The 2024 AD Bearings & Power Transmission (BPT) North American Meeting, held from August 11-14 at the Gaylord Rockies Resort, brought together industry leaders, supplier partners, service providers, and innovators for a highly successful and impactful event. The meeting featured a series of insightful sessions, strategic discussions, and collaborative opportunities that highlighted the continued growth and dynamism within the Bearings & Power Transmission sector.

AD is proud to announce the appointment of two new members joining the Industrial & Safety – U.S. Divisional Board: Alex Hodge, CEO of Horizon Distribution and Matt Onofrio, president of GT Midwest, effective June 2024. The Divisional Board, a vital aspect of AD's member-owned and governed structure, plays a critical role in shaping strategies and helping to direct the future for each respective business segment.

AD Mexico was thrilled to commemorate its 10th anniversary at the 2024 AD Mexico Spring Network Meeting, hosting the AD Mexico Divisional Board, Industrial and Safety Steering Committee, and Supplier Advisory Council, along with 120 AD Mexico electrical and industrial & safety members and suppliers to engage in networking opportunities and discussions on the achievements of 2023 and plans for expansion into new markets in 2024.

AD is reporting a record result for 2023 in owner/member sales, which increased 5 percent over prior year to $78.9 billion.

Purchases by member companies from AD supplier partners were $19.8 billion. Net distributions to owner/members were $1.4 billion.

The AD Bearings & Power Transmission community gathered in Charleston, South Carolina from August 15 to 17 for the group’s annual Network Meeting, strengthening connections and collaborating for mutual growth.

Almost 200 people from AD member and service provider companies across various industries and multiple countries gathered in St. Louis at the 2023 AD Finance, HR & IT Summit from July 19 to 21 for three days of cross-functional collaboration and best practice sharing.

AD has closed its merger with The Baron Group, the premier cooperative serving independent groundwater systems distributors, effective June 30, 2023.

AD and The Baron Group, a buying group serving independent groundwater systems distributors, announced March 31, 2023, an intent to merge the two organizations. The merger is expected to close on June 30, 2023.

AD Bearings & Power Transmission hosted its 2023 North American Meeting from March 21 to 24 in San Diego, where divisional members and suppliers connected for best practice sharing and meeting sessions dedicated to growing their business.

AD announced that its owner/members elected three directors to its board of directors.
Each year, the AD board’s Nominating & Governance Committee holds an open nomination and voting period, during which AD members select members to its board of directors. Currently, more than 140 of AD’s 850-plus member companies provide leadership on corporate and divisional boards and committees.