The news is positive for the Equity buying group coming out of its recent annual meeting held in Atlanta.

The group’s year-to-date volume is tracking 7% above last year, Equity President and CEO Matt Roos told Supply House Times. Equity has added 12 new distributors to the group and eight new supplier partners. Member distributors expanded with the addition of four plumbing branch locations and two new showroom locations. Equity’s membership as of mid-October stood at 429 member companies with 587 locations. The group’s business trends 32% commercial, 27% residential, 15% industrial/PVF, 14% showroom, 8% institutional and 4% government/municipality.