AD Canadian member sales rise significantly
The largest contractor and industrial products wholesale buying group in North America, AD, reports that sales for its members, across seven divisions and three countries grew by 5.3 per cent for the first half of 2016, climbing to $16.7 billion US.
“Economic conditions are mixed; but the AD community is diversified, strong and growing,” said Bill Weisberg, AD’s chairman and CEO in a release. Based on a same store basis by country, AD Canada was up eight per cent; AD U.S. was flat; and AD Mexico grew 25 per cent. By industry, HVAC was up nine per cent; plumbing was up four per cent; building materials was up 16 per cent; electrical was flat; bearings and power transmission was down one per cent; PVF was down two per cent; and industrial was down five per cent. www.adhq.com
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May 11, 2022