Orgill
Orgill, Inc.
| Privately held company | |
| ISIN | 🆔 |
| Industry | Hardware distribution |
| Founded 📆 | Petersburg, Virginia, U.S. (1847) |
| Founder 👔 | William Orgill |
| Headquarters 🏙️ | , Collierville, Tennessee , U.S. |
Area served 🗺️ | |
Key people | Boyden Moore (President and CEO); Eric Divelbiss (EVP and CFO); Randy Williams (EVP, distribution); John Sieggreen (EVP, retail); Greg Stine (EVP, marketing and communications); Brett Hammers (EVP, worldwide sales and purchasing) |
| Revenue🤑 | 2.4 billion |
| Members | |
Number of employees | 4,768 |
| 🌐 Website | https://orgill.com/ |
| 📇 Address | |
| 📞 telephone | |
Orgill, Inc. is an independent hardware distributor with headquarters in Collierville, Tennesee, United States. It is the world's largest independently owned hardlines distributor and serves more than 6,000 customers operating more than 10,000 retail hardware stores, home centers, professional lumber dealers and farm stores throughout the U.S. and Canada, and in over 50 countries around the world.[1]
Orgill provides its customers with home improvement products and retail services and support designed to help them better run their operations.[1]
Orgill operates seven distribution centers in the U.S. and Canada, along with three export consolidation facilities. Its distribution centers are located in Tifton, Georgia; Inwood, West Virginia; Sikeston, Missouri; Hurricane, Utah; Kilgore, Texas; Post Falls, Idaho; and London, Ontario.[2]
Orgill also operates two wholly-owned subsidiaries: Central Network Retail Group, LLC (CNRG), a multi-format, multi-brand retailer operating 108 hardware stores, home centers and lumberyards throughout fifteen states across the U.S.[3], and Tyndale Advisors, LLC, a management, consulting and marketing firm that primarily serves Orgill dealers.[4]
Between its headquarters, distribution centers and subsidiaries, Orgill employs approximately 5,000 people.[5]
It was ranked #194 on a Forbes online list of "America's Largest Private Companies 2019" with revenue listed on Forbes' website at $2.4 billion from 2018[5]. According to the Memphis Business Journal, Orgill's revenue nearly doubled from 1.07 billion in 2007 to $2.04 billion in 2017.[6]
History
The 1800s
William Orgill came to the United States from England to work for his brother Joseph's importing company in New York as a traveling salesman, selling tools, guns, cutlery and hardware. In 1846, William partnered with R. T. Lamb and bought a retail hardware business in Petersburg, Virginia, and in 1847 they moved the hardware business from Virginia to Memphis, Tennessee. When Lamb died in 1849, his share of the business was purchased by Henry Lownes, and the business became known as Lownes & Co. by 1850. In 1851, the company underwent another name change and became Holyoake, Lownes & Co.[7] In 1908, the company by then known as Orgill Brothers & Co. sold its retail business to DeSoto Hardware Co. in order to focus exclusively on distribution.[8]
A third Orgill brother, Edmund, also came to the United States in 1850 to help his brother run the Memphis business, and three of his sons would later hold executive roles at the company.
The 1900s
Frederick and William both served as the company's president, and Joseph Sr. served as its vice president. William's son, Edmund succeeded him as president in 1940, and Edmund's cousin Joseph Jr. became president in 1955. In 1968, when Joseph Jr. retired, Joe Orgill III became president of Orgill Brothers & Co.[9]
The 1970s saw Orgill Brothers & Co. acquire inventory, accounts and sales representatives from existing businesses in a successful bid to grow the company’s distribution area and sales territory.[7] Those businesses included C.M. McClung, Teague Hardware and Stratton-Warren.[10] By the mid 1980s, Joseph Orgill III and his cousin and business partner Michael McDonnell bought out the other company shareholders and became the only Orgill family members still active at the Orgill Brothers & Co. business.[7] Under Joe Orgill III’s leadership, Orgill Brothers & Co. became the fastest-growing independent distributor in the U.S.[7]
In 1981, Joe Orgill III asked Bill Fondren to take over as president of Orgill as part of a succession plan to shift the company into professional management and “take Orgill to the next level.”[11]
Throughout the 1980s, Orgill Brothers & Co. looked to expand its distribution business internationally. A second distribution center was built in Tifton, Georgia in 1996 to service the Southeast and operate as an export facility.[7]
During the 1990s, Orgill continued to rank as the fastest-growing hardlines distributor in the United States. And in 1996, the company officially changed its name to Orgill, Inc.[7]
The 2000s
In 2005, Ron Beal assumed the role of president and CEO at Orgill, and Fondren moved onto Orgill’s board of directors.[12] Beal would go on to lead Orgill to reach and exceed $1 billion in sales for the first time in the company’s history in 2006.[13]
Orgill added five new U.S. distribution centers in the 2000s and 2010s to meet the needs of its growing customer base. Orgill opened its Inwood, West Virginia distribution center in 2000[14], its Hurricane, Utah distribution center in 2005[15], its Kilgore, Texas location in 2008[16], its Sikeston, Missouri distribution center in 2009[17] and its Post Falls, Idaho distribution center in 2017.[18]
By 2009, Orgill had expanded from a regional distributor to a national distributor serving customers in all 50 U.S. states.
