November 1, 2024
AD, the largest contractor and industrial products wholesale buying group in North America and an SFIA member, reports that member sales in the first nine months of 2024 increased 6% to a record $61 billion across AD’s 14 divisions and three countries.
Same-store sales increased in their respective currencies:
- 2% in the U.S.
- 2% in Canada
- 11% in Mexico
Member purchases from AD suppliers grew 4% to $15.4 billion.
Year to date, 115 new members joined AD, including over 50 that joined as part of the Edge Group merger, effective January 1. This does not include members that are joining AD as part of the merger with IMARK Electrical, which closed on September 24th and is in the integration process. AD members also acquired another 36 companies outside of AD.
“We continue to outpace industry growth and consolidation across our industries and, with the addition of the incoming members joining us from IMARK Electrical, we expect our membership to grow to at least 1,250 members by the start of the year,” said AD CEO Bill Weisberg. “We expect to finish the year strong, and I look forward to partnering with our AD owner/member independents, supplier partners, service providers and associates to do so.”
Read the original news release.
About AD
AD is the largest contractor and industrial products wholesale purchasing cooperative in North America. AD provides independent distributors and manufacturers of construction and industrial products with support and resources that accelerate growth and enhance profitability. Our 900-plus independent owner/members span 14 divisions in the U.S., Mexico and Canada with annual sales exceeding $75 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 adhq.com.
