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WÜRTH INDUSTRY OF NORTH AMERICA (WINA) POSTS IMPRESSIVE FIRST QUARTER RESULTS

Thursday, April 27, 2017   (0 Comments)
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Würth Industry of North America (WINA) announced impressive first quarter results today.

WINA's 2017 Q1 sales were $179.2 MUSD, an 8.3% increase from Q1 2016. “Our mission to provide an innovative solution for our customers and the response continues to be positive,” says EVP Marc Strandquist.

WINA consists of a cohesive network of 11 companies in the U.S., Canada and Mexico that provide customizable inventory management solutions for assembly fastener components and maintenance,repair and operations (MRO).

Strandquist credits WINA employees for the successful quarter. “Success is dependent on having a strong team,” says Strandquist. “We are fortunate to have one of the best. Their dedication and heart is unrivaled.”

The growth is a further continuation of WINA’s achievements. “In three years WINA has doubled in size to almost $700MM in sales,” says Strandquist. “Our strategic acquisitions and expanded logistics capacity have been key in upholding our commitment to customer service.”

This success isn’t just limited to WINA. The Würth Group, of which WINA is a part, posted a double record in March. It succeeded in setting both a new monthly sales and operating result record at $1.28 BUSD (EUR 1.178bn) and $1.08 MUSD(EUR 100m), respectively.

About Würth Industry of North America

Würth Industry of North America is a part of the Würth Group, a world market leader in its core business, the trade in assembly and fastening material. It currently consists of more than 400 companies in over 80 countries, and 70,000 employees. More than 30,000 of these employees are permanently employed sales representatives. The Würth Group generated 12.48 billion EUR in sales in the business year 2016. For more information on Würth Industry of North America and the Würth Group, please visit the website www.wurthindustry.com.

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