Two Associations Join Forces
Reno, NV Two industry-related trade associations the International Hardware Distributors Association (IHDA) and the North American Building Material Distribution Association (NBMDA) have consolidated into one organization, the associations announced.
Under the terms of the merger agreement, the IHDA will dissolve its current operations and become a membership segment of the Chicago-based NBMDA, which already has membership segments in kitchen products and cabinet manufacturing products distribution. IHDA's membership consists of hardware wholesalers and manufacturers.
The consolidation is part of a strategic plan aimed at paving the way to stronger educational programs, networking events and research efforts, the NBMDA said."Trade associations should mirror the industry they serve," said NBMDA executive v.p. Kevin Gammonley. "This [merger] comes at a time of increased industry consolidation and a need for distributors and their representative trade associations to consider possible strategic partnerships in an effort to deliver greater value at lower costs."