AD sales up 5%
Affiliated Distributors said sales for AD Affiliates across all divisions grew by 5% to $14 billion in the first half of 2013.
AD Industrial member sales also grew 5% in the first half of 2013, on a same-store basis, from $2.81 billion to $2.94 billion.
“Like most of the industry, our assumptions regarding industrial market growth for 2013 have yet to be realized. However, our members continue to keep pace and/or outperform the market," said Jack Templin, president of the Industrial Supply Division. "The good news for us is that other elements of our plan have put us in the position of having one of the best years in the history of AD’s Industrial Supply Division.”
AD Affiliates hired 2,973 new employees and opened 105 new locations in the last three months.
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.
