the company slogan. Products are sold using multiple channels: direct sales by national account representatives or field representatives, telephone sales, customer service representatives, direct marketing through flyers & catalogs, "pro centers", vendor managed inventory, and Internet-based service.[32] Most Interline Distribution Centers include a customer center for over-the-counter sales which Barnett customers prefer. In markets with a large customer base but no distribution center, Interline would look for an existing single-location supply house that could be purchased and turned into a "pro center"—a small contractor showroom and pickup facility that stocks high turnover items.[7] Next day delivery is shipped using Interline Brands delivery trucks. Third party carriers such as UPS and Saia are also used for customers outside of the next day service area. There are also will call or pick up locations at most Interline Brands locations. [33][34][35]

Interline Brands contains eight brand names to serve contractors, specialty distributors, housing maintenance and janitorial needs. The products from these brands are stored in distribution centers and contractor showrooms in the United States and Canada.[36]

Internationally edit

Canada edit

In Ontario, Interline Brands has a distribution center in Mississauga under the Barnett and Sexauer brand. Sexauer, a brand of Interline Brands, had a distribution center in Edmonton and Toronto.[37]

The Home Depot Pro Multifamily edit

Wilmar Industries
 
IndustryWholesale
Distribution
Retail
Founded1978; 46 years ago (1978)
Collingswood, New Jersey
FounderWilliam "Bill" Green
Martin Green
SuccessorThe Home Depot Pro Multifamily
ProductsMaintenance, repair and operations
Websitewww.wilmar.com
 
The Home Depot Pro distribution center in Doraville, Georgia.

The Home Depot Pro Multifamily first began as Wilmar Supply Company in 1978 by William Green and Martin Green in Collingswood, New Jersey as a hardware store. Wilmar expanded its retail business by selling MRO products to apartment complexes and multi-family housing.[38][39] In 1986 William Green became CEO of Wilmar and in 1993 William bought out Martin's interests in Wilmar. The annual revenues of Wilmar escalated from $24.52 million in 1993 to $100.64 million in 1997. In the same year The Pier-Angeli Group, Lindley Plumbing, and Supply Company and Management Supply Company were acquired by Wilmar as part of its strategy of expanding to new markets through the fragmented industry. On January 24, 1996 Wilmar went public and raise over $47 million.[40] Wilmar expanded into the institutional and lodging facilities by acquiring Sexauer and Trayco in December 1999 for $85 million.[41] Wilmar also acquired Ace Maintenance Mart USA, Inc. in 1999.

On January 24, 1996 Wilmar went public as (NASDAQ:WLMR) and raised over $47 million.[42] Wilmar expanded into the institutional and lodging facilities by acquiring Sexauer and Trayco in December 1999 for $85 million. Wilmar went private in May 2000 by investment groups that include Parthenon Capital, The Chase Manhattan Bank (now known as JPMorgan Chase Bank) as trustee for First Plaza Group Trust (a GM Pension Fund), Sterling Investment Partners, BancBoston Capital and Svoboda Capital, LLC. William Green still retained the position of CEO William Green.[43][44] In 2000 Wilmar, based in Moorestown, New Jersey, purchased Barnett, Inc. for $214 million.[45] Wilmar and its acquisitions became an umbrella company under the name Interline Brands in 2001.[46] Michael J. Grebe became CEO of Wilmar in January 2002 and continued to be CEO until January 1, 2016. After Wilmar acquired Barnett the two companies began a program of integrating operations into streamlining the distribution operations. The logo of Interline Brands is colored after Wilmar with red, black and white.[47]

Maintenance USA edit

Maintenance USA is a low price supplier of maintenance, repair and operations products. It was founded in 1974 as Ace Maintenance Mart USA in San Diego, California and acquired by Wilmar in 1999.[48][49][50]

Sexauer edit

J. A. Sexauer Manufacturing Company was founded in 1921 in Scarsdale, New York by James A. Sexauer. Sexauer was a specialty plumbing parts repair manufacturer and distributor. In December 1999 Wilmar Industries acquired Sexauer from the Dyson-Kissner-Moran Corp. for $85 million. J.A. Sexauer's subsidiary Sexauer, Ltd., based in Toronto, was also acquired by Wilmar. The acquisitions of J.A. Sexauer Manufacturing, Sexauer Ltd., and a similar business called Trayco by Wilmar were referred to as the Sexauer Group.[41] In 2000 Wilmar and Barnett merged to form an umbrella company called Interline Brands.[46] In March 2010 Sexauer added Kohler plumbing products to its plumbing inventory. It is now part of SupplyWorks which then became part of The Home Depot Pro Institutional.[51]

Trayco edit

Trayco was founded in 1993 in Florence, South Carolina. Trayco distributes plumbing supplies, light fixtures, and maintenance parts to wholesale retailers or housing units. It is now part of SupplyWorks.[52]

U.S. Lock edit

 
Logo of U.S. Lock.

