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The company said 4Q sales were $260.5 million — down 0.6% from the same quarter in 2021 — while total-year sales increased 9.7%.
The company plans to implement the new change beginning May 1, more than three years after many staff members began working remotely.
The campaign supports power transmission/motion control industry employers to be more successful in their recruitment and retention efforts.
Sales for 4Q 2022 were $35.8 billion, an increase of $112 million (or 0.3%) from the same quarter a year before.
JELD-WEN's revenue in its North America segment increased 15.2% in 2022.
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The grand opening of its new 300,000-square-foot Tacoma warehouse and distribution center was held Feb. 1.
The program is designed to prepare the current and future leaders of independent distribution, according to AD's announcement.
Year-to-year food prices abated to 11.6%, which is historically high but also the lowest annual increase since October 2021.
A half-dozen distributors made Forbes' 2023 lists for Best Midsize and Large Employers, including a few on MDM's Top Distributors lists.
