Ferguson is a diverse wholesale distributor with operations spanning multiple business groups. The company is ranked by trade publications as the largest distributor of plumbing supplies and pipe, valves and fittings (PVF). It is also the third largest distributor of heating and cooling equipment (HVAC/R) and the second largest company within the waterworks industry. In 1953, Ferguson was founded with $150,000 starting capital and two locations. The next five decades saw phenomenal growth, with the company doubling in size every five years. In 1982, Wolseley plc, listed on the London Stock Exchange and based in the United Kingdom, acquired Ferguson, supplying the financial strength for Ferguson's rapid growth and aggressive expansion into the industrial, heating and cooling (HVAC) and waterworks markets. It's Ferguson's associates who make the difference. Ferguson employs approximately 18,000 associates. Through our industry-leading recruiting program, we aggressively pursue the best and brightest college and university graduates from across the country. Our branch managers also recruit candidates on the local level to ensure that our sales associates can identify the needs of our local customers. Ferguson services customers coast-to-coast, with a distribution network spanning approximately 1,300 locations and serves customers in all 50 states, Puerto Rico, the Caribbean and Mexico.