AD is reporting total 2021 member sales were $58.5 billion, a 30% increase from 2020, with purchases by member companies from AD supplier partners up 39% to $16.6 billion. Additionally, AD achieved a 49% increase in net distributions to its members, surpassing the $1 Billion milestone for the first time in the group’s 40-year history.
20.5% growth comparing December 2021 to December 2020; Slight decline in 1-month comps.
February 1, 2022
Respondents reported a median sales increase of 20.5% for November 2021 vs. 2020. In comparison to the previous month (December 2021 vs. November 2021), respondents reported a modest decline in sales of -2.2% (the previous monthly sales report had a 3.5% increase in the same category; November 2021 vs. October 2021).
Distributor Data Systems (DDS) announced the launch of its wholly redesigned website. The site’s updated design and messaging unveil new branding while clarifying the company’s solution offerings and directing visitors to the most relevant and efficient customer experience according to their needs.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) members raised $134,550 in 2021 for Homes for Our Troops, the association’s philanthropic partner. In addition to the cash donations raised in 2021, HARDI members committed to donating the HVACR equipment to 19 specially adapted homes for injured military veterans across the country.
Marcone, a distributor of home appliance, HVAC and plumbing repair parts and equipment across North America and current portfolio company of Genstar Capital announced it has acquired Munch’s Supply, a distributor of HVAC equipment, parts and supplies from Ridgemont Equity Partners. Ridgemont and the Munch’s management team will retain a meaningful minority stake in the combined entity.
APR Supply Co. announced it has partnered with Podium to offer its contractors a solution to improve their customer experience with award-winning interaction management. Podium is a communication and payments platform that uses the simple power of texting to empower businesses to get more reviews, convert website traffic, collect payments and send promotions.
In 1992, I self-published a thick book I called, "The Lost Art of Steam Heating." I did this because I could not get a publisher interested in something that few, if any, contractors had installed since the 1930s. I thought it would do well in New York City, where there are still plenty of steam-heated buildings, but to my delight, we sold tens of thousands of copies everywhere, and even in Hawaii. Go figure.
Founded in 1922 as Lebanon Plumbing Supply, APR Supply Co. is now guided by third generation owner, President and CEO Scott Weaver. Since its inception, APR Supply Co. has grown from a single location to 39 branches and 9 Oasis Kitchen and Bath Showrooms throughout Pennsylvania, New Jersey, and Delaware.