TRUE VALUE COMPANY ANNOUNCES BUSY BEAVER HOME IMPROVEMENT CENTERS AS THE NEWEST MEMBER OF THE CO-OP
August 25, 2015
CHICAGO, August 25, 2015 – True Value Company, one of the world’s largest retailer-owned hardware cooperatives, today announced that Busy Beaver Home Improvement Centers has joined the co-op as the newest member.
Busy Beaver was founded in 1962 in Pittsburgh as a distributor of roofing, lumber and building material products to professional contractors and do it yourself customers. Today it operates 16 full-line home improvement centers in Pennsylvania, Ohio and West Virginia.
“We’re thrilled for our customers and associates that Busy Beaver will now partner with True Value,” said Chief Executive Officer of Busy Beaver Joe Kallen. “Busy Beaver and True Value are both focused on transformational change to better serve our customers; this fundamental alignment in strategy is what sold us on selecting True Value as our growth partner.”
Busy Beaver will be serviced by True Value’s Cleveland Regional Distribution Center and will join over 20 other independently owned and operated True Value stores operating in the Pittsburgh area.
“We are pleased to welcome Busy Beaver to the True Value family,” said President and Chief Executive Officer John Hartmann. “Not only does it support our strategic pillar of growth, it will also enhance our ability to serve our customers in the northeast – driving significant value for our customers and members.”
ABOUT TRUE VALUE
True Value Company, headquartered in Chicago, is one of the world’s largest retailer-owned wholesale hardware cooperatives with gross billings of over $2.0 billion and revenue of $1.5 billion in 2014. The True Value cooperative includes approximately 4,400 independent retailer locations worldwide operating under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply. Additional information on True Value and its retail identities is available at www.truevaluecompany.com.
ABOUT BUSY BEAVER
Busy Beaver Building Centers, Inc. is a regional home improvement retailer with its headquarters in Pittsburgh. Since late 2013, Busy Beaver has been operating under new, Pittsburgh-based ownership and is committed to providing legendary customer service and a customer-centric in-store experience at each of its neighborhood home improvement centers. Busy Beaver employs over 300 people from its surrounding communities. Additional information on Busy Beaver is available at www.busybeaver.com.