The AD Industrial & Safety-U.S. division reported net distributions to AD members grew by 49% in 2021 to $1.12 billion.
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“I’m incredibly proud of the team we have, that works so hard on behalf of the members. A lot of good things happened financially and strategically last year. It’s a nice neighborhood, the billion-dollar neighborhood. We’d like to live there, not just visit it. 2022 is going to be another strong year,” said AD CEO Bill Weisberg said.
The division’s members reached $14 billion in sales in 2021.