In 2010, Orgill officially expanded its operations into Canada after operating in a limited capacity there for several years[19], and in 2015 Orgill acquired its London, Ontario distribution center when it purchased the Chalifour Canada Ltd. assets from TIM-BR MART Group.[20]
Some 40 years after it first entered the international market, in 2018, Orgill received the President’s “E” Award, which honors U.S. companies for their contributions toward expanding U.S. exports.[21]
In 2018, Orgill partnered with global technology company Unilog to offer an integrated e-commerce program to its dealers.[22]
Present
In 2019, Boyden Moore was named Orgill’s new president with Beal continuing on as CEO.
In January 2020, Boyden Moore stepped into the dual role of both president and CEO. Beal currently maintains the position of chairman of the board.[23] Moore previously served as Orgill’s general manager of retail and was formerly president of the company’s subsidiary, Tyndale Advisors. 2020 also saw other Orgill executive team changes as part of a strategic succession plan.[24]
In 2019 Orgill announced plans to open a new 780,000 square foot distribution center in Rome, New York to offer faster service in the Northeast region. In the press release, Orgill stated it planned to be fully operational by early 2022.[24]
Dealer Markets
Orgill hosts biannual buying markets, known as its Dealer Markets, in the fall and spring. The Spring Dealer Market in February 2020 in Orlando, Florida was Orgill’s largest market and featured nearly 1 million square feet of products and services.[25]
References
- ↑ 1.0 1.1 "Independent Hardlines Distributor". Orgill. Unknown parameter
|url-status=ignored (help) - ↑ "Press Releases". Orgill Press Releases. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help) - ↑ "CNRG Stores - Home". www.cnrgstores.com. Retrieved 2020-04-22.
- ↑ "Tyndale Advisors". www.tyndaleadvisors.com. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help) - ↑ 5.0 5.1 "Orgill". Forbes. Retrieved 2020-04-22.
- ↑ "Texas hold 'em: Orgill doubles down with $29M investment". www.bizjournals.com. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help) - ↑ 7.0 7.1 7.2 7.3 7.4 7.5 Jensen, Chris (1997). Orgill: Celebrating 150 Years of Tradition, Innovation and Service. pp. 6, 8, 9, 12, 44, 57, 62, 76. Search this book on
- ↑ Alley, Richard J. "Lasting Legacies". The Memphis News. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help) - ↑ "The Hardware Connection May/June 2019 Page 62". magazine.thehardwareconnection.com. Retrieved 2020-04-22.
- ↑ "Joe Orgill Leaves Behind a Legacy of Achievement and Philanthropy". www.bluetoad.com. Retrieved 2020-04-22.
- ↑ "The Hardware Connection May/June 2019 Page 63". magazine.thehardwareconnection.com. Retrieved 2020-04-22.
- ↑ "Orgill's Chairman and CEO Talks Approach to the Home Improvement Market". Hardware Retailing. 2019-01-31. Retrieved 2020-04-22.
- ↑ "Orgill's sales top $1 billion". www.bizjournals.com. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help) - ↑ Editor, Ed Waters, Jr News-Post Business. "Orgill moving to new Martinsburg location". The Frederick News-Post. Retrieved 2020-04-22.
- ↑ "Orgill opens Utah warehouse". www.bizjournals.com. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help) - ↑ News-Journal, Longview. "Orgill chooses Kilgore as site for major expansion project". TylerPaper.com. Retrieved 2020-04-22.
- ↑ "MO governor says 70 new jobs in Sikeston due to Orgill's $10.2 million expansion". https://www.kfvs12.com. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help); External link in|website=(help) - ↑ "Orgill Opens New Distribution Center". Hardware Retailing. 2017-06-13. Retrieved 2020-04-22.
- ↑ "Orgill expands into Canada". HBS Dealer. 2010-12-20. Retrieved 2020-04-22.
- ↑ "Orgill Finalizes Chalifour Canada Buy". Hardware Retailing. 2015-10-01. Retrieved 2020-04-22.
- ↑ Journal, L. B. M. (2018-05-30). "Orgill recognized with Presidential Export Award". LBM Journal. Retrieved 2020-04-22.
- ↑ Unilog (2019-02-20). "Unilog Announces New eCommerce Offering for Orgill Dealers". GlobeNewswire News Room. Retrieved 2020-04-22.
- ↑ Journal, L. B. M. (2019-12-17). "Orgill announces new executive team roles". LBM Journal. Retrieved 2020-04-22.
- ↑ 24.0 24.1 "Paint, Impulse and Dealer Services Top the List at the Orgill Spring Dealer Market". Orgill.com. 2020-02-17. Retrieved 2020-04-22. Unknown parameter
|url-status=ignored (help) - ↑ "Paint, Impulse and Dealer Services Top the List at the Orgill Spring Dealer Market". Hardware Retailing. 2020-02-27. Retrieved 2020-04-22.
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