The Independent Welding Distributors Cooperative (IWDC) reported that its members spend in October set a new all-time monthly record, reaching $39.1 million.

“We have never broken through $40 million for a month but we are getting close and are excited to raise the bar again,” stated Frank Kasnick, President & CEO in a statement. “This is a testament to the strength and resilience of the independents in our welding and gas industry and reflects the strong support from our Vendor partners.”

The new spending record was celebrated at the Nov. 5-7 Owners Meeing held at the Hyatt Regency Resort in Bonita Springs, FL. The IWDC also reported that McGregor Welding Supply — a Belton, TX-based provider of welding supplies and equipment, tools and PPE — joined the cooperative effective Dec. 1.

The IWDC is a cooperative which leverages the strengths of its independent welding distributor Members across North America. IWDC Member companies collectively represent over $4.2B in sales, serving a wide range of industries. The common denominator is that these industries look to them for industrial, specialty and medical gases as well as related equipment, welding hardgoods and consumables.