AD member sales up 8 percent
Affiliated Distributors (AD) reported 8% growth across all AD Divisions in the second quarter.
The North American buying and marketing group said total sales for the first half of the year were $15 billion.
By division, AD member second quarter sales grew as follows: Electrical up 6%; Industrial up 8%; Plumbing/PVF up 9%; HVAC up 11%; and Building Materials up 18%.
"The second quarter showed an impressive rebound from a first quarter that was strongly impacted by weather,” said Bill Weisberg, AD’s chairman and CEO. “The determination and creativity demonstrated by our independent members and our strong supplier partners is inspiring.”
During the quarter, AD members hired 2,203 new employees, opened 89 new locations and made three acquisitions.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
