For many industrial distributors, beating their 2020 sales figures was like swinging at a slow and low softball.
After the economy was shattered by the pandemic, industrial companies who offered critical supplies worked hard to reach their customers, but did so against a backdrop of challenges — shutdowns, shortages and fear of what was to come.
Last year, we saw many businesses limp their way onto this list, posting sales figures down as much as 20 to 30 percent from the year prior.
That’s why assembling this year’s Big 50 has been such an interesting and exciting exercise. Distributors have taken aim and found themselves back on the board, despite what would be considered a massive slate of challenges in any other year. But perspectives have changed, and businesses seem grateful for the opportunity to keep their doors open and offer their clients the improvement opportunities they’re known for.
WATCH OUR BIG 50 COUNTDOWN VIDEOS: Part 1: 50-31, Part 2: 30-11, Part 3: 10-1
This year, we see some companies on this list gain several spots due to massive sales gains supported by a fairly even (or even positive) year in 2020. But most, instead, saw the impact of the high tide raising all ships — meaning they stayed fairly stable in the rankings despite sizable revenue bumps.
Another impact of the rising tide was that, despite challenges relating to the supply chain, inflation and talent shortages, an impressive volume of acquisitions took place. We detail this 2021 activity in the coming pages, along with notable 2022 additions, as well. The strong M&A activity underscores a general business confidence that is reflected in this report, where distributors refuse to yield to temporary market conditions and seem committed to carrying out their strategic plans.
And it seems to be only getting better from here. While this report examines the 2021 fiscal environment, many of the companies on our list are showing marked increases in sales revenue into their first and second quarters of 2022, some posting records.
Congratulations to all of the companies listed in the coming pages; we foresee continued growth as they move forward.
The Industrial Distribution 2022 Big 50 |
||||||
---|---|---|---|---|---|---|
# |
Company |
Headquarters |
2021 Sales |
Top Executive |
Locations |
Employees |
1 |
Lake Forest, IL |
$13 billion |
DG Macpherson |
555 |
24,200 |
|
2 |
Birmingham, AL | $7.5 billion | Randy Breaux | 850+ | 9,100+ |
|
3 |
Radnor, PA | $6.3 billion | Marcelo Fioranelli | N/A | N/A |
|
4 |
Winona, MN | $6 billion | Daniel Florness | 3,209 | 20,507 | |
5 |
Dayton, OH | $5.5 billion | John McKenzie | 650 | 8,161 | |
6 |
Norcross, GA | $4.8 billion | John Stegeman | 450+ | 9,000+ |
|
7 |
Melville, NY | $3.24 billion | Erik Gershwind | N/A | N/A | |
8 |
Cleveland, OH | $3.23 billion | Neil Schrimsher | 568 | 5,900 | |
9 |
Wesco (Industrial) | Pittsburgh, PA | N/A | John Engel | N/A | N/A |
10 |
Houston, TX | $2.66 billion | Rob Saltiel | N/A | N/A |
|
11 |
Greenwood, IN | $2.64 billion | Dan Hill |
81 | 2,499 | |
12 |
Bedford, MA | $1.8 billion | Jeff Pope | 112 | ~3,100 | |
13 |
Belmont, NC | $1.7 billion | Chuck Delph |
N/A | N/A | |
14 |
Houston, TX | $1.63 billion | David Cherechinsky | 180 | 2,350 | |
15 |
Graybar (Industrial) | St. Louis, MO | $1.4 billion | Kathleen Mazzarella | 300+ | 8,800 |
16 |
Newport News, VA | N/A | Kevin Murphy |
1,470 | 28,000 | |
17 |
Houston, TX | $1.11 billion | David Little | N/A | N/A |
|
18 |
Port Washington, NY | $1.1 billion | Barry Litwin | 8 | 1,600 | |
19 |
Novi, MI | N/A | John Beaudoin, Mitch Bair | 76 | 1,300 | |
20 |
Cleveland, OH | $824 million | Carl James | 187 | 1,437 |
|
21 |
Linden, NJ | N/A | Kathleen Shanahan | 14 | 850 |
|
22 |
Wood Dale, IL | $637 million | Daniel Harms | 37 | 1,400 | |
23 |
Fargo, ND | $537 million | David White | 104 | 2,600 |
|
24 |
Tulsa, OK | N/A | John Mark | 46 | 970 |
|
25 |
Raleigh, NC | $480 million | Philippe Legris | 75 | 1,350 |
|
26 |
Sunnyvale, CA | $461 million | Bill Matthews | 51 | 643 |
|
27 |
Brillion, WI | $431 million | Steve Endries | 13 | 1,050 |
|
28 |
Chicago, IL | $418 million | J. Bryan King |
64 | 3,000 |
|
29 |
Dallas, TX | N/A | Craig Osborne | 100 | 993 |
|
30 |
Columbus, OH | $350 million | Pat McCurdy |
5 | 2,050 |
|
31 | Wajax (Industrial) |
Windsor, ON | $344 million | Iggy Domagalski | N/A | N/A |
32 | Houston, TX | $337 million | Bob Dill | N/A | N/A |
|
33 | Pittsburgh, PA | N/A | Jeffrey Crane | 65 | ~1,000 |
|
34 | Cincinnati, OH |
$270 million | Jay Stahl | 3 | 265 |
|
35 |
Wheeling, IL | $265 million | Jeff Waller | N/A | N/A | |
36 |
Greensboro, NC | $252 million | Ed Pearce | 28 | 374 |
|
37 |
Cedar Falls, IA | $248 million | David Jones | 84 | 2,700 |
|
38 | Littleton, CO | $228 million | Ross Surratt | 48 | 598 |
|
39 |
Orange Park, FL | $220 million | J. Palmer Clarkson | 49 | 613 | |
40 | Portland, OR | $200 million | Tim Loy | 32 | 560 |
|
41 |
Fort Worth, TX | $195 million | David Parks | 31 | 420 |
|
42 |
Greenville, SC |
N/A | Kip Miller | 18 | 340 |
|
43 |
Flint, MI |
$157 million | Chris Clarambeau | 14 | 400 |
|
44 |
Florence, AL | $156 million | David Ruggles | 15 | 313 |
|
45 |
Liverpool, NY | $149 million | Kevin Kilkelly | 15 | 405 |
|
46 |
Danvers, MA | $143 million | Bud Richard | 12 | 100 |
|
47 |
Merriam, KS | $141 million | Jeff Cloud | 35 | 340 |
|
48 |
Annapolis Junction, MD | $134 million | Doug Ardinger | 14 | 280 |
|
49 |
San Jose, CA | $125 million | Joseph Nettemeyer | 12 | 161 |
|
50 |
Saginaw, MI |
$92 million | Barbara Mahar Lincoln |
5 |
98 |
Read more in the September-October issue of Industrial Distribution magazine.
See previous Big 50 lists: