History: A New Cooperative

 

Forming a New Cooperative, 1992 – 1994

At the 1992 annual meeting, the main topic focused on defining what I.W.D.A. needed to do to be most effective for its members. A steering committee reported on the concept of forming a “Cooperative,” and a unanimous member vote authorized the committee to proceed with its recommendations.

As a Cooperative, it became necessary to hire a Chief Operating Officer to oversee the business. Several candidates were interviewed, and Roger Bolenbaugh was offered the position, with employment to start January 15, 1994.

The Independent Welding Distributors Cooperative, Inc., was incorporated, and, on March 7, 1994, the membership voted to become a cooperative corporation retroactive to January 1, 1994. The purpose of the cooperative was stated as the furtherance of its membership through the manufacturing, warehousing, and distribution of welding and related industrial equipment and supplies.

You’ve read:

 

 

Now continue reading:

 

And if there’s still more you’d like to know about us, please contact the IWDC.

 

view more

News

Jul
13
IWDC Member Vern Lewis Welding Supply New Location
IWDC Member, Vern Lewis Welding Supply, Inc., headquartered in Avondale, AZ, is proud to announce their new store loca...
Jul
11
AWG Celebrates Grand Opening of New Store in Duncan, South Carolina
AWG opened its 75th store in Spartanburg County. The newest branch has high visibility and has a strong team ...
Jul
09
New IWDC Member Arkansas Welding & Industrial Supply
The IWDC is proud to announce a new addition to our membership, Arkansas Welding & Industrial Supply based in Hot Sp...