AD reports record breaking member in 2017
Members sell $37.3 billion and see growth across all categories.
AD, the contractor and industrial products wholesale buying / marketing group, reported record breaking sales in 2017, across twelve AD Divisions of $37.3 Billion. Total company sales grew by 10%. Purchases from AD Suppliers grew by 17%. Distributions to Members were up 14%.
On a same-store basis, by industry,
- Electrical sales were up 10% in 2017;
- PHCP was up 9%;
- Industrial / PT were up 8%; and
- Building Materials were up 16%.
By country, same-store sales in the U.S. grew 8%; Canada was up 9% and Mexico grew 12%.
Bill Weisberg, AD’s Chairman and CEO comments on the results, “2017 was a fantastic year for AD and our Members. Across every AD industry and in every country in which we operate, we saw record breaking numbers. AD programs made a real difference in helping our members compete in their markets. AD eCommerce Solutions ended the year with 2.4 Million SKUS across 6 AD business units.
"AD Members spent close to $1 Million on AD HR Services, and AD Procurement Services saved our Members over $5 Million in non-product purchases. AD Members were also a force of good in 2017, through the AD Disaster Relief Foundation we raised and distributed over $200,000 to 39 men and women who work for AD member and supplier companies and survived Hurricane Harvey, Maria and the California Wildfires.”
For more information visit: www.adhq.com
CONTRACTOR SUPPLY MAGAZINE
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