The 2020 Mid-Year Economic Update_long

IDC-USA to Merge with AD

Merger becomes effective January 1st, 2019.

AD, the contractor and industrial products wholesale buying and marketing group, today announced a merger with IDC-USA, effective January 1st, 2019. The merger brings together the two largest independent bearings and power transmission buying and marketing groups in the United States. IDC-USA will add 76 members to AD's 31.

Chris Hughes, Board Chairman of IDC-USA and President of Transmission & Fluid Equipment, Inc., says, “Voting to join AD was an easy decision for me, as I suspect it was for the majority of my fellow IDC independents. Frankly, with AD’s recent transition to a member-owned organization, it made the decision that much easier. It’s a win–win for all independent distributors.”
 
Ryan Watts, AD Bearings & Power Transmission Board Chair and President of Apex Automation LLC, adds, “This merger certainly helps to strengthen the industry on many fronts. The critical mass of our combined membership will enable us to support our supplier partners even more than we already do.”
 
As a part of the merger, IDC-USA President & CEO George Graham will take on the role of President of the AD Bearings & Power Transmission Division.
About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com