Welding Business is Good: IDWC Sets Record
The overall spending of member companies exceeded $216 million in 2017, and January has already started strong.
Posted: January 24, 2018
The Independent Welding Distributors Cooperative (IWDC; Indianapolis, IN) member companies’ spend through their co-op exceeded $216 million in 2017, exceeding the prior record established in 2014 by over $12 million. “We also set six separate all-time monthly records in 2017 and ended strong with a record in December. The year 2017 was quite a milestone,” stated Frank Kasnick, their president and chief executive officer. “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.”
“When combined with direct spend on IWDC programs not invoiced through the co-op, member companies’ spend approached $350 million,” declared Keith Werkley, the director of sales and vendor management. “January has started strong and we are looking for continued momentum and a very robust 2018.”
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