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AD Achieves Record Sales and Net Distributions in First Six Months of 2023

SFIA member AD Gypsum Supply reported member sales reached a new record of $37.8 billion, an increase of 5% across 14 divisions and three countries.

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AD Gypsum Supply, the largest contractor and industrial products wholesale buying group in North America and an SFIA member, reported that member sales in the first six months of 2023 reached a new record of $37.8 billion. This represents an increase of 5% across 14 divisions and three countries.

“Just like other periods where there’s been elevated consolidation activity, we see the remaining independents gaining share in their local markets,” said AD CEO Bill Weisberg.

AD Member Companies

  • Purchases by member companies from AD suppliers reached $9.7 billion
  • Net distributions to members grew 5% to a record $673.9 million

AD Member Same-Stores

  • AD member same-store sales grew 8% through the first six months of 2023
  • Same-store sales in the U.S. were up 9%, while those for companies headquartered in Canada and Mexico were up 5% and 7% respectively

AD Strongest Same-Store Performers by Division

  • Bearings & Power Transmission (+15%)
  • U.S. Industrial (+14%)
  • U.S. Safety (+14%)
  • U.S. Electrical (+11%)

AD also reported six-month records for several AD programs and services, including AD eCommerce, AD Center for Independent Distributor Leadership, AD warehouse sales to AD members, AD Rewards and AD Conferences.

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About AD

AD is the largest contractor and industrial products wholesale buying group in North America. AD provides independent distributors and manufacturers of construction and industrial products with support and resources that accelerate growth. 

The company’s 850-plus independent owner/members span 14 divisions in the U.S., Canada and Mexico with annual sales exceeding $70 billion. AD’s 14 divisions cover industries including electrical, industrial, safety, bearings and power transmission, plumbing, PVF, HVAC, decorative brands and building materials. 

For more information, visit www.adhq.com.

 

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