U.S. Lock has a wide variety of security locks and accessories from padlocks to door handles. The five national distribution centers for U.S. Lock are located in Brentwood, San Bernardino, Louisville, Charlotte and Jacksonville. U.S. Lock first began as Lawrence Locksmith Supply Corporation in 1974 in Rockville Centre, New York. In 1988 it was acquired by Waxman Industries, Inc. and renamed U.S. Lock.[53] In 1998 Barnett, Inc. acquired U.S. Lock from Waxman Industries, Inc. for $33 million. U.S. Lock is the only former brand of Interline Brands that retained its name after the acquisition by The Home Depot.[54]

The Home Depot Pro Specialty Trades edit

 
The Home Depot Pro distribution center in Jacksonville, Florida.
Barnett
 
IndustryWholesale
Distribution
Retail
Founded1958; 66 years ago (1958)
Jacksonville, Florida
SuccessorThe Home Depot Pro Specialty Trades
ProductsMaintenance, repair and operations
Websitewww.ebarnett.com
Leran Gas Products
 
IndustryWholesale
Distribution
Retail
Founded1968; 56 years ago (1968)
ProductsPropane accessories
Websitewww.e-leran.com

The Home Depot Pro Specialty Trades first began as Barnett in 1958 as Barnett Tube Fitting and Valve Company by the Leonard Barnett family. The initial purpose of Barnett was to supply copper tubing to customers through its catalog. In 1972 Barnett changed to Barnett Brass & Copper.[55] Barnett was acquired by Waxman Industries for $12.5 million giving Barnett access to the mail-order market. Waxman Industries formed Barnett, Inc. in 1993 and two years later it reached $100 million in sales.

In April 1996 Barnett went public and completed its IPO.[56] Learn Gas Products was acquired by Barnett from Waxman Industries. In November 1997 Forbes ranked Barnett as 60th of the Top 200 Best Small Companies in America. By the end of 1997, Barnett had mailed over 4.5 million flyers for its new 1,800 products. The result of the mailings added 38,000 new customers. In 1998 Barnett, Inc. acquired U.S. Lock from Waxman Industries, Inc. for $33 million. Barnett established its headquarters in the LaVilla neighborhood in downtown Jacksonville, Florida in May 1998.[57] By the end of 1998 Barnett also acquired U.S. Lock from Waxman Industries for $33 million.[58]

Waxman Industries, which owned 44% of Barnett, underwent a plan of financial restructuring that included the sale of its Barnett stock by December 2000. With Barnett now private the New Jersey company Wilmar Industries acquired Barnett in 2000 for $214 million due to its similar operations.[46][59]

Leran Gas Products edit

Leran Gas Products was established in 1968 as a business-to-business distributor of propane gas products to the liquefied petroleum gas industry of the United States. It is the only national distributor of propane gas products such as Noritz, Tracpipe, and Marshall Excelsior.[60] Barnett acquired Leran Gas Products in 1997.[61]

Hardware Express edit

Hardware Express is a supplier for hardware retailers and wholesalers that focuses on a quick response to high-velocity items and daily deliveries. Products of Hardware Express are sold through a 17,000 item catalog, direct mail marketing, inside sales representatives, or online. Hardware Express was acquired by Barnett and is a brand of Interline Brands.[62]

The Home Depot Pro Institutional edit

 
The Home Depot Pro Institutional in Greenville
The Home Depot Pro Institutional
 
FormerlySupplyWorks
Company typeSubsidiary
IndustryWholesale
Distribution
Retail
PredecessorSexauer
JanPak
AmSan
CleanSource
Trayco
Founded2015; 9 years ago (2015)
ProductsJanitorial, sanitary, packaging, MRO, disposable food packaging
Websitewww.supplyworks.com
 
Corrugated boxes from a SupplyWorks warehouse.

The Home Depot Pro Institutional first began as the Interline Brands subsidiary SupplyWorks. SupplyWorks was the result of five previous brands acquired over time by Interline Brands and merged into one unified brand. The re-branding makes SupplyWorks easier to grow under one brand instead of multiple brands.[63] President & COO President & COO Kenneth Sweder says on the creation of SupplyWorks, "The launch of SupplyWorks punctuates the growth strategy we've been pursuing to build a leading share position in the highly fragmented institutional facilities maintenance end market". The products of SupplyWorks produce $850 million, making up half of Interline Brands annual revenue.[64] Supply stands for products and the Works represent everything the products do for the customer.[65]

The products of SupplyWorks consist of a variety of cleaning solutions and janitorial supplies. There are over 3,000 brand supply partners of SupplyWorks such as Georgia-Pacific, Dart Container, 3M, Diversey, Kimberly-Clark and Spartan.[66][67] SupplyWorks also has products unrelated to janitorial brands such as corrugated boxes, disposable food packaging and MRO products.[68] Products can be purchased online or through a sales representative.[33][34][35] After The Home Depot acquired Interline Brands it had also acquired the SupplyWorks brand. The Home Depot renamed SupplyWorks to The Home Depot Pro Institutional in 2019.

