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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.
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In 1999, Masco Corp acquired Arrow Fastener Co., Inc., a hand tool company expanding its business in the hardware category. In 2000, Heartland Industrial Partners, a private equity firm, purchased Masco Tech and changed its name to Metaldyne. Metaldyne is headquartered in Plymouth, Michigan. Masco also divested Flint & Walling, Inc in 2000 to ...
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The perimeter columns are spaced 17 ft (5.2 m) apart on Fifth Avenue, 18.5 ft (5.6 m) apart on Broadway, and 16 ft (4.9 m) apart on 22nd Street. Five of the interior columns are recessed 14 ft (4.3 m) from the Fifth Avenue facade, and there are several interior columns at the south end of the building. [22]
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