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AD, the $34.4 billion contractor and industrial products wholesale buying / marketing group, reported sales for all AD members grew by 9 percent in 2016.
On a same store basis, AD Members grew 3 percent. By country, AD Member U.S. same store sales were up 2 percent; AD Canada was up 5 percent and AD Mexico grew 25 percent. By industry, Electrical was up 1 percent; PHCP (Plumbing, PVF & HVAC) was up 3 percent; Industrial was down 4 percent; Bearings and Power Transmission was flat, and Building Materials was up 16 percent.
“Despite headwinds in industrial and energy markets and price deflation within certain large product categories, Member purchases from AD Suppliers grew by 9 percent and Net Distributions to AD Members grew by 15 percent,” said Bill Weisberg, AD’s Chairman and CEO. “We also had huge advancements in eCommerce, HR and Procurement Services. For instance, we created over 1 million enhanced, normalized and attributed SKUs and are playing a support role to help our Members refine their digital strategy and launch their webstores. Our role is to help our members compete and win, now and in the future.”