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Headquarters: Cleveland, OH
2016 Revenues: $397 million
Change in Sales from 2015: -11.7%
Key Executives: Carl James, CEO & president, BDI Worldwide; Dan Maisonville, CFO; John Ruth, president & COO, BDI-USA
BDI is a distributor of bearings, mechanical power transmission, electrical power transmission, linear motion, fluid power, material handling, industrial and safety products. Energy markets, including oil & gas and power generation, continue to be a drag on the distributor's sales, but it is looking to food & beverage, automation and package handling as growth opportunities for 2017. Automotive has also been a strong market for BDI.
Key challenges for BDI reflect core challenges for much of the distribution industry, including the acquisition of new and qualified talent and investment in technology upgrades.