Net sales of $6,803 million were 26.6% ahead of last year, 24.5% higher on an organic basis with 1.8% from acquisitions and a further 0.3% from the impact of foreign exchange. Inflation in the first quarter was in the low teens.
After enduring a unique set of challenges through 2020 and 2021, industry experts are excited to move forward into another high-demand year. The excitement is coupled with caution, as supply chain constraints, material pricing and labor shortages are not expected to resolve themselves in the near future.
ASA’s monthly sales report shows October 2021 results that reflect another month of robust performance compared to the same month a year ago. Year-to-date and trailing-twelve-month figures remained strong when compared against 2020, a year that had multiple weeks, if not months of closures or partial closures.
Located at Creekside Commerce Center on John Price Road in southwest Charlotte, at over 200,000 square feet, the new facility nearly doubles the company’s warehouse space in the region. The DC will serve IPEX’s customers in North Carolina, South Carolina, Virginia, West Virginia, Tennessee and Kentucky.
The topic of labor has been front and center for quite some time now inside and outside of this industry. But it wasn’t until the recent Thanksgiving holiday break that it really hit home as to just how bad the current situation is. While waiting for my daughter to finish a recent fitness class, I decided to run a quick errand to mail a package. While driving down this road in an industrial park setting, business after business had roadside signs looking for labor — virtually every business on this busy road.
DDI System, a provider of ERP and eCommerce software for wholesale-distributors, announced David Greene has stepped into a new role with the company as director of business development. Greene, founder and former partner of a market-specific ERP for foodservice equipment and supply dealers joined DDI System as a dedicated Foodservice Market Specialist in January 2020. Greene’s wealth of industry expertise and trusted relationships strengthened DDI’s focus and growth in the foodservice equipment and supplies industry over the past year and a half.
Plumbing and Heating Wholesale (PHW) announced the acquisition of Sioux City, Iowa-based industrial supplier Wigman Co.
Wigman will initially continue to operate in their current location under the same name, plans will be made in the future to identify a new home for Wigman Co. and the industrial team.
The Southwest Pacific Distributors, a regional affiliate of the American Supply Association, recently held its annual awards dinner in Long Beach, California.
Midland Industries announced the acquisition of Century Brass Products, a distributor of primarily machined brass fittings and valves to the plumbing industry across the US.
A highlight of its recent North American Meeting, the 2021 AD PHCP Business Unit Spirit of Independence Awards ceremony celebrated members and supplier partners in all three divisions who excelled in sales performance, marketing excellence, employee engagement, leadership and giving back.
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