AD, the $32 billion contractor and industrial products wholesale buying/marketing group, reported sales for all AD members, across all seven Divisions and three countries grew by 5.3 percent in 2016 Q2 YTD to $16.7 Billion.
Bill Weisberg, AD’s Chairman and CEO comments on the results, “Economic conditions are mixed; but the AD community is diversified, strong and growing. Our team is focused on continuing that positive momentum and bringing added value and innovative programs to our Members and Suppliers.”
On a same store basis by country, AD U.S. was flat; AD Canada was up 8 percent and AD Mexico grew 25 percent. By industry, Building Materials was up 16 percent; HVAC was up 9 percent; Plumbing was up 4 percent; Electrical was flat; Bearings & Power Transmission was down 1 percent; PVF was down 2 percent; and Industrial was down 5 percent.