The 2023 ASA annual Operating Performance Report reported a 14.9% after-tax return on assets and a 28% after-tax return on net worth, compared to 15.6% and 26.4% respectively in the previous years.
Demand for extended parts and labor warranty products grows; distributors become primary channel for these products to make their way into the marketplace.
The demand for extended service agreement (ESA) products continues to grow and this growth is fueled by both contractors and homeowners. Homeowners have been conditioned to be offered some sort of extended warranty product on just about anything they buy, from appliances to phones and just about anything else.
During this last quarter, I have had the opportunity to be part of an aggressive development project related to revisions to existing Product Category Rules (PCRs) for the following plumbing fixtures: electronic bidet seats, residential toilets, commercial lavatory faucets, commercial toilets, and commercial urinals.
Wilkinson Supply started out as a six-person operation selling plumbing supplies throughout the Triangle area of North Carolina. Bill Wilkinson, the company’s founder, established a commitment to a customer-first mentality fueled by hard work and dedication. This commitment has carried Wilkinson Supply to growth for nearly 60 years.
In the third edition of the Bath & Kitchen Pro eBook you’ll find both residential and commercial product and design trends, showroom display trends, economic indicators and more!
Last year it came to light that the PHCC National Association had negotiated a discount program for its contractor members with one of its supplier members, Home Depot/HD Supply. Since then, ASA and HARDI members have worked closely with the PHCC chapter and national leadership to express the wholesale distributor community’s concerns and issues with any national trade association prioritizing one supplier member over others.
The Collins Companies announced an agreement to acquire Washburn- Garfield Corporation, a supplier of industrial and commercial pipe, valves, and fittings in Worcester, Massachusetts, as well as their subsidiary, Waites Co., a distributor of abrasives and cutting tools in that market.
Canadian wildfires heavily impacted air quality throughout the United States. Jon Douglas, director of Johnson Controls’ Healthy Building Services and Solutions, offers advice everyone can use to protect indoor air quality (IAQ) when outdoor conditions become extreme.