Members of distributor buying/marketing group Affiliated Distributors (AD), Wayne, Pa., reported sales across all seven divisions and three countries grew by 9% in 2016 Q1 year-to-date to a record $8.7 billion.
Members of distributor buying/marketing group Affiliated Distributors (AD), Wayne, Pa., reported sales across all seven divisions and three countries grew by 9% in 2016 Q1 year-to-date to a record $8.7 billion. Some of the growth can be attributed to AD’s newest division, AD Canada Plumbing & Heating. On a same store basis, AD member sales grew 3%. Over the last 12 months, AD members across all divisions hired 1,267 new employees, opened 20 new locations and made five acquisitions.
“Business conditions continue to be challenging in many regions and segments; but there are strong spots, too. And clearly, AD members, in every division, are taking share,” said AD Chairman and CEO Bill Weisberg.
Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.