Operations edit

SupplyWorks has over 68 distribution centers throughout the United States along with 100 delivery vehicles. Next day delivery is shipped using SupplyWorks delivery trucks. Third party carriers such as UPS is also used for customers outside of the next day service area. There are also will call or pick up locations at most SupplyWorks locations. The customer base of SupplyWorks is property management, contractors, health care and educational facilities.

 
The logo of SupplyWorks.

Marketing edit

After the re-branding of JanPak, CleanSource, Trayco, AmSan, and Sexauer into SupplyWorks, the new company applied a marketing strategy to increase revenue with expanded customers. The announcement of the new brand SupplyWorks was made at EverBank Field, with fireworks and a promotional video on the scoreboard to start the new brand announcement. CEO Michael Grebe said that "it's easier to grow one brand instead of five."[69] The SupplyWorks brand is also advertised on the scoreboard during Jacksonville Jaguars games. By being under one unified brand, SupplyWorks can now nationalize the commercial building supply business. The AmSan brand Renown is still distributed by SupplyWorks and marketed under Interline Brands.[70]

The company has a website and mobile app, with customer tools to create favorites lists, custom catalogs, and bin labels.

Exclusive Products edit

 
ProPlus, Sentinel, Legend Force, and Appeal products.

Interline Brands has several exclusive products streamlined under Wilmar, Barnett, Maintenance USA, Hardware Express, US Lock and SupplyWorks.

Renown edit

Renown is a private-label product owned by Interline Brands since the acquisition of AmSan in 2006. Renown consists of cleaning and janitorial products, such as trash bags, paper towels, toilet paper, cleaning agents, rubber gloves, and mops. It is currently marketed under the SupplyWorks brand.[10][71]

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Wilmar Industries changes its name from Wilmar Industries Inc to Interline Brands Inc https://www.sec.gov/Archives/edgar/data/1250189/000095014203001142/forms-4.txt

