Kenneth A. Hendricks (September 8, 1941 – December 21, 2007) was an American businessman who, along with
Diane Hendricks
Diane Marie Hendricks (née Smith; born 1947) is an American billionaire businesswoman and film producer from Wisconsin. She is the widow of the late businessman Ken Hendricks.
Early life
Hendricks was born and raised in Osseo, Wisconsin, the ...
, his business partner and wife, grew a
shingle
Shingle may refer to:
Construction
*Roof shingles or wall shingles, including:
**Wood shingle
***Shake (shingle), a wooden shingle that is split from a bolt, with a more rustic appearance than a sawed shingle
*** Quercus imbricaria, or shingle oa ...
supply company into a $2.6 billion fortune and a spot on the
Forbes 400
The ''Forbes'' 400 or 400 Richest Americans is a list published by ''Forbes'' magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is p ...
at the time of his death. Primarily associated with
Beloit, Wisconsin
Beloit is a city in Rock County, Wisconsin, United States. As of the 2020 census, the city had a population of 36,657 people.
History
Twelve men in Colebrook, New Hampshire, created the "New England Emigrating Company" in October 1836 and sen ...
, Hendricks lived in nearby
Afton.
Business career
Hendricks, born and raised in
Janesville, Wisconsin
Janesville is a city in Rock County, Wisconsin, United States. It is the county seat and largest city in the county. It is a principal municipality of the Janesville, Wisconsin, Metropolitan Statistical Area and is included in the Madison–Jan ...
, was a high school dropout who joined his father in the roofing business, reshingling houses on weekends. He eventually started his own firm, which grew into a 500-man multi-state operation by 1971, a time when most roofers were still local. After giving the company to the employees so he would have more personal time, he started
ABC Supply in 1982 with Diane Hendricks by purchasing three failing Bird and Sons locations. Through the years ABC Supply expanded to almost 500 stores through new start-ups and acquisitions. In 2006, with his personal wealth estimated at $2.6 billion, Hendricks was added to the Forbes list of the world's billionaires.
He also owned the
Beloit Plaza mall and the former Beloit Corporation manufacturing complex, much of which has been completely redeveloped; ABC Supply took over most of the disused
Fairbanks-Morse
Fairbanks, Morse and Company was an American manufacturing company in the late 19th and early 20th century. Originally a weighing scale manufacturer, it later diversified into pumps, engines, windmills, coffee grinders, radios, farm tractors, ...
complex, as well. In 2008, he was posthumously awarded, with his widow
Diane, a special "20 Year Award of Excellence" from the Downtown Beloit Association because they "nurtured a small movement" that re-energized the city business district.
Ken and his wife Diane owned and ran several other companies through the Hendricks Group. He was known for his interest in
green building
Green building (also known as green construction or sustainable building) refers to both a structure and the application of processes that are environmentally responsible and resource-efficient throughout a building's life-cycle: from planni ...
technology, and was set to build an environmentally friendly roof for a complex at the
2008 Summer Olympics in Beijing. Hendricks was involved in efforts to build a new stadium for the
Beloit Snappers
The Beloit Sky Carp are a Minor League Baseball team of the Midwest League and the High-A affiliate of the Miami Marlins. They are located in Beloit, Wisconsin, and play their home games at ABC Supply Stadium. They previously played at Harry ...
minor-league baseball team, and was the developer of a residential plot in Janesville.
In 2006, ''
Inc.'' named Hendricks its 2006 Entrepreneur of the Year award and he was featured on the magazine's cover. Inc. had ranked ABC Supply its No. 1 ''Inc. 500'' business in 1986, after which it was too large to list.
Death
Hendricks died at age 66 on December 21, 2007, in
Afton, Wisconsin
Afton (also Middledale) is an unincorporated community in the Town of Rock, in Rock County, Wisconsin, United States. The town hall for the Town of Rock is in Afton.
History
Originally called Middletown, the community was renamed in about 1857� ...
, when he fell through a sub floor under construction and into the garage of his home. He left behind his wife,
Diane Hendricks
Diane Marie Hendricks (née Smith; born 1947) is an American billionaire businesswoman and film producer from Wisconsin. She is the widow of the late businessman Ken Hendricks.
Early life
Hendricks was born and raised in Osseo, Wisconsin, the ...
, and seven children, Kendra, Kim, Kathy, Kevin, Brent, Kara, and Konya.
[Hendricks Holding](_blank)
References
External links
Hendricks debuts on ''Forbes 400''
{{DEFAULTSORT:Hendricks, Ken
1941 births
2007 deaths
Accidental deaths from falls
American billionaires
Businesspeople from Wisconsin
People from Beloit, Wisconsin
People from Janesville, Wisconsin
Accidental deaths in Wisconsin
Wisconsin Republicans
20th-century American businesspeople