Ferguson now headquartered in the U.S.

Ferguson Enterprises Inc. announced in August that the company is now headquartered in Newport News, Virginia, following the completion of its corporate reorganization.

“We have now completed the final step in our journey to better align our North American operations and leadership with our headquarters and governance,” said Ferguson CEO Kevin Murphy. “Our associates have helped our customers build this country for more than 70 years, and we’re proud to have Ferguson headquartered in the U.S. and to celebrate the value they bring to the North American construction market each and every day.”

“This milestone is the culmination of a multi-year, methodical process that required significant shareholder engagement,” said Ferguson CFO Bill Brundage. “We want to thank our associates, customers, shareholders and Board of Directors for their support, and we look forward to building on our strong track record of growth and financial performance.”

With $29.7 billion of revenue in fiscal-year 2023, and 35,000 employees in more than 1,700 locations, the company is the largest distributor serving the $340 billion North American construction market.