External links edit

  • Official website

home, depot, headquartered, jacksonville, florida, wholesale, distributor, direct, marketer, maintenance, repair, operations, products, industrial, businesses, united, states, distributes, products, such, hvac, janitorial, supplies, plumbing, supplies, securit. The Home Depot Pro headquartered in Jacksonville Florida is a wholesale distributor and direct marketer of maintenance repair and operations MRO products for non industrial businesses in the United States The Home Depot Pro distributes products such as HVAC janitorial supplies plumbing supplies and security supplies The Home Depot ProThe Home Depot Pro headquarters in Jacksonville FormerlyInterline BrandsCompany typeSubsidiaryIndustryWholesaleDistributionRetailFoundedWilmar Industries1978 46 years ago 1978 Interline Brands Inc 2000 24 years ago 2000 The Home Depot Pro2018 6 years ago 2018 HeadquartersJacksonville Florida U S Area servedUnited States and CanadaProductsPlumbing electrical security hardware HVAC janitorial amp sanitary productsNumber of employees4 300ParentThe Home DepotSubsidiariesThe Home Depot MultifamilyThe Home Depot Pro Specialty TradesThe Home Depot Pro InstitutionalU S LockWebsitehomedepotpro wbr com The Home Depot Pro was established in 1978 formerly known as Wilmar Industries founded by William S Green In 2000 Wilmar acquired Barnett together forming the company Interline Brands Gradually Interline Brands diversified their customer base through the acquisitions of Sexauer Trayco Barnett U S Lock Leran Gas Products Maintenance USA Hardware Express and janitorial supply distributors AmSan Clean Source and Jan Pak In 2015 Interline Brands merged five of its janitorial brands into one unified brand called Supply Works 1 2 3 On July 22 2015 The Home Depot acquired Interline Brands for 1 6 billion Interline Brands was rebranded in 2018 as The Home Depot Pro The former brand names of Interline Brands were renamed to The Home Depot Pro Multifamily The Home Depot Pro Speciality Trades and The Home Depot Pro Institutional 4 Contents 1 History 1 1 Wilmar Industries 1 2 Acquisitions and rebranding 1 3 Purchase by The Home Depot and rebranding 2 Operations 2 1 Internationally 2 1 1 Canada 3 The Home Depot Pro Multifamily 3 1 Maintenance USA 3 2 Sexauer 3 3 Trayco 4 U S Lock 5 The Home Depot Pro Specialty Trades 5 1 Leran Gas Products 5 2 Hardware Express 6 The Home Depot Pro Institutional 6 1 Operations 6 2 Marketing 7 Exclusive Products 7 1 Renown 8 References 9 External linksHistory editWilmar Industries edit nbsp Wilmar delivery truck The origin of Interline Brands first began with Wilmar Supply Company in 1978 Wilmar was a hardware store in Collingswood New Jersey founded by William Bill Green and his father Martin Green 5 To expand its business beyond retail it began selling MRO products to area apartment complexes and then expanded geographically by distributing to multi family housing businesses Wilmar went public in 1996 and purchased 14 regional competing businesses before acquiring the Sexauer Group an established distributor of plumbing products to institutions in 1999 A leveraged buyout in May 2000 took the company private in preparation for the next stage of growth 6 Wilmar acquired Barnett Inc because the two businesses were very similar but each targeted a different customer base Wilmar s customers performed facility maintenance while Barnett sold to locksmiths retail hardware and contractors Wilmar Industries acquired Barnett in September 2000 and renamed the umbrella company Interline Brands in June 2001 7 Their guiding principle was to change as little as possible about the way our customers currently do business with us 8 Each of the businesses including Sexauer retained their identity from the customer s point of view including salesmen telephone numbers products etc They realized the value of each company s brand and preserved sales marketing relationships built over the years What did change was behind the scenes in accounting distribution and administration realizing economies of scale In 2000 Interline had a total of 76 distribution centers which they were able to shrink to 56 in 2004 A 319 000 sq ft 29 600 m2 national distribution center in Nashville Tennessee was opened in 2001 reducing the inventory required at the local distribution centers and improving delivery times 7 In late 2004 Interline went public as NYSE IBI but was later delisted in September 2012 to become privatized 8 9 Acquisitions and rebranding edit To further expand the business of Interline the firm acquired several distributors of cleaning supplies It first acquired American Sanitary or AmSan in May 2006 for 127 5 million along with AmSan s own line of products called Renown Renown has base products such as toilet paper paper towels brooms and cleaning agents In the 1990s AmSan became a conglomerate by buying 44 independent janitor and sanitary distributors Some of AmSan s acquisitions are AmSan Eve AmSan Vonachen Elton AmSan Nogg Chemical amp Paper and AmSan West In 2002 Michael Mulhern became CEO of AmSan Mulhern moved the headquarters of AmSan from Raleigh North Carolina to Chicago Illinois Under Mulhern AmSan underwent a series of reforms dedicated to increasing profitability AmSan turned over 40 of its top 35 executives downsized its office operations and downsized under performing distribution centers By 2005 AmSan had revenues totaling 300 million 10 American Capital invested 25 million in the recapitalization of AmSan in 2005 11 12 AmSan West which has operations in Sacramento and Los Angeles was not acquired by Interline Brands 13 In 2008 AmSan established a sales and distribution territory in Columbus Cleveland Pittsburgh Atlanta and Nashville 14 15 16 17 In 2009 a showroom and walk in store was established in Fort Myers Florida 18 19 nbsp JanPak in West Columbia South Carolina Cleansource a regional distributor of JanSan products was acquired in October 2010 for 60 1 million 20 CleanSource was founded in 1956 in San Jose California It distributes janitorial food service supplies and MRO products 21 Customers of CleanSource consist of healthcare education and institutional facilities In 2010 CleanSource generated around 115 million in sales 22 A regional supplier of cleaning and packaging solutions called JanPak was acquired in 2012 for 82 million JanPak was founded in 1945 in Bluefield West Virginia by James Shott H I Shott Jr James Tilson L M Kerley Sr and B L Early 23 It was first called Paper Supply Company until 2000 when the name changed to JanPak Inc Mike Shott James Shott s grandson was serving as company chair of the board directors at the time of the name change to JanPak 24 The name changed to JanPak to unite its sister branches such as Charlotte Paper Company or Greenville Paper Company who each were known by a different name 25 26 On March 16 2015 Interline merged AmSan CleanSource JanPak Trayco and Sexauer into a new national brand called SupplyWorks 27 AF Lighting was also sold to Almo Corporation in March 2015 because lighting was a minimal part of the business of Interline Brands 28 Purchase by The Home Depot and rebranding edit The Home Depot acquired Interline Brands in July 2015 for 1 6 billion from P2 Capital Partners Goldman Sachs private equity arm and the management of Interline Brands The acquisition of Interline Brands allows The Home Depot access to expand its business to the multi family sector hospitality and industrial area Craig Menear CEO of The Home Depot says that the purchase gives The Home Depot more opportunity to expand in the maintenance repair and operations sector that was previously not successful 4 29 In January 2016 Michael Grebe retired leaving Kenneth Sweder as the new CEO 30 In 2017 Interline Brands was renamed to The Home Depot Pro including its brand names except for U S Lock Wilmar Industries was renamed to The Home Depot Pro Multifamily Barnett was renamed to The Home Depot Pro Specialty Trades SupplyWorks was renamed to The Home Depot Pro Institutional 31 Operations edit nbsp The Home Depot Pro Institutional warehouse The company staffs 30 showrooms throughout North America with 70 strategically placed distribution centers stocking over 30 000 products under the brands Wilmar Barnett SupplyWorks Hardware Express Maintenance USA U S Lock and Copperfield 2 Its customer base includes Facilities maintenance businesses servicing multi family housing facilities educational institutions lodging and healthcare facilities government properties and building service contractors Professional contractors who repair remodel and build residential and non industrial facilities Specialty distributors including plumbing and hardware retailers The Interline companies offer plumbing electrical HVAC security hardware and janitorial products but nearly half of Interline s sales are plumbing products Their goal is to provide premium products at competitive prices with same or next day delivery Get It Right Get It Now is the company slogan Products are sold using multiple channels direct sales by national account representatives or field representatives telephone sales customer service representatives direct marketing through flyers amp catalogs pro centers vendor managed inventory and Internet based service 32 Most Interline Distribution Centers include a customer center for over the counter sales which Barnett customers prefer In markets with a large customer base but no distribution center Interline would look for an existing single location supply house that could be purchased and turned into a pro center a small contractor showroom and pickup facility that stocks high turnover items 7 Next day delivery is shipped using Interline Brands delivery trucks Third party carriers such as UPS and Saia are also used for customers outside of the next day service area There are also will call or pick up locations at most Interline Brands locations 33 34 35 Interline Brands contains eight brand names to serve contractors specialty distributors housing maintenance and janitorial needs The products from these brands are stored in distribution centers and contractor showrooms in the United States and Canada 36 Internationally edit Canada edit In Ontario Interline Brands has a distribution center in Mississauga under the Barnett and Sexauer brand Sexauer a brand of Interline Brands had a distribution center in Edmonton and Toronto 37 The Home Depot Pro Multifamily editWilmar Industries nbsp IndustryWholesaleDistributionRetailFounded1978 46 years ago 1978 Collingswood New JerseyFounderWilliam Bill GreenMartin GreenSuccessorThe Home Depot Pro MultifamilyProductsMaintenance repair and operationsWebsitewww wbr wilmar wbr com nbsp The Home Depot Pro distribution center in Doraville Georgia The Home Depot Pro Multifamily first began as Wilmar Supply Company in 1978 by William Green and Martin Green in Collingswood New Jersey as a hardware store Wilmar expanded its retail business by selling MRO products to apartment complexes and multi family housing 38 39 In 1986 William Green became CEO of Wilmar and in 1993 William bought out Martin s interests in Wilmar The annual revenues of Wilmar escalated from 24 52 million in 1993 to 100 64 million in 1997 In the same year The Pier Angeli Group Lindley Plumbing and Supply Company and Management Supply Company were acquired by Wilmar as part of its strategy of expanding to new markets through the fragmented industry On January 24 1996 Wilmar went public and raise over 47 million 40 Wilmar