NetPlus Alliances posts 14% gain in 1Q
NetPlus Alliance, a North American industrial and contractor supplies buying group, posted a 14% increase in purchases in the first quarter of 2015.
This growth comes on the heels of a strong year in 2014, where the group saw a year over year increase of 13.5%. The group has added 19 new distributor members to date in 2015.
Founded in September 2002, the group has 391 distributor members with total annual sales of $13 billion.
“Our overriding business goal is always to exceed the annual growth in the industrial supplies marketplace. We have created our own ‘NetPlus Index’ to benchmark our group’s performance against the average sales of nine publicly traded industrial distributors, as well as the ISA distributor and manufacturer indices. We have been above that industry benchmark by over 50% for five consecutive quarters,” said Jennifer Murphy, president of NetPlus Alliance.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
