Johnstone Supply Achieves Sales Milestone
PORTLAND, Ore. — Johnstone Supply Inc. has reached $2 billion in annual sales. The company, founded in 1953, has a long history of growth and leadership in the HVACR industry. In 1981, the company was converted into a member-owned cooperative with 32 locations and annual sales of $28 million. Today, the 102 members of the cooperative operate 410 locations, supported by six regional distribution centers, with annual sales of $2 billion.
"Two billion is a goal we have been driving hard to reach," said DeWight Wallace, CEO, Johnstone Supply Inc. "We are very proud of this achievement, but we know there is so much more we can do. The great thing about reaching $2 billion is you get to set your sights on $3 billion. At Johnstone, we are all about making it easy for the HVACR contractor to do business. As long as we continue to focus on our customer, I am confident we will continue to grow.”
Johnstone Supply members serve both urban and rural contractors, with locations in 47 states across the U.S., Guam and Canada. In addition to HVACR equipment, the company supplies repair and replacement parts for residential, commercial, refrigeration and facilities maintenance contractors, and carries OEM parts for nearly every major equipment brand. Its website and mobile app form the foundation of a strong eCommerce capability. Additional technology-based efficiency programs give contractors time- and money-saving conveniences for ordering in the field and automating routine tasks. DC