AD sales up 4% for quarter
AD reported sales for AD members across its seven divisions grew by 4% in the second quarter of 2015 to $16.7 billion.
By division, AD member second quarter sales grew as follows: U.S. Electrical up 5%; Canadian Electrical up 11%; Industrial up 1%; Plumbing up 5%; PVF up 3%; HVAC up 7%; and Building Materials up 11% year over year.
“AD members and our supplier partners continue to work together to take share and win in the market place. Our industry executives and member led divisional boards are working hard to provide growth opportunities for our members through innovative new initiatives such as e-commerce, HR professional services, as well as conversions, marketing and incentive programs,” said Bill Weisberg, AD’s chairman and CEO. “We are also actively recruiting growth-oriented distributors and best-in-class suppliers to join the organization. This quarter we announced the merger with Canaplus, which marks expansion into the Canadian Plumbing & Heating industries. New markets, new geographies and core member growth are three pillars to our strategic growth plans.”
AD is a $31 billion contractor and industrial products wholesale buying / marketing group.
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.
