Affiliated Distributors Industrial sales grew 4% in the first quarter of 2013 on a same store basis from $1.35B to $1.40B.
Jack Templin, AD’s President of the Industrial Supply Division shares, “There are several indicators that point to a slowing in the Industrial Industry at large with many manufacturers reporting results to be sales essentially flat for the first quarter. However, the AD’s industrial division outperformed the market, an objective we strive for every quarter.”
Sales for all AD Affiliates, across all AD Divisions, grew by 5% in the first quarter to $6.5 billion. AD Affiliates outgrew their markets in every AD Division in the quarter.
Doing their part for the economy, in the last three months, AD Affiliates hired 1079 new employees and opened 41 new locations.
Affiliated Distributors congratulates all independent market leaders’ growth.
About Affiliated Distributors
Affiliated Distributors provides independent distributors and manufacturers of construction and industrial products with support and resources that accelerate growth. Our 450 plus independently owned members span seven industries and two countries with annual sales in excess of $25 Billion. For more information visit: www.ADHQ.com