expanded into the institutional and lodging facilities by acquiring Sexauer and Trayco in December 1999 for 85 million 41 Wilmar also acquired Ace Maintenance Mart USA Inc in 1999 On January 24 1996 Wilmar went public as NASDAQ WLMR and raised over 47 million 42 Wilmar expanded into the institutional and lodging facilities by acquiring Sexauer and Trayco in December 1999 for 85 million Wilmar went private in May 2000 by investment groups that include Parthenon Capital The Chase Manhattan Bank now known as JPMorgan Chase Bank as trustee for First Plaza Group Trust a GM Pension Fund Sterling Investment Partners BancBoston Capital and Svoboda Capital LLC William Green still retained the position of CEO William Green 43 44 In 2000 Wilmar based in Moorestown New Jersey purchased Barnett Inc for 214 million 45 Wilmar and its acquisitions became an umbrella company under the name Interline Brands in 2001 46 Michael J Grebe became CEO of Wilmar in January 2002 and continued to be CEO until January 1 2016 After Wilmar acquired Barnett the two companies began a program of integrating operations into streamlining the distribution operations The logo of Interline Brands is colored after Wilmar with red black and white 47 Maintenance USA edit Maintenance USA is a low price supplier of maintenance repair and operations products It was founded in 1974 as Ace Maintenance Mart USA in San Diego California and acquired by Wilmar in 1999 48 49 50 Sexauer edit J A Sexauer Manufacturing Company was founded in 1921 in Scarsdale New York by James A Sexauer Sexauer was a specialty plumbing parts repair manufacturer and distributor In December 1999 Wilmar Industries acquired Sexauer from the Dyson Kissner Moran Corp for 85 million J A Sexauer s subsidiary Sexauer Ltd based in Toronto was also acquired by Wilmar The acquisitions of J A Sexauer Manufacturing Sexauer Ltd and a similar business called Trayco by Wilmar were referred to as the Sexauer Group 41 In 2000 Wilmar and Barnett merged to form an umbrella company called Interline Brands 46 In March 2010 Sexauer added Kohler plumbing products to its plumbing inventory It is now part of SupplyWorks which then became part of The Home Depot Pro Institutional 51 Trayco edit Trayco was founded in 1993 in Florence South Carolina Trayco distributes plumbing supplies light fixtures and maintenance parts to wholesale retailers or housing units It is now part of SupplyWorks 52 U S Lock edit nbsp Logo of U S Lock U S Lock has a wide variety of security locks and accessories from padlocks to door handles The five national distribution centers for U S Lock are located in Brentwood San Bernardino Louisville Charlotte and Jacksonville U S Lock first began as Lawrence Locksmith Supply Corporation in 1974 in Rockville Centre New York In 1988 it was acquired by Waxman Industries Inc and renamed U S Lock 53 In 1998 Barnett Inc acquired U S Lock from Waxman Industries Inc for 33 million U S Lock is the only former brand of Interline Brands that retained its name after the acquisition by The Home Depot 54 The Home Depot Pro Specialty Trades edit nbsp The Home Depot Pro distribution center in Jacksonville Florida Barnett nbsp IndustryWholesaleDistributionRetailFounded1958 66 years ago 1958 Jacksonville FloridaSuccessorThe Home Depot Pro Specialty TradesProductsMaintenance repair and operationsWebsitewww wbr ebarnett wbr com Leran Gas Products nbsp IndustryWholesaleDistributionRetailFounded1968 56 years ago 1968 ProductsPropane accessoriesWebsitewww wbr e leran wbr com The Home Depot Pro Specialty Trades first began as Barnett in 1958 as Barnett Tube Fitting and Valve Company by the Leonard Barnett family The initial purpose of Barnett was to supply copper tubing to customers through its catalog In 1972 Barnett changed to Barnett Brass amp Copper 55 Barnett was acquired by Waxman Industries for 12 5 million giving Barnett access to the mail order market Waxman Industries formed Barnett Inc in 1993 and two years later it reached 100 million in sales In April 1996 Barnett went public and completed its IPO 56 Learn Gas Products was acquired by Barnett from Waxman Industries In November 1997 Forbes ranked Barnett as 60th of the Top 200 Best Small Companies in America By the end of 1997 Barnett had mailed over 4 5 million flyers for its new 1 800 products The result of the mailings added 38 000 new customers In 1998 Barnett Inc acquired U S Lock from Waxman Industries Inc for 33 million Barnett established its headquarters in the LaVilla neighborhood in downtown Jacksonville Florida in May 1998 57 By the end of 1998 Barnett also acquired U S Lock from Waxman Industries for 33 million 58 Waxman Industries which owned 44 of Barnett underwent a plan of financial restructuring that included the sale of its Barnett stock by December 2000 With Barnett now private the New Jersey company Wilmar Industries acquired Barnett in 2000 for 214 million due to its similar operations 46 59 Leran Gas Products edit Leran Gas Products was established in 1968 as a business to business distributor of propane gas products to the liquefied petroleum gas industry of the United States It is the only national distributor of propane gas products such as Noritz Tracpipe and Marshall Excelsior 60 Barnett acquired Leran Gas Products in 1997 61 Hardware Express edit Hardware Express is a supplier for hardware retailers and wholesalers that focuses on a quick response to high velocity items and daily deliveries Products of Hardware Express are sold through a 17 000 item catalog direct mail marketing inside sales representatives or online Hardware Express was acquired by Barnett and is a brand of Interline Brands 62 The Home Depot Pro Institutional edit nbsp The Home Depot Pro Institutional in Greenville The Home