The acquisition of Hughes Supply will more than double the size of The Home Depot Supply, with projected 2006 combined sales approaching $12 billion. Together, the two companies will serve a $410 billion market, addressing the continuum from infrastructure and construction to maintenance, repair and remodel.
Hughes Supply, which has more than 500 locations in 40 states and employs about 9,600 associates, has been No. 2 in Supply House Times' Premier 150 listing of wholesalers, which ranks companies by their annual sales, since 2002, just behind Newport News, VA-based Ferguson. Prior to that, Hughes had been ranked No. 1 in the Premier 150 since 1998. Hughes Supply has ranked in the top five among Premier 150 wholesalers since Supply House Times published its first listing in 1993.