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The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. [8] After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe for $4,200, [ 9 ] that same year.
Under the leadership of Richard Manoogian, the company grew exponentially and subsequently joined the Fortune 500 list of largest U.S. corporations. [3] As of 2007, Masco employed approximately 32,500 employees and has approximately 6,000 shareholders. [4] The company is currently ranked at 373 on the Fortune 500. [5]
Pages in category "Window manufacturers" The following 19 pages are in this category, out of 19 total. This list may not reflect recent changes. A. Andersen Corporation;
Lowe's Market traces its history to E.M. "Bud" Lowe who sold candy and sundries from the back of a truck in Littlefield, Texas in the 1940s. [2] In 1964, Bud Lowe opened the first Lowe's Market, a small grocery store, in Olton, Texas. The company began the process of gradual expansion into small and medium-sized towns in Texas and New Mexico.
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