Parts Town Unlimited, Addison, Ill., a distributor of OEM foodservice equipment parts, residential appliance parts, HVAC parts, consumer electronic parts and related parts, reported 20% organic growth in its fiscal 2023 first quarter.
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Parts Town expects to reach $2.4 billion in sales in 2023, compared with $1.8 billion in 2022.
“We have further amped up our ambition and investment in talent and technology in recent years,” said Steve Snower, CEO of Parts Town Unlimited. “We see an opportunity to innovate across several mission-critical parts categories, delivering a unique customer experience and partnering closely with manufacturers to grow OEM parts share, simplify operations and improve equipment uptime.”
Recently, the company launched its HVAC parts category in April 2023. In 2022, Parts Town’s digital channels delivered more than 70% of its revenue. Parts Town Unlimited added over 30 master distribution programs in 2022, allowing them to provide and deliver same-day shipping and local pickup of its parts.
