AD Member Sales Up 4% to $16.7 billion in 2015 Q2
AD, the US$31 billion contractor and industrial products wholesale buying / marketing group, reported sales for all AD members across all seven divisions, including Canada, grew by 4% in Q22015 to $16.7 billion.
“AD members and our supplier partners continue to work together to take share and win in the market place,” says Bill Weisberg, AD’s Chairman & CEO. “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. 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.”
By division, AD Member second quarter sales grew as follows:
• Canadian electrical 11%
• U.S. electrical 5%a
• Industrial 1%
• Plumbing 5%a
• PVF 3%
• HVAC 7%
• building materials up 11% (year over year)
AD is the largest contractor and industrial products wholesale buying group in North America, providing independent distributors and manufacturers of construction and industrial products with support and resources that accelerate growth. Almost 600 independently owned members span seven industries and three countries with annual sales in excess of US$31 billion.
For more information visit: www.adhq.com
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