Lowe s Companies features more than 1,100 Lowe s home improvement stores in 46 states in the United States. The store sells virtually every home improvement product imaginable, including appliances, flooring, lighting, sinks and faucets, lawn and garden products, outdoor power equipment, storage buildings, fencing, lumber, doors and windows, hand and power tools, cabinets and grills. It also has a variety of project planning products and services, including how-to books, clinics, CDs and buying guides. Its parent company, Lowe s Companies Incorporated, was established in 1946 and maintains headquarters in Mooresville, N.C. Robert A. Niblock has been the chief executive officer of Lowe s Companies for more than a year. He has been with the retail company for over 13 years. Niblock earned a BS degree from the University of North Caroline-Charlotte. Lowe s is one of the largest retail home improvement companies in the world and has annual sales of more than $35 billion. In 2004, FORTUNE magazine named Lowe's America's Most Admired Specialty Retailer for a second consecutive year.