Electrical Business

Business News
AD member sales up 7% in Q1 2015


May 8, 2015
By Renée Francoeur

May 8, 2015 – Sales for Affiliated Distributors (AD) members grew by 7% in Q1 2015 to $7.9 billion, AD reported.

“Once again, this quarter AD members achieved above market growth,” said Bill Weisberg, chair and CEO. “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, first quarter sales grew as follows:

• Canadian Electrical up 12%
• Industrial up 5%
• PVF up 2%
• HVAC up 7%
• Building Materials up 12%