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Headquarters: Belmont, NC
2012 Revenues: $564 million
Change in Sales from 2011: 19.0%
2012 Acquisitions: 1 in industrial markets (SGS Supply) and 2 in energy markets
Key Executives: Charles Lingenfelter, CEO; James Melton, EVP and CFO
Industrial Distribution Group is comprised of IDG, Alamo Iron Works, BoringSmith, Ensco Supply, IDG Compressor, ISI, RES Energy, Taylor Air and Taylor Scale. Industrial Distribution Group grew in both the industrial and energy sectors over the past year. In mid-2012, its subsidiary Alamo Iron Works acquired SGS Industrial Supplies in Texas.
Industrial Distribution Group launched IDGsupply.com in October 2012, with e-commerce functionality, a blog and same-day shipping.
In January, IDG joined Affiliated Distributors.
The distributor had announced plans to acquire Alberta-based Commercial Solutions in late 2012, but dropped that bid in January 2013.
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