HARDWARE STORES

Mac’s Hardware joins forces with CNRG

Fourteen-store Mac’s looks for synergy and growth in the upper Midwest.

BY HBSDealer Staff

Central Network Retail Group (CNRG) expanded its footprint into the upper Midwest through a deal with Moorhead, Minn.-based Mac’s Hardware, a family owned 50-year-old business serving farm, home and industrial customers through 14 locations.

Mac’s Hardware shareholder and Chairman, Chuck McWethy, said the move was driven by the company’s desire to provide future opportunities to expand the Mac’s footprint and better serve its customers. At present, Mac’s employs almost 200 associates and operates fourteen independent hardware stores located in Minnesota, North Dakota, and South Dakota. Mac’s Hardware was established in 1965 by Otto McWethy, Chuck’s grandfather, as a provider of surplus goods.

“Unique product selection and attention to the needs of the local, agricultural-based communities where we operate have been the hallmarks of Mac’s success for more than 50 years,” McWethy said. “CNRG has the financial strength to sustain and expand our business in the future and we believe this combination will be a tremendous benefit to our customer base.”

Mac’s Hardware – which carries the slogan, “Not just another hardware store” — will continue to operate under its existing brand name and all associates interested in continuing in their current positions will become part of the CNRG team. Mac’s has stores in Minnesota and the Dakotas.

CNRG, a is a multi-format, multi-brand retailer operating 104 hardware stores, home centers and lumberyards in 14 states. CNRG is wholly owned by Tyndale Advisors, a subsidiary of Orgill, Inc.

CNRG President John Sieggreen, said the network is excited about the opportunity to expand into the upper Midwest. “We are looking forward to bringing the possibility of expansion to the Mac’s brand,” Sieggreen said. “Beyond just implementing some business practices we know will benefit the Mac’s brand, we are also excited to bring some of what Mac’s does well back to other brands in our company where we serve similar customers. This partnership with Mac’s Hardware takes CNRG over the century mark in store count. We are very pleased with what we have been able to accomplish in the last seven years since CNRG was founded and look forward to continued growth.”

CNRG acquired Renton, Wash.-based McLendon Hardware in April of 2017, and it acquired 28-store Marvin’s Home Centers in August 2015.

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