Henry A. Petter Supply Company, LLC

Background

Founded in 1890 by Henry A. Petter, Henry A. Petter Supply Company, LLC has evolved from a marine industry supplier into a comprehensive industrial distributor. Headquartered in Paducah, Kentucky, the company specializes in marine supplies, maintenance, repair, and operations (MRO) supplies, and material handling equipment, serving various industrial and manufacturing sectors. Now in its fourth generation of family ownership, the company is committed to delivering high-quality products at competitive prices.

Key Strategic Focus

Henry A. Petter Supply Company focuses on:

Marine Supplies: Providing essential equipment and materials for the marine industry.

MRO Supplies: Offering a wide range of maintenance, repair, and operational products to support industrial operations.

Material Handling Equipment: Supplying tools and machinery to facilitate efficient material management in various industries.

The company targets industrial and manufacturing sectors, emphasizing quality and customer service to maintain a competitive edge.

Financials and Funding

As a privately held company, specific financial details are not publicly disclosed. However, estimates suggest an annual revenue of approximately $35 million, with a revenue per employee of around $346,535.

Technological Platform and Innovation

Henry A. Petter Supply Company leverages a robust distribution network and maintains a comprehensive inventory to meet diverse customer needs. The company has expanded its product offerings through strategic acquisitions, such as the purchase of Trinity Packaging in 2016, enhancing its capabilities in industrial packaging supplies.

Leadership Team

Robert Petter: Chief Executive Officer

Crystal Renauldo: President of Operations

Jim Ferguson: Vice President - Transportation and Facilities

Bruce Austin: Executive Vice President

Raymond Thompson: Manager

Jerry Peck: Industrial Team Sales Manager

Sydney Overton: Inside Sales and Branch Lead

Competitor Profile

Market Insights and Dynamics

The industrial distribution market is characterized by a diverse range of suppliers catering to various sectors, including marine, manufacturing, and construction. Key factors influencing the market include technological advancements, customer service quality, and the breadth of product offerings.

Competitor Analysis

Ferguson Enterprises: The largest U.S. distributor of plumbing, HVAC, and industrial supplies, Ferguson operates over 1,400 locations with approximately 35,000 employees.

Johnstone Supply: A major distributor specializing in HVAC equipment and parts, with over 425 locations across the U.S. and Canada.

Supply.com: An e-commerce platform offering a wide range of plumbing and industrial supplies, catering to both professionals and consumers.

Keller Supply: A wholesaler of plumbing, HVAC, and pool and spa products, operating 70 branch locations.

APR Supply: A distributor of plumbing, heating, and cooling supplies with 35 branch locations.

Strategic Collaborations and Partnerships

In 2016, Henry A. Petter Supply Company acquired Trinity Packaging, a distributor of custom and standard industrial packaging supplies, enhancing its product portfolio and market reach.

Operational Insights

The company operates from its headquarters in Paducah, Kentucky, with additional branch locations in:

Mount Vernon, Illinois

Hopkinsville, Kentucky

Owensboro, Kentucky

Statesville, North Carolina

Decatur, Alabama

Channelview, Texas

This network enables the company to effectively serve a broad customer base across multiple regions.

Strategic Opportunities and Future Directions

Henry A. Petter Supply Company aims to continue expanding its product offerings and geographic reach through strategic acquisitions and partnerships. By leveraging its established reputation and customer-centric approach, the company seeks to strengthen its position in the industrial distribution market.