Affiliated Distributors Reports Record Sales in 2014
Affiliated Distributors, Wayne, Pa., reported record sales in 2014. Sales for all AD members, across all AD divisions and countries, grew by 9 percent to $31.2 billion.
Bill Weisberg, AD’s chairman and CEO said, “AD members achieved above market growth in 2014, opened 83 locations, made 23 acquisitions and hired 2,180 new employees. On top of that, we added 30 new members, 40 new suppliers, expanded into Mexico, introduced new programs, expanded our service set, and upgraded our systems and reporting. 2014 was a record year.”
By division, AD member 2014 same store sales grew as follows: U.S. electrical, up 8 percent; Canadian electrical, up 9 percent; industrial, up 5 percent; plumbing and PVF, up 8 percent, HVAC, up 9 percent; and building materials, up 16 percent.