Depot Pro Institutional nbsp FormerlySupplyWorksCompany typeSubsidiaryIndustryWholesaleDistributionRetailPredecessorSexauerJanPakAmSanCleanSourceTraycoFounded2015 9 years ago 2015 ProductsJanitorial sanitary packaging MRO disposable food packagingWebsitewww wbr supplyworks wbr com nbsp Corrugated boxes from a SupplyWorks warehouse The Home Depot Pro Institutional first began as the Interline Brands subsidiary SupplyWorks SupplyWorks was the result of five previous brands acquired over time by Interline Brands and merged into one unified brand The re branding makes SupplyWorks easier to grow under one brand instead of multiple brands 63 President amp COO President amp COO Kenneth Sweder says on the creation of SupplyWorks The launch of SupplyWorks punctuates the growth strategy we ve been pursuing to build a leading share position in the highly fragmented institutional facilities maintenance end market The products of SupplyWorks produce 850 million making up half of Interline Brands annual revenue 64 Supply stands for products and the Works represent everything the products do for the customer 65 This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view October 2018 Learn how and when to remove this message The products of SupplyWorks consist of a variety of cleaning solutions and janitorial supplies There are over 3 000 brand supply partners of SupplyWorks such as Georgia Pacific Dart Container 3M Diversey Kimberly Clark and Spartan 66 67 SupplyWorks also has products unrelated to janitorial brands such as corrugated boxes disposable food packaging and MRO products 68 Products can be purchased online or through a sales representative 33 34 35 After The Home Depot acquired Interline Brands it had also acquired the SupplyWorks brand The Home Depot renamed SupplyWorks to The Home Depot Pro Institutional in 2019 Operations edit SupplyWorks has over 68 distribution centers throughout the United States along with 100 delivery vehicles Next day delivery is shipped using SupplyWorks delivery trucks Third party carriers such as UPS is also used for customers outside of the next day service area There are also will call or pick up locations at most SupplyWorks locations The customer base of SupplyWorks is property management contractors health care and educational facilities nbsp The logo of SupplyWorks Marketing edit After the re branding of JanPak CleanSource Trayco AmSan and Sexauer into SupplyWorks the new company applied a marketing strategy to increase revenue with expanded customers The announcement of the new brand SupplyWorks was made at EverBank Field with fireworks and a promotional video on the scoreboard to start the new brand announcement CEO Michael Grebe said that it s easier to grow one brand instead of five 69 The SupplyWorks brand is also advertised on the scoreboard during Jacksonville Jaguars games By being under one unified brand SupplyWorks can now nationalize the commercial building supply business The AmSan brand Renown is still distributed by SupplyWorks and marketed under Interline Brands 70 The company has a website and mobile app with customer tools to create favorites lists custom catalogs and bin labels Exclusive Products edit nbsp ProPlus Sentinel Legend Force and Appeal products Interline Brands has several exclusive products streamlined under Wilmar Barnett Maintenance USA Hardware Express US Lock and SupplyWorks Anvil Mark Door hardware Appeal Paper towels Toilet paper Bala Ceiling fans Designer s Touch Window blinds DuraPro Toilet accessories Garrison HVAC units Legend Door handles Legend Force Safety accessories Monument Exhaust and ventiliation fans Premier Plumbing supplies Preferred Industries AC power plugs and sockets accessories PremierPlus Bathroom accessories Piping and plumbing fitting Plumbing supplies ProPlus Bathroom accessories Sentinel Smoke detectors and Carbon monoxide detectors Yukon Renown edit Renown is a private label product owned by Interline Brands since the acquisition of AmSan in 2006 Renown consists of cleaning and janitorial products such as trash bags paper towels toilet paper cleaning agents rubber gloves and mops It is currently marketed under the SupplyWorks brand 10 71 References edit Funk Dale Interline Brands Files for IPO Electrical Wholesaling July 1 2004 a b Interline Brands Inc Hoovers Business Intelligence Company overview Company Profile Interline Brands Interline Brands Retrieved June 24 2015 a b Bray Chad July 22 2015 Home Depot to Buy Interline Brands for 1 6 Billion in Cash New York Times Retrieved July 22 2015 William S Green Philadelphia Business Journal September 29 1997 Retrieved November 13 2015 Wilmar Industries completes Acquisition of Barnett Inc Svoboda Retrieved November 13 2015 a b c Olsztynski Jim Interline Brands Unique Vision Supply House Times May 4 2004 a b History Interline Brands About Us Interline Brands Inc Archived 2014 11 29 at the Wayback Machine Interline Brands Inc Stockholders Approve Adoption of Merger Agreement August 28 2012 a b Sanders Seiche October 1 2005 AmSan On the Record An Interview with Michael Mulhern Cleanlink Retrieved 6 May 2016 American Capital Invests 25 Million in Leading Distributor of Janitorial and Sanitary Products American Capital July 8 2005 Retrieved 5 May 2016 Interline to acquire American Sanitary for 127 5M Jacksonville Business Journal May 24 2006 Retrieved 5 May 2016 Executives Comment on Interline s Acquisition of AmSan Cleanlink July 11 2006 Retrieved 6 May 2016 AmSan Opens Center Cleanlink March 14 2008 Retrieved 7 May 2016 AmSan Enters Nashville Market Cleanlink May 15 2008 Retrieved 6 May 2016 AmSan Opens New Distribution Center Cleanlink February 28 2008 Retrieved 6 May 2016 AmSan Opens Cleveland Facility Cleanlink March 7 2008 Retrieved 6 May 2016 