AD Member Sales Up 7% to $7.9 billion in 2015 Q1

AD Q1 Report

Affiliated Distributors (AD) reported that sales for all AD Members, across all seven Divisions, grew by 7% in Q1 of 2015 to $7.9 billion.

Bill Weisberg, AD’s Chairman and CEO said, “Once again this quarter AD Members achieved above market growth, our Members hired 638 new employees, opened over 32 new locations and made 12 acquisitions. Additionally, we added 12 new AD Members with 51 branches, and expanded into the Bearings and Power Transmission market with 27 Charter Members. 2015 is off to a strong start.”

By Division, AD Member first quarter sales grew as follows: U.S. Electrical up 7%; Canadian Electrical up 12%; Industrial up 5%; Plumbing up 6%; PVF up 2%; HVAC up 7%; and Building Materials up 12% year over year.

 

 

 

Related Articles

Skills Ontario and Indigenous Owned ORIGIN Introduce “Trade Up! Be Proud, Be Skilled” Virtual Reality Careers Campaign

Skills Ontario and Indigenous Owned ORIGIN Introduce “Trade Up! Be Proud, Be Skilled” Virtual Reality Careers Campaign

Skills Ontario and Indigenous owned VR Production company, Origin, have teamed up to develop 25 virtual reality “career tour” experiences as part of Skills Ontario’s “Trade Up!” campaign. Designed to inspire youth to pursue rewarding careers in skilled trades and technologies, the videos will provide a 360 immersive look at a variety of careers.

 

 

Latest Articles

  • Shore-Side Electricity and Data Monitoring Take Hold in the Cruise Industry

    Shore-Side Electricity and Data Monitoring Take Hold in the Cruise Industry

    April 15, 2024 On July 7, 2023, the United Nations International Maritime Organization (IMO) and its participating maritime countries set their Greenhouse Gas (GHG) emissions strategy to achieve net zero “by or around” 2050. As a result, the shipping industry, including cruise lines, is adopting various strategies to achieve this ambitious goal, including new fuels,… Read More…

  • Project Spotlight: Sainte-Thérèse High School Lighting Upgrade

    Project Spotlight: Sainte-Thérèse High School Lighting Upgrade

    Built in 1980, the building that houses Sainte-Thérèse high school, in Quebec Canada, was looking a little worse for the wear. Renovation work began with two major projects: introducing a multidisciplinary sports centre, as well as redesigning the parking lots.  The employee and visitor parking lots were completely reconfigured during phase 1 of the renovation… Read More…

  • Guide to the Canadian Electrical Code, Part 1[i], 26th Edition – A Road Map: Section 10 – Grounding and Bonding

    Guide to the Canadian Electrical Code, Part 1[i], 26th Edition – A Road Map: Section 10 – Grounding and Bonding

    April 8, 2024 By William (Bill) Burr[i] The Code is a comprehensive document. Sometimes, it can seem daunting to quickly find the information you need.  This series of articles provides a guide to help users find their way through this critical document. This is not intended to replace the notes in Appendix B, or the… Read More…

  • Investment in the Residential Sector Declines in January 2024

    Investment in the Residential Sector Declines in January 2024

    April 8, 2024 Investment in building construction declined 0.9% to $19.7 billion in January. The residential sector declined 1.4% to $13.6 billion, while investment in the non-residential sector edged up 0.2% to $6.1 billion. On a constant dollar basis (2017=100), investment in building construction fell 0.9% to $12.1 billion in January. Investment in the residential sector declines Investment in residential building construction declined… Read More…

Changing Scene