Hendricks Development Group

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Hendricks
Development Group
655 Third St.
Suite 301
Beloit, WI 53511

P 608-362-8981
F 608-364-0172

IN THE NEWS

Entrepreneur of the Year
December 2006 - Inc. Magazine

Create jobs, Eliminate Waste, Preserve Value. Those six words explain a lot: Why Ken Hendricks is worth $2.6 billion, how he came to be a walking textbook on identifying and exploiting business opportunities, how he manages to make (relatively) few enemies while treating Beloit, Wisconsin, like one vast fixer-upper— and why he is our Entrepreneur of the Year.
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Book It!
December 6, 2006 - Stateline News

Needing more space, public library is on the move
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Festival set for second run
December 3, 2006 - Stateline News

115 films to be shown at venues throughout city
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CB&K to move to new facility
November 13, 2006 - The Janesville Gazette

JANESVILLE-Hendricks Development Group owned by Ken & Diane Hendricks, recently bought the former Gilman Engineering building at 3939 Whitney Street in Janesville.
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Heritage View condos unveiled at open house
November 16, 2006 - Beloit Daily News

Model 230 made its debut, as more than 150 curious visitors flocked to the Heritage View open house held on Wednesday evening.

With a French Florentine design on the walls and chic granite countertops, the first completed condominium was the life of the party. Guests admired the 1,478-square-foot den of luxury and its hardwood floors.
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Beloit eager for ‘Act II' of its film festival
October 17, 2006 - Beloit Daily News

Act II for the Beloit International Film Festival will premier Jan. 18-21, according to organizers. Last year, hundreds came to view independent films, documentaries and shorts shown in downtown businesses, at Beloit College and in other venues in the community. Organizers had expected 1,500 guests for last year's film festival, but ticket sales rose to 4,000 allowing the festival to end its first run in the black.
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Hendrickses receive governor's arts award
October 14, 2006 - The Janesville Gazette

Local business people Ken and Diane Hendricks have been honored with the 2006 Governor's Award in Support of the Arts.Sen. Judy Robson, D-Beloit, nominated the couple for the award from The Wisconsin Foundation for the Arts."This award is a tribute not only to Ken and Diane Hendricks, but to everyone who shared the vision of transforming our riverfront into a source of pride for our community," Robson said.
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Library-relocation plan gathers steam
October 1, 2006 - Stateline News

Facility would move to mall; college would get current building
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Options eyed for improving Beloit library
September 26, 2006 - Beloit Daily News

Beloit residents gathered to hear the options for improving the Beloit Public Library at a town hall meeting at the Rotary River Center Monday night.
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Ken Hendricks and Beloit's Renaissance
Spring 2006 - Northwest Quarterly

He runs one of the largest privately held companies in the nation from Beloit and believes "being rich doesn't mean anything unless the community you are in is prospering also".
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ABC Supply: Making Blue Collars White
Leigh Buchanan - Inc.com

The richer Kenneth Hendricks gets, the richer his story becomes. Starting, if not from rags, at least from discount-store jeans, this high school dropout turned utility company worker turned entrepreneur took ABC Supply to No. 1 in 1986 with $183 million in sales.
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Hendricks net worth at $2.6 billion
September 23, 2006 - Beloit Daily News

If numbers tell a story, consider this one: Ken Hendricks' net worth increased by $3 million a day last year.Here's another number: 107. That is where Hendricks ranks on this year's Forbes 400 list of the richest Americans, up from number 207 last year.
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On the Move?
August 20, 2006 - Stateline News

Decision on library expected by end of year
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Library plan nearer decision
August 05, 2006 - Beloit Daily News

Beloiters can get an up-close look at a proposal to move the library to the Beloit Mall at a town hall meeting scheduled for Aug. 14. Hosted by the Beloit Public Library board, the meeting will kick off at 6 p.m. at the Rotary River Center, 1220 Riverside Drive.
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Executive Profile
August, 2006 - Capitol Region Business Journal

