Affiliated Distributors independents enjoy healthy Q2 2012
By Anthony Capkun
July 31, 2012 – Sales for Affiliated Distributors (A-D) affiliates grew by 12% in the first half of 2012 to $12.8 billion, says the community of independent distributors and manufacturers of construction and industrial products.
“A-D independents continue to take market share in each of our industries,” said Bill Weisberg, A-D’s chair and CEO. “We outpaced general industry growth by an average of three points and by as much as five points. We are proud of the value our members bring to their customers, suppliers and communities. It’s clear that the market continues to reward them for it.”
In the first six months of 2012, A-D members hired 1226 new employees on top of the 2250 employees they hired in 2011. Plus, they opened 41 new branches in addition to the 99 new branches opened last year.
A-D Canadian Electrical sales grew 3.3% in the first half of 2012 on a same store basis from $372 million to $385 million. Congratulations!