The New Milford, CT, bath and kitchen showroom operated by Modern Plumbing Supply started the year out right with a grand opening Jan. 2. This location combines a 5,000-sq.-ft. luxury showroom, a 5,000-sq.-ft. self-service parts counter and a 15,000-sq.-ft. warehouse in one expanded and renovated building that had previously housed only its 10,000-sq.-ft. warehouse, adjacent to its former showroom. The showroom faces competition from a Home Depot store across the street and another upscale wholesaler showroom about 15 miles away.
It has been a very good year, and PHCP wholesalers surveyed by SUPPLY HOUSE TIMES are projecting more of the same for fiscal 2006. Last year we reported that a record percentage of responding wholesalers enjoyed higher sales in 2004 and about 95% projected sales would rise again in 2005. The number of responding PHCP wholesalers who achieved those sales increases in fiscal 2005 was even higher: 95.8%.
Preferred Pump & Equipment, LP, based in Fort Worth, TX, has enjoyed phenomenal growth over the past 14 years. It was founded in 1982 as a small distribution company in Texas and has evolved into a leading wholesale distributor of domestic water system products in the United States, with 30 branches.
Preferred Pump offers a Dealer Awards program that provides customers with merchandise or trips based on their purchases. The 2005 program was effective for purchases shipped and invoiced between Jan. 1 and Dec. 31, 2005. Preferred customers were invited to enroll by completing a form and having an officer, owner or manager sign it. Customers earned one award point per $1,000 in program period purchases.