10 Facts About Ace Hardware

Ace Hardware Corporation is an American hardware retailers' cooperative based in Oak Brook, Illinois, United States.

Ace Hardware operates 17 distribution centers in the United States, and additional distribution facilities in China, Panama, and the United Arab Emirates.

Ace Hardware was named after the ace fighter pilots of World War I, who were able to overcome all odds.

Ace Hardware Stores was incorporated in 1928, and the company opened its first warehouse a year later.

Ace Hardware was thereafter sold to its retailers and restructured as a cooperative, moving its headquarters to Oak Brook, Illinois.

Related searches

The strategy proved successful, and Ace Hardware surpassed $1 billion in wholesale sales for the first time in 1985; it went on to pass $5 billion in 2015.

In 2012, Ace Hardware acquired its largest member, Westlake Ace Hardware, for $88 million.

In 2014 and 2015, Ace Hardware launched its wholesale distribution network through the acquisition of the Portland, Maine, based Emery-Waterhouse and the Spokane based Jensen Distribution Services.

In 1990, Ace Hardware created a separate division known as Ace Hardware International and over the following 20 years, established a presence throughout Asia, the Caribbean, Latin America, and Middle East regions.

ACE Hardware is an affiliate of the SM Group of Companies.