22 FW Webb Company
Sales: $910 million
CEO: Jeff Pope
Headquarters: Bedford, MA
23 EIS, Inc
Sales: $740 million
CEO: Bob Thomas
Headquarters: Atlanta, GA
24 United Distribution Group
Sales: Not publicly disclosed
CEO: Darrell H. Cole
Headquarters: Bristol, TN
Sales: $690 million
CEO: Carl James
Headquarters: Cleveland, OH
Sales: $618 million
CEO: David Dean
Headquarters: Zug, Switzerland
27 Turtle & Hughes
Sales: $560 million
CEO: Jayne Millard
Headquarters: Linden, NJ
Recent announcements from FW Webb, wholesale supplier of plumbing, heating,
HVAC/R, and PVF products, include the acquisitions of Watertown Supply in MA and
Grant Supply in NJ. In August of 2015, the company announced Thomas Grunewald
as its new Vice President of Sales.
Acquisitions made a large contribution to a sales increase of 30 percent in 2014.
Most recently, EIS had a solid 2015 second quarter, with a 3. 6 percent year-over-year
sales gain, while operating profit increased nearly 13 percent. EIS acquired Seattle-based Connect-Air International this past April.
The most recent news from United Distribution Group (UDG) was that its subsidiary
GHX Industrial acquired Alabama-based distributor Valley of Birmingham in June,
and in March, GHX acquired Houston, TX-based Fugitt Rubber and Supply.
BDI has recently expanded in Washington, Oregon, California, Texas, Oklahoma,
Missouri, Virginia, and Delaware. BDI has opened a new company in Serbia and
a new branch in Tampico, Mexico, along with a branch in Coimbatore, India. BDI
notes that with 43 percent of its business outside the U.S., currency headwinds had
a sizeable impact on total earnings. BDI’s One BDI SAP system is now operating
successfully in six countries in Europe, while Canada, BDI USA, and BDI Mexico will
roll out SAP in 2016.
According to its 2014 Annual Report, Bossard sales increased by 2 percent to a
record high, with operating margin increasing to 11. 8 percent. The company says
its market position in the field of high-quality engineered products and branded
products has strengthened.
This year, Turtle & Hughes Integrated Supply has experienced robust growth and
for the third consecutive year has posted a 35 percent year-over-year compounded
growth rate. The division has expanded both organically and with the addition of
new customers. It has entered new international markets, including Mexico, and
now has operations in three countries and the territory of Puerto Rico. It has made
a big push into production related tooling, which now accounts for 1/4 of spending.