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Menards sold the Menard Building Division in 1994, racking up 36 years in the pole building industry. Menards of East Madison, Wisconsin, pictured in 2012 (closed and relocated to Sun Prairie in 2018) [6] Menards was founded as Menard Cashway Lumber. In the mid-1980s, the "Cashway Lumber" name was dropped and the business became simply known to ...
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The stores were later renamed. [3] In 1987, Handy Andy acquired the Forest City lumber chain with stores in Ohio, Michigan, and Illinois from Forest City Enterprises. [4] In 1989, Handy Andy acquired 21 Central Hardware store locations in Missouri, Kentucky, and Ohio plus Witte Wholesale Hardware from Interco. [2]
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Menards store in Lafayette, Indiana. Menard opened his first hardware store in 1964. [11] As of 2021, his company owned 335 Menards stores and 12 distribution centers. As of 2005, Menards grossed an estimated $5.5 billion in sales. Menard had a net worth of $8.6 billion in 2013, according to the Forbes 400, and is the richest person in ...
In 1983, Payless Cashways purchased the Sacramento, California–based Lumberjack Stores Inc for $26.3 million (~$67.6 million in 2023). [3] [4] In the following year, Payless Cashways purchased the Somerville, Massachusetts–based Somerville Lumber & Supply Company for $12 million in stock.
A lumber yard sorting table in Falls City, Oregon Frank A. Jagger loads his boat full of lumber at the Albany Lumber District in Albany, New York in the 1870s. A lumber yard is a location where lumber and wood-related products used in construction and/or home improvement projects are processed or stored.
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