20.5% growth comparing December 2021 to December 2020; Slight decline in 1-month comps.
February 1, 2022
Respondents reported a median sales increase of 20.5% for November 2021 vs. 2020. In comparison to the previous month (December 2021 vs. November 2021), respondents reported a modest decline in sales of -2.2% (the previous monthly sales report had a 3.5% increase in the same category; November 2021 vs. October 2021).
On Thursday, January 13, Williams Distributing hosted a ribbon cutting ceremony to announce the grand opening of their new distribution center. Owners, members from the executive team, and the Mayor of Kentwood attended along with Representatives of the Grand Rapids Area Chamber of Commerce.
F.W. Webb Company announced the acquisition of Stritt & Priebe, a specialist in industrial valve supply, service and repair in Buffalo, New York, and VJ Stanley, a wholesale-distributor and manufacturers' representative of steam and hydronic products in Rochester, New York.
Distributor Data Systems (DDS) announced the launch of its wholly redesigned website. The site’s updated design and messaging unveil new branding while clarifying the company’s solution offerings and directing visitors to the most relevant and efficient customer experience according to their needs.
AD announced its member-owners elected two directors to its 2022 board of directors. AD’s newly elected director is Karla Neupert Hockley, president of Consolidated Supply Co. Tim Horsman, president & CEO of E.B. Horsman & Son was reelected by AD’s member-owners.
Edward J. Nierman, a founding partner of Canton, Massachusetts-based Independent Pipe & Supply, Canton, Massachusetts passed away on January 15, 2022, at 98 years of age. Nierman was a pioneering giant in the world of pipe, valves and fittings. A man of modest upbringing, he joined his parents in their small, used plumbing supply business. He and his brother Al expanded the business in 1950 into Independent Pipe & Supply.
Viega has introduced an entirely new line of MegaPressG valves in sizes ½" to 2". These valves, like MegaPressG press fittings, are approved for use in gas and fuel oil applications. The valves are suitable for use with ASTM Schedule 5 to Schedule 40 carbon steel pipe.
The National Kitchen & Bath Association (NKBA) released its annual Market Outlook report. Its goal is to provide a thorough assessment of how various economic and housing market trends are impacting the kitchen and bath industry. The report provides a gauge of the current market size and a forecast for the entire year.
As distributors have navigated the past two years full of new challenges and unprecedented circumstances, the power and importance of learning from peers and engaging in educational resources has become more important than ever before. The American Supply Association has long provided networking and educational opportunities for its members, and its partnership with the Association Education Alliance (AEA) and involvement with the annual University of Innovative Distribution (UID) conference is one example.
ASA Chief Economist Chris Kuehl is back Wednesday, Jan. 18 at 2 p.m. Eastern/1 p.m. Central with his first ASA economic update webinar of the year, taking a look at the 2022 forecast.