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

Affiliate Distribution Q1

 

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

Changing Scene

  • Houle Selected as Electrical and Technology Contractor for the New BC Cancer Centre

    Houle Selected as Electrical and Technology Contractor for the New BC Cancer Centre

    In late August, Houle were proud to announce that they had been selected as the electrical and technology contractor for the new BC Cancer centre at the Royal Inland Hospital campus in Kamloops. Located adjacent to Royal Inland Hospital, this five-storey cancer centre will provide people in BC’s Interior with expanded access to cancer care… Read More…

  • Southwire Partners with Current/OS

    Southwire Partners with Current/OS

    Southwire Company has recently entered a partnership with Foundation Current/OS, a global non-profit partnership foundation promoting direct current (DC) safety, standards and advancement across the electrical industry. This unique partnership positions Southwire at the forefront of advancing DC technologies, a critical piece of progressing the company’s strategic verticals in key fields. Read More…

Peers & Profiles

Copper US Dollar Price Per Pound