True Value – Member Profile
Corporate NIHAA Member
About True Value Company
True Value Company is an American wholesaler with over 4,500 independent retail locations worldwide.
A number of different retail identities are supported by True Value Company, including True Value (hardware and home center stores), Grand Rental Station, Party Central, and Taylor Rental (equipment and party rental), Induserve Supply (commercial supplies), Home & Garden Showplace (nursery and garden center stores) as well as affiliate stores that purchase from True Value Company but do not use any of the national store identities.
The wholesaler supports its retailers through 13 regional distribution centers and approximately 2,500 associates in 60 countries.[1] The corporate headquarters are located in the O’Hare neighborhood of Chicago.
Historically it was a cooperative owned by retailers, but in 2018 it was purchased by ACON Investments.
True Value Company
Type Private
IndustryHardware stores
Founded Chicago, Illinois, U.S. (1948, as Cotter & Company)
FounderJohn Cotter
Headquarters Chicago, Illinois U.S.
Chris Kempa (CEO)
Products
- Home improvement products
- Home appliances
- tools
- household hardware
- lumber
- building materials
- paint
- plumbing
- equipment rental
Revenue
US$1.488 billion (2017)
US$ 40.16 million (2017)
US$ 24.75 million (2017)
Total assets US$ 912.88 million (2017)
Total equity US$ 160.4 million (2017)
Owner ACON Investments
2,500 (2019)
Website truevalue