Ferguson was founded in 1953.

The company started with two locations: Lenz Supply and Smither
Supply. Expansion continued throughout the Southeast and Ferguson established its headquarters
in Newport News, Va. By 1982 Ferguson began to double in size every five years and had locations
in 11 states. Wolseley plc then acquired Ferguson. In 1989, Ferguson integrated with West Coast
wholesale suppliers Familian and Familian Northwest.
n the late 2000s, Ferguson’s growth began to slow as the recession hit traditional construction
markets. In response to the market change, Ferguson shifted the business focus on
efficiencyWolseley plc changed its name to Ferguson plc in 2017. Ferguson Enterprises accounts for
90 percent of Ferguson plc’s trading profit and is traded on the London Stock Exchange

Ferguson Enterprises has sales of $16.7 billion, employs 27,000 associates at 1,400 locations
across the U.S., including approximately 250 showrooms. Twenty three percent of sales are online