NAACP Names Lowe's 2001 Corporation of the Year

Southeast Region NAACP Honors Company at Annual Freedom Awards



Apr 18, 2001, 01:00 ET from Lowe's Companies, Inc.

    WILKESBORO, N.C., April 18 /PRNewswire/ -- For its efforts to contribute
 to the development and economic wellbeing of African American communities in
 the southeastern U.S., the National Association for the Advancement of Colored
 People (NAACP) Southeast Region named Lowe's Companies, Inc. (NYSE:   LOW) its
 2001 Corporation of the Year.  Lowe's accepted the award Saturday, April 9, at
 the organization's 49th Annual Regional Conference in Nashville, Tenn.
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES )
     Director of the Southeast Region, the Rev. Charles L. White, presented the
 award to Lowe's for its consistent support of the region, including funding
 for renovation of the regional headquarters and a $1 million contribution to
 the rebuilding of Princeville, N.C., America's oldest township founded by
 freed slaves.  The town was devastated by floods following Hurricane Floyd.
 The Princeville Recovery Project included a 12-home, Habitat for Humanity
 project Lowe's Home Improvement Warehouse sponsored this year and supported
 with employee volunteers.
     "This year's conference was dedicated to the legacy of Earl T. Shinhoster,
 who served as Regional Director of the Southeast Region for 17 years.
 Shinhoster was an advocate of freedom, justice and equality for all citizens.
 We honor Lowe's for its support of these same qualities and present this award
 for its consistent generosity toward the southeast region of the NAACP," said
 Rev. Charles L. White, Jr.
     "To receive this award from the Southeast Region, in which the civil
 rights movement was born, is truly an honor," said Lowe's vice president of
 corporate human resources and fairness programs Darryl K. Henderson.  "This
 award will serve as additional motivation for us to continue our mission to
 heighten our abilities to make diversity and inclusion a natural part of the
 way we do business."
     Henderson also pointed out to the approximately 900 banquet attendees a
 number of products inside Lowe's stores that were invented and patented by
 African Americans -- like the ironing board, patented by Sarah Boone in 1892;
 the light switch, patented by Granville Woods in 1890; and a wrench, patented
 by John Arthur "Jack" Johnson in 1922.
 
     About the Southeast Region NAACP
     Founded in 1909, the National Association for the Advancement of Colored
 People (NAACP) is the nation's oldest and most respected civil rights
 organization.  Since its inception, the NAACP has worked consistently to
 improve the quality of life and assure equal opportunity for all citizens in
 our nation.  NAACP programs address today's critical issues affecting racial
 and ethnic minorities, particularly African Americans, and provides access to
 productive careers, community empowerment, and equitable educational
 opportunity.  The Southeast Region of the NAACP covers Florida, Mississippi,
 Tennessee, Alabama, Georgia, South Carolina, and North Carolina.
 
     About Lowe's
     With 2000 sales of $18.8 billion, Lowe's Companies, Inc. is the world's
 second largest home improvement retailer.  Headquartered in Wilkesboro, N.C.,
 Lowe's is the 15th largest retailer in the U.S. as well as the 34th largest
 retailer worldwide.  Lowe's and its 100,000 employees are "improving Home
 Improvement" for nearly five million do-it-yourself retail and commercial
 business customers each week at more than 670 stores in 40 states.  For more
 information on Lowe's products, services or career opportunities visit
 www.lowes.com.
 
 

SOURCE Lowe's Companies, Inc.
    WILKESBORO, N.C., April 18 /PRNewswire/ -- For its efforts to contribute
 to the development and economic wellbeing of African American communities in
 the southeastern U.S., the National Association for the Advancement of Colored
 People (NAACP) Southeast Region named Lowe's Companies, Inc. (NYSE:   LOW) its
 2001 Corporation of the Year.  Lowe's accepted the award Saturday, April 9, at
 the organization's 49th Annual Regional Conference in Nashville, Tenn.
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES )
     Director of the Southeast Region, the Rev. Charles L. White, presented the
 award to Lowe's for its consistent support of the region, including funding
 for renovation of the regional headquarters and a $1 million contribution to
 the rebuilding of Princeville, N.C., America's oldest township founded by
 freed slaves.  The town was devastated by floods following Hurricane Floyd.
 The Princeville Recovery Project included a 12-home, Habitat for Humanity
 project Lowe's Home Improvement Warehouse sponsored this year and supported
 with employee volunteers.
     "This year's conference was dedicated to the legacy of Earl T. Shinhoster,
 who served as Regional Director of the Southeast Region for 17 years.
 Shinhoster was an advocate of freedom, justice and equality for all citizens.
 We honor Lowe's for its support of these same qualities and present this award
 for its consistent generosity toward the southeast region of the NAACP," said
 Rev. Charles L. White, Jr.
     "To receive this award from the Southeast Region, in which the civil
 rights movement was born, is truly an honor," said Lowe's vice president of
 corporate human resources and fairness programs Darryl K. Henderson.  "This
 award will serve as additional motivation for us to continue our mission to
 heighten our abilities to make diversity and inclusion a natural part of the
 way we do business."
     Henderson also pointed out to the approximately 900 banquet attendees a
 number of products inside Lowe's stores that were invented and patented by
 African Americans -- like the ironing board, patented by Sarah Boone in 1892;
 the light switch, patented by Granville Woods in 1890; and a wrench, patented
 by John Arthur "Jack" Johnson in 1922.
 
     About the Southeast Region NAACP
     Founded in 1909, the National Association for the Advancement of Colored
 People (NAACP) is the nation's oldest and most respected civil rights
 organization.  Since its inception, the NAACP has worked consistently to
 improve the quality of life and assure equal opportunity for all citizens in
 our nation.  NAACP programs address today's critical issues affecting racial
 and ethnic minorities, particularly African Americans, and provides access to
 productive careers, community empowerment, and equitable educational
 opportunity.  The Southeast Region of the NAACP covers Florida, Mississippi,
 Tennessee, Alabama, Georgia, South Carolina, and North Carolina.
 
     About Lowe's
     With 2000 sales of $18.8 billion, Lowe's Companies, Inc. is the world's
 second largest home improvement retailer.  Headquartered in Wilkesboro, N.C.,
 Lowe's is the 15th largest retailer in the U.S. as well as the 34th largest
 retailer worldwide.  Lowe's and its 100,000 employees are "improving Home
 Improvement" for nearly five million do-it-yourself retail and commercial
 business customers each week at more than 670 stores in 40 states.  For more
 information on Lowe's products, services or career opportunities visit
 www.lowes.com.
 
 SOURCE  Lowe's Companies, Inc.

RELATED LINKS

http://www.lowes.com