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Diane Hendricks: “We negotiated to buy 13 of their [GAF's] stores.”

Featuring: Diane Hendricks, Conservative | Owner and Chairperson of ABC Supply | Wisconsin

Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes

Published January 15, 2023 | Video Starts at 06:28

… met with JF and sat with Sam Heyman, who is the CEO of the family owned the company, and two young people that had never been to New York and We negotiated to buy 13 of their [GAF's] stores. And we accomplished that. It truly is the city that made all the difference to Ken and I. And so I just have found it very rewarding to be able to help Beloit be the city they always wanted to be. (06:28–07:02)

CLAIM

Asserts that Diane and Ken Hendricks negotiated the purchase of 13 stores from GAF.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Diane Hendricks

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“We started doing government work for the military.”
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“There was no distribution chain across the nation [for roofing products].”
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“Beloit Savings bank at the time, and they gave us a start.”
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“We opened up store one for ABC Supply with products that we brought in shingles from different manufacturers.”
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“We were in business for about three years just buying up lumber yards.”
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“These businesses wouldn't be here if I hadn't invested in the buildings.”
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“It really became evident that we were in a recession in late of 2008, 2009.”
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“We had about 250 locations at that time that we'd acquired over the course of my husband.”
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“I had to give up 40 some percent of my shares.”
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“Charter schools aren't welcome in Wisconsin.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 16:09-16:13
“Our public school system across the nation has major problems, especially in Beloit.”
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“We're one year old in math. We doubled what they had learned 200% in one year.”
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“My son is my CEO at my holding company and he oversees the 16 companies that we oversee.”
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