He quit high school, worked two full-time jobs, then his roofing supply business went through the roof
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To billionaire, entrepreneur not a dirty word
June 9, 2006 - Kathleen Gallagher - JS Online

The Janesville Gazette ran a story that said the 26-year-old "entrepreneur" had bought an old sugar beet factory to renovate so he could keep the roofers he employed busy during winter.His banker called him in and said the dictionary defined an entrepreneur as a risk-taker."He said 'Let me tell you son, this bank don't do business with entrepreneurs,' " Hendricks recalled.
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Hendricks buys Midland Steel building
June 6, 2006 - The Janesville Gazette

Janesville-Hendricks Commercial Properties has purchased the former Midland Steel building at 2535 Beloit Ave.

This 18-year-old 143,000-square-foot building and 12 acres of land was formerly owned by Helgesen Properties, which built the building in 1988.
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ABC Supply founder Hendricks wins 'Seize the Day' award
June 1, 2006 - The Wisconsin Technology Council Newsroom

MADISON – Ken Hendricks, who went from high-school dropout to one of the wealthiest people in the United States, will receive the third annual “Seize the Day” award at the Wisconsin Entrepreneurs’ Conference in Milwaukee. 
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Ken and Diane Hendricks Give $1 Million for Public Affairs Broadcasts
May 1st, 2006 - Beloit Daily News

Ken and Diane Hendricks, owners of ABC Supply Co. Inc., Hendricks Development Group, and a multitude of other companies, have put $1 million into a new network they hope will educate young and old alike about government and social issues in Wisconsin.
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ABC Supply Wins State Honor for its Family Ties
April 28, 2006 - Beloit Daily News

ABC Supply Co. Inc. was honored with the Outstanding Growth Award during the third annual Wisconsin Family Business of the Year Award banquet held Thursday night in Madison.
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Hendricks Development Group is Named Rockton Chamber's
2005 Business of the Year

April 14, 2006 - Beloit Daily News

Rockton is the newest community to honor Ken and Diane Hendricks. Hendricks Development Group was named the 2005 Business of the Year by the Rockton Chamber of Commerce at its annual dinner.
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BDN 2005 Yearbook articles
March 25, 2006 - Beloit Daily News

Ironworks Reclaims the Past
Since its striking transformation began in 2002, the Ironworks complex has become a rejuvenated work place for many.
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The Man Behind the Magic - Ken Hendricks is Determined
to Make Beloit Better than Ever

When Ken Hendricks buys an ailing business or brings life back into a vacant building, it's more than a business investment.
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Heritage View is a Unique Addition to Downtown Beloit
This 50,000 sq. ft. development on the Rock River in downtown Beloit will offer 14 custom condominiums plus professional office and retail space.
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Guest Commentary by Ken Hendricks: New Jail Would Be
State-of-the-Art Dinosaur

February 22, 2006 - Beloit Daily News

I am writing this letter to the community because I believe Rock County is making a decision regarding a new jail that will have substantial negative long-term financial and social consequences due to a failure to explore alternatives or better solutions.
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Beloit Chamber Looks Toward Bright Future
February 8, 2006 - Beloit Daily News

The first ever Economic Development Award was presented to Ken Hendricks for his efforts in redeveloping old properties in the area and his companies (ABC Supply and Hendricks Development) supporting many local projects.
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Beloit International Film Festival (BIFF) Launches to Large Crowds
January 20, 2006 - Beloit Daily News

"It's like Cannes but a little more friendly," commented a beaming State Sen. Judy Robson, D-Beloit, as she maneuvered through a crowd at ABC Supply World Headquarters.
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Work returns to former OP building
January 31, 2006 - Beloit Daily News

The former Fairbanks Morse OP building in Beloit will soon be home to American Construction Metals and a new crop of workers. Currently employing 50, American Construction Metals will be hiring 25 more employees by the end of December, according to Mike Slavish, developer with Hendricks Development Group.
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