Group reports 34% increase in first nine months of 2021.
November 1, 2021
AD is reporting member sales in the first nine months of 2021 were $44 billion, an increase of 34% across its 13 divisions and three countries. Same-store sales were up 19%. Member companies’ purchases from AD supplier partners grew 31%. Net distributions to its members were up 41%.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 21 percent during September. The average annual sales growth for the 12 months through September is 19.6%.
It’s easy to rest on your laurels when things are going well. Some may not think to stretch your organization out of fear that you will get in the way of a “good thing.” Remember the old adage — “If it ain’t broke, don’t fix it.”
Beginning in October, the printed instructions inside the packages of most ProPress, MegaPress and PureFlow products made in the United States will be removed in favor of a QR code printed on the product label.
Berner International, a U.S. manufacturer of air curtains, announced manufacturer representatives SRS Enterprises of Middletown, New Jersey and S & J Equipment Co. of Westfield, Ind., received the company's Rep of the Year award for 2020 in the buy/resell and commission reps categories, respectively.
The National Kitchen & Bath Association announced its NKBA Global Connect programming at KBIS 2022. Geared to international manufacturers and distributors interested in learning more about the North American kitchen and bath marketplace, these programs will be featured on the stage Feb 8-10, 2022 at the Orange County Convention Center in Orlando, Florida.
A family-owned business founded in 1945, Giant markets its water heaters under the Giant brand and employs more than 300 people, primarily in Canada. Giant manufactures water heaters at two facilities in Montreal and sells water heating products across Canada. The addition of Giant to A. O. Smith’s existing water heater operations enlarges the company’s presence in the Canada water heater market, which is characterized by a high percentage of replacement demand.
Critical legislation represents a victory for wholesalers, distributors and Californians alike.
October 13, 2021
After months of negotiation and intense work on the part of the California legislature, American Supply Association and its coalition partners, AB 100 has been signed into law by California Governor Gavin Newsom. This is a positive result that provides manufacturers time to get compliant products into the supply chain and provides wholesalers/distributors a reasonable amount of time to reduce inventory.
With the cultural shift in consumer needs moving from Boomers to Millennials and Gen Z, not only will there be a higher demand for a variety of options but there will also be an increase in wanting more knowledge around what's being installed.