North American buying group Affiliated Distributors, Wayne, PA, is expanding into the power transmission and motors market.
Initial founding committee members include APEX Industrial Automation, Baldwin Supply Co., Bearing Service Inc., Eastern Industrial Automation, IBT Industrial Solutions, Purvis Industries, Troy Industrial Solutions and Van Meter Inc.
"Our founding members include some of the most respected distributors in the industry," said Bill Childers, the industry veteran who will lead the company's power transmission division."The list of additional companies that have already committed is impressive. Combining the passion and success of these distributors and AD’s track record of delivering above market growth for its members and supplier partners will result in a huge win for the power transmission industry.”
Affiliated Distributors reported in January that sales for all AD members, across all AD divisions and countries, grew by 9 percent in 2014 to $31.2 billion.