AD can go on growing
AD (Affiliated Distributors), the largest purchasing/ marketing association in the United States was able to increase its turnover by 7%..........
against the comparable period of last year in the 1st quarter 2015 to USD 7.9 bn (EUR 7.1 bn).
This means that the growth was above general market expectations. All divisions managed to grow, the electrical division in the USA by 7%, in Canada by as much as 12%. The industrial products division rose by 5%, sanitation by 8%, HVAC by 7% and building materials by 12%.
The number of members was also further enlarged in the 1st quarter 2015, with 12 new partners with a total of 51 branches newly joining AD.