IWDC Sets Monthly Record
Spending through the welding co-op exceeded $23 million in March, led by a 30 percent increase in gas.
Posted: April 20, 2018
The spend of member companies in the Independent Welding Distributors Cooperative (IWDC; Indianapolis, IN) through their co-op exceeded $23 million in March 2018, smashing the prior record established in June 2017 by over $2 million. “Hardgoods were up 20 percent, but Gas spend has led the way so far in 2018, an astonishing 30 percent increase over same period in 2017,” stated Rich Mansmann, their vice president of Gas Programs. “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, in particular Air Products and Gas Innovations.”
In May, IWDC will bring together their members and vendor partners for their annual sales and purchasing convention taking place in Indianapolis. “We have expanded our traditional format to include a “Gas Day” agenda that will be packed full of informative vendor partner-led workshops,” stated Erica Jones, the director of marketing for IWDC. “We have the momentum of a strong start across all of our businesses and look for continued growth with our hardgoods, cylinder asset and gas vendor partners.”
The IWDC is a cooperative, formed in 1994, which leverages the strengths of its independent welding distributor members across North America. IWDC member companies collectively represent over $2.2 billion in sales, serving a wide range of industries with industrial, specialty, and medical gases, as well as related equipment, welding hardgoods, and consumables.
Subscribe to learn the latest in manufacturing.
