Distributor Opportunities

A cooperative is a business organized, owned and controlled by the people who use its products or services. Today, cooperatives serve 100% of the U.S. population.

There are many successful cooperatives in the world today…credit unions, mutual insurance companies, power companies, food and hardware stores are a few cooperatives you may deal with on a regular basis.

A cooperative is democratically controlled by its members through a one-member, one-vote policy. Members own the cooperative through their financial investment in the business. Benefits from the cooperative are returned to the members based on their use of the cooperative during the year.

Cooperatives are part of a self-help tradition as old as our nation. Throughout our history, cooperatives have enabled people to meet common needs through group effort. Today, cooperatives continue to play a dynamic role in our economy and our heritage.

Any Independent Distributor in the bearing, power transmission, and related products industry can become a member of the IDC-USA Cooperative provided qualifications for membership are met.

Must be a privately held company
Operate business free of financial control from any manufacturer
In business a minimum of two years
Maintain a minimum combined inventory of bearings, power transmission equipment and/or other industry-related products of $200,000
Submit Application for Membership with $1,000 non-refundable application fee
Purchase 40 shares of IDC-USA capital stock with a $500 per share par value
Must be well respected in the industry and a recognized force in the marketplace
Compliance with all IDC-USA bylaws, customs, and agreements
Maintaining confidentiality of all IDC-USA arrangements and agreements
Participation in IDC-USA shareholders meetings, programs and surveys
Payment to IDC-USA, fellow IDC-USA member-owners and supply partners in accordance with terms and conditions
Payment of patronage fees and assessments within required time
Honesty, integrity and financial stability
Approval by IDC-USA Board of Directors

If your company meets the above criteria and you have an interest in becoming a member of IDC-USA, click on the link below to submit a membership application. You may also contact Todd Carroll, Vice President, at tcarroll@IDC-USA.com.

Independent Distributors who are member-owners of IDC-USA find value in the services & products we provide to support the future success of their business. Some of the many benefits independent distributors enjoy as member-owners of IDC-USA include:

Many member-owners of the IDC-USA cooperative are content exercising their membership privileges by voting in the annual elections and attending semi-annual shareholders meetings. For those distributors desiring a more active role in shaping the growth and future of the cooperative, many opportunities for involvement are available.