AmSan Opens Fourth Store In Florida Cleanlink January 6 2009 Retrieved 6 May 2016 Interline Brands Inc Expands into the 23 Billion Sanitary Supplies Market With the Acquisition of American Sanitary AmSan Interline Brands Inc Announces Acquisition of CleanSource October 29 2010 Retrieved March 17 2015 Company Overview of CleanSource Inc Bloomberg com Bloomberg Retrieved 10 May 2016 Interline Brands Buys CleanSource For 60M Industrial Distribution November 3 2010 Retrieved 10 May 2016 Archer Bill December 8 2012 Interline announces intent to acquire JanPak Bluefield Daily Telegraph Retrieved 4 May 2016 Archer Bill December 28 2007 Shott family tradition continues with 58th annual Yuletide Breakfast Bluefield Daily Telegraph Retrieved 4 May 2016 Paper Supply Co changes its name to JanPak Inc BizJournals October 10 2000 Retrieved November 17 2015 Clinton Michael December 4 2012 Interline Brands buys JanPak for 82 million BizJournals Retrieved March 17 2015 Cela Lev March 15 2015 Interline Brands Launches SupplyWorks Merges Five Brands Into One Yahoo Finance Retrieved March 17 2015 Longo Linda 2015 03 13 AF Lighting Under New Ownership Relocates to Philadelphia Enlightenmentmag A Bravo Integrated Media Design Retrieved July 18 2015 Keough Jack August 23 2015 Home Depot CEO On Interline Purchase E Commerce Offering Industrial Distribution Retrieved 14 August 2016 Werley Jensen December 21 2015 Exclusive What comes next for Interline Brands Jacksonville Business Journal Retrieved 1 April 2016 Cochrane Matthew 24 November 2017 Home Depot Gets With the PROgram fool com Interline Brands Inc IBI Yahoo Finance a b JanPak Inc Announces Plans to Expand Operations in Lexington County Lexington County Retrieved 27 January 2016 a b SupplyWorks Smarter Maintenance Solutions supplyworks com supplyworks Retrieved September 4 2015 a b SupplyWorks Smarter Maintenance Solutions uscommunities org US Communities Retrieved 25 March 2016 Company Profile Interline Brands Interline Brands Retrieved June 27 2015 Wilmar Industries Inc secinfo com SEC Retrieved 8 May 2016 William S Green Wilmar Industries Inc wlmr The Wall Street Transcript November 17 1999 Retrieved 29 April 2016 About Wilmar ziprecruiter com Zip Recruiter Retrieved 7 January 2016 William S Green Philadelphia Business Journal September 29 1997 Retrieved 3 February 2016 a b Wilmar acquires Sexauer for 85M Philadelphia Business Journal December 7 1999 Retrieved 3 February 2016 Wilmar Completes Buy Back Program CEO William Green Suspends Selling Program Business Wire June 2 1999 Retrieved 21 March 2016 Investor Group Completes Acquisition of Wilmar Industries PDF Sterling Investment Partners May 2000 Retrieved 29 April 2016 Interline plans to grow internally and through acquisitions Jacksonville Business Journal March 28 2005 Retrieved 21 March 2016 COMPANY NEWS WILMAR INDUSTRIES TO ACQUIRE HARDWARE DISTRIBUTOR The New York Times July 11 2000 Retrieved 21 March 2016 a b c Basch Mark August 14 2003 Getting to know them Florida Times Union Retrieved 11 January 2016 Company Overview of Interline Brands Inc Bloomberg Bloomberg Retrieved 22 March 2016 Interline Brands Inc getfilings com Retrieved 7 February 2016 Ace Maintenance Mart USA Dun amp Bradstreet Retrieved 7 February 2016 Maintenance USA e musa com Maintenance USA Retrieved 8 January 2016 Werley Jensen March 16 2015 Interline Brands makes massive branding change Jacksonville Business Journal Retrieved 8 May 2016 Trayco trayco hub biz Hubbiz Retrieved November 16 2015 Waxman Industries reports earnings for Qtr to March 31 New York Times May 5 1988 Retrieved September 13 2015 Barnett plans to buy U S Lock s assets Jacksonville Business Journal December 16 1998 Retrieved 19 March 2016 Company Overview of Barnett Brass amp Copper Inc Bloomberg com Bloomberg Business Retrieved 7 January 2016 A spinoff to success Forbes November 3 1997 Retrieved 22 March 2016 Mathis Karen January 13 2000 Barnett Inc plans second building next to headquarters The Florida Times Union Retrieved 22 March 2016 Barnett Inc company histories com Company Histories Waxman Hopes to Ease Debt with Barnett Stock Offering Plain Dealer February 7 1996 Leran Gas Products lpsgasmagazine com North Coast Media Leran Gas Products npgapropanemarketplace com NPGA Propane Marketplace Retrieved November 10 2015 About Us Hardwareexpress Hardware Express Retrieved 8 January 2016 Werley Jensen March 17 2015 Interline Brands debuts SupplyWorks at EverBank Field Video Jacksonville Business Journal Retrieved November 30 2015 Interline Brands merges find brands into SupplyWorks Industrial Supply Magazine AmSan is Now SupplyWorks A New National Brand Strictly Business Magazine June 1 2015 Retrieved November 25 2015 Botelho Stefanie November 25 2015 Interline Brands launches SupplyWorks merges five brands into one University Business Retrieved November 25 2015 Interline Launches SupplyWorks National MRO Products Distribution Brand TradePress March 31 2015 Retrieved 22 March 2016 Interline Brands merges find brands into SupplyWorks Industrial Supply March 16 2015 Retrieved 4 May 2016 Interline Brands debuts SupplyWorks at EverBank Field www bizjournals com Werley Jensen Interline Brands new name is helping it grow nationally Jacksonville Business Journal Retrieved September 4 2015 Renown gorenown com Archived from the original on August 20 2008 Retrieved 8 May 2023 Wilmar Industries changes its name from Wilmar Industries Inc to Interline Brands Inc https www sec gov Archives edgar data 1250189 000095014203001142 forms 4 txtExternal links editOfficial website Retrieved from https en wikipedia org w index php title The Home Depot Pro amp oldid 1184075227, wikipedia, wiki, book, books, library,

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