North American buying group Affiliated Distributors, Wayne, PA, reported sales for the first quarter for all AD members, across all seven divisions, grew by 7 percent year-over-year to $7.9 billion.
"Once again this quarter AD Members achieved above market growth, our Members hired 638 new employees, opened over 32 new locations and made 12 acquisitions," said CEO Bill Weisberg. "Additionally, we added 12 new AD Members with 51 branches, and expanded into the Bearings and Power Transmission market with 27 Charter Members. 2015 is off to a strong start."
By Division, AD Member first quarter sales grew as follows: U.S. Electrical (+7 percent), Canadian Electrical (+12 percent), Industrial (+5 percent), Plumbing (+6 percent), PVF (+2 percent), HVAC (+7 percent) and Building Materials (+12 percent).
