RERMAG

The Home Depot Donates $3 Million to Hurricane Rebuilding Efforts

Home Depot, the world's largest home improvement retailer, announced last week that it will donate $3 million to aid in the rebuilding efforts of communities in Florida and other areas that have been battered by Hurricanes Charley, Frances and Ivan.

In the wake of an unprecedented string of severe storms this hurricane season that have resulted in billions of dollars in damage, The Home Depot will provide donations of tools, supplies and grants to aid the repair and rebuilding efforts throughout the entire impacted region, the company said.

"We are proud to contribute a portion of our pre- and post-hurricane sales to the rebuilding efforts in the communities that we serve," said Bob Nardelli, chairman, president and CEO of The Home Depot.

Since Hurricane Charley, The Home Depot has mobilized supplies and associates to meet the needs of its customers. Thousands of truckloads of lumber, generators, tarps and other products have been moved into impacted areas over the past few weeks. In addition, more than 2,000 associates from outside the affected areas have volunteered to relieve their co-workers. The Homer Fund, an emergency assistance effort established to help The Home Depot associates, has provided temporary housing to associates made homeless by the storms and has issued more than 850 financial grants totaling more than $400,000 to those associates in greatest need.

Atlanta-based Home Depot employs approximately 300,000 associates and has 1,806 stores in 50 states, the District of Columbia, Puerto Rico, eight Canadian provinces and Mexico. Home Depot Rentals is No. 7 on the RER 100.

TAGS: Syndicate
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