who owns menards

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Image Credit: Menards® Careers at Menards®

Menard, Inc.

Is Menards publicly owned?

The nation’s No. 3 home improvement retailer, Menards, is privately held; about 90 percent of the company belongs to founder John Menard Jr., a crusty patriarch who makes his employees – even those in the executive suite – clock into work.Jul 27, 2015

Is Menards a privately owned company?

Menards is owned by founder John Menard Jr. through his privately held company, Menard, Inc. The company has 335 stores in 15 states: Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, West Virginia, Wisconsin, and Wyoming.

Is Menards owned by China?

Menards is an American home improvement retail company headquartered in Eau Claire, Wisconsin. Menards is owned by founder John Menard Jr. through his privately held company, Menard, Inc.

What companies does Menards own?

Menards® also provides a number of quality in-house, home improvement brands such as Midwest Manufacturing, Masterforce®, DAKOTA™, Mastercraft®, Grip Fast, Tuscany, Tool Shop, and Enchanted Garden™/Enchanted Forest.
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Image Credit: Xtreme Gaming Mouse at Menards®

How many Menards stores did Menards own?

Menard opened his first hardware store in 1964. As of 2014, his company owned 287 Menards stores. As of 2005, Menards grossed an estimated $5.5 billion in sales. Menard had a net worth of $8.6 billion in 2013, according to the Forbes 400, and is the richest person in Wisconsin.

Who is John Menard?

John Menard Jr. John Robert Menard Jr. (born January 22, 1940) is an American billionaire businessman, and the founder and owner of Menards, a Midwestern chain of home improvement stores. He is a former INDYCAR racing team owner, and the father of former NASCAR Cup Series driver Paul Menard. He is the son of John Robert Menard Sr (1917–1988).

What is the Menard donation?

In 2015, Menard donated $10 million to support the Eau Claire Area YMCA. The gift will replace the current five-court LE Phillips Tennis Center that opened in 1972 to become an eight-court indoor tennis center known as the John and Fay Menard YMCA Tennis Center.

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Image Credit: About Us at Menards®

When did Menards start?

Menards® started from an idea. In early 1958 , the farm industry was being revolutionized by more mechanized and convenient dairy systems, which created a demand for low-cost agricultural buildings to house stock and machinery. John Menard Jr., the founder of the company, noticed this need and began to develop an idea for a pole building business.

What did John Menard Jr. do?

As a means to finance his education , John Menard Jr. decided to make his dream a reality. After picking up some building knowledge in the summer of 1958, he spent his days working on his first pole buildings and his nights working at a local movie theater while contracting other buildings to keep his crew working.

REAL TIME NET WORTH

John Menard’s home improvement retailer brings in an estimated $10.7 billion in sales from over 300 stores.

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Image Credit: Xtreme Gaming Mouse at Menards®

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Image Credit: Menards In-Store Only Rebate Reportedly Sparks Consumer …

Who is John Menard?

John Menard Jr. (born 1940) is an American entrepreneur who is the founder and owner of Menards, a major Midwestern home improvement store chain. Menard is also a partner in Robby Gordon Motorsports with NASCAR owner/driver Robby Gordon, and is the father of NASCAR driver Paul Menard.

Where was John Menard born?

John Robert Menard Jr. was born in 1940 in Eau Claire, the eldest of eight children. His parents were teachers – John Menard Sr., a University of Wisconsin-Eau Claire math professor; his mother, Rosemary, at St. James the Greater, a Catholic grade school. Before John entered high school, the senior Menard left the university and moved …

What is hardware for patio?

hardware for use in patio, deck, yard, lawn and garden applications, namely, tool, hose and flag brackets of metal, tool and plant hooks of metal, hose fittings of metal, garden arches, trellises, gates and lattices of metal

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Image Credit: Menards In-Store Only Rebate Reportedly Sparks Consumer …

What are utensils used for?

utensils for use in the outdoor preparation of food, namely, wire grill brushes, cooking grates and grills, turners, tongs, brushes for basting, cutting boards, trivets, spit baskets, forks, spatulas, skewers, and parts and accessories therefor. Category: ACCESSORIES.

Overview

Motorsports involvement

Paul Menard, John Jr.’s son, raced sixteen years in the NASCAR Cup Series, winning the 2011 Brickyard 400. Menard also owns an engine shop in the United Kingdom that produced engines for Team Menard and Robby Gordon Motorsports, the former of which, owned by Menard, won the 1997 and 1999 Indy Racing League championships.
Menards is a primary sponsor of the Team Penske#2 Ford Mustang. They are also primary spon…

Life and education

The oldest of eight siblings in a Catholic family with German, French-Canadian, and Norwegian roots, Menard attended Eau Claire Regis High School. He graduated from the University of Wisconsin–Eau Claire with a degree in business and a minor in psychology. Menard began his career constructing pole buildings with friends from college. He made his home in Eau Claire, Wisconsin. Menard has six children, and married his third wife, Faiha Obaid, in 2008. He is Roma…

Menards

Menard opened his first hardware store in 1964. As of 2014, his company owned 287 Menards stores. As of 2005, Menards grossed an estimated $5.5 billion in sales. Menard had a net worth of $8.6 billion in 2013, according to the Forbes 400, and is the richest person in Wisconsin.
In 2013, Menard ousted a former investment partner, Stephen Hilbert, a 20% s…

Donations

In January 2008, Menard gave $15 million to support Eau Claire’s Luther Midelfort Hospital. The donation was used for a new emergency services department and to help the hospital educate and train health professionals. In 2015, Menard donated $10 million to support the Eau Claire Area YMCA. The gift helped replace the five-court LE Phillips Tennis Center that opened in 1972 to become an eight-court indoor tennis center known as the John and Fay Menard YMCA Tennis C…

External links

• Forbes.com: Forbes World’s Richest People

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