Mike Miazga 2016-03-04 04:44:50
AD MEMBER SALES RISE IN 2015 Wayne, Pa.-based buying group AD reported sales for all its members across all seven divisions and three countries grew by 2% in 2015. Performance within AD’s operating segments ranged from an increase of 10% to a decrease of 3%. “Our diversified business strategy of operating across seven industries and three countries allowed us to capitalize on high growth areas of the economy and offset the negative impact of commodities, oil and gas and major industrial markets,” AD Chairman and CEO Bill Weisberg said. “The efficiencies afforded by our scale, along with the prudent management of investments and operational costs allowed us to deliver more than 100% of rebates to our independent member distributors and to cover 100% of our expenses.” In 2015, AD members across all divisions hired 5,569 new employees, opened 319 new locations and made 33 acquisitions. WOLSELEY INDUSTRIAL CANADA ACQUIRES MEDALLION PIPE SUPPLY Wolseley Industrial Canada recently acquired all the assets of pipe supplier Medallion Pipe Supply Co. Medallion, established in Saskatoon, Sask., in 1992, supplies the mining and industrial sectors with a wide range of pipe as well as grooving and threading systems. Medallion’s Saskatoon location is now part of Wolseley Industrial. “The team at Medallion has spent years building the company into a trusted supplier to the industry across Canada and we know they’ll bring that same commitment, dedication and hard work to Wolseley Canada,” said Bryn Murray, vice president of Wolseley Industrial Canada. PVF ROUNDTABLE KICKS OFF YEAR WITH ANOTHER STRONG TURNOUT The success of the PVF Roundtable Scholarship Fund has been well-documented in recent years. In mid-February, attendees of the winter PVF Roundtable meeting at the Westin Galleria in Houston were able to see just how impactful the scholarship program is. Eric Santana, a student in Texas A&M’s industrial distribution program, told the audience how much his PVF Roundtable scholarship has helped him. Santana was accompanied by Don Fazzino, assistant director of development with the university’s Dwight Look College of Engineering. Santana is slated to graduate in May. “I’m so excited to go into the workplace,” he said. “I can’t stress enough how much the fishing (TroutBlast) and golf tournament (Don Caffee Memorial) means (those are the main PVF Roundtable scholarship fundraising events). When I say it’s life-changing, it’s not a cliché. From the bottom of my heart, thank-you so much.” The winter PVF Roundtable meeting, the first of four in 2016, brought together 425 members of the industrial PVF supply chain. Jeff Share, editor of Pipeline & Gas Journal, was the evening’s keynote speaker and delivered a dose of much-welcomed good news to the industry — pipeline construction projects are alive and well. Share referenced a P&GJ 2016 survey that indicates 94,799 miles of pipelines are planned and under construction worldwide. Of these, he revealed 49,848 miles represent projects in the engineering and design phase, while 44,951 miles are in various stages of construction. The survey shows North America accounts for 34,122 new and planned pipeline miles, by far the world leader in that category. “Projects are being built and there are more on the way,” he said. Also during the evening, Supply House Times Editor Mike Miazga presented representatives of Penn Machine with the 2015 Supply House Times PVF Ring of Honor award. To read about Penn Machine’s induction, visit http://tinyurl.com/gs7l346. The next Roundtable meeting takes place Tuesday, May 17 at the Westin Galleria. On Monday, May 16, the Don Caffee Memorial Golf Tournament will be held at Sweetwater Country Club in Sugar Land, Texas. Proceeds go to the PVF Roundtable Scholarship Fund and benefit the industrial distribution/engineering programs at Texas A&M and the University of Houston. THE MACOMB GROUP EXPANDS INTO NORTH CAROLINA Sterling Heights, Mich.-based The Macomb group recently acquired the operations of Mechanical Supply Co., a North Carolina-based distributor of pipe, valves and fittings to commercial and industrial customers. “We’ve been looking for the right opportunity in the Southeast for a number of years and see Mechanical Supply as having many of the same qualities as our own organization — putting customers and service first,” said Bill McGivern, CEO of The Macomb Group. The Macomb Group now will operate 19 locations in Michigan, Ohio, Pennsylvania, Kentucky, Tennessee and North Carolina. Scott Reid, co-founder and president of Mechanical Supply Company, noted the numerous similarities between the two organizations. “From the first conversation, it seemed like a perfect match,” he said. Mechanical Supply Co. Now will operate as Mechanical Supply Co., a member of The Macomb Group. For more information, please visit www.macombgroup.com or call 888/756-4110.
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