Atkore announced its Q1 2026 results on May 5. There sales were $731 million, an increase of 11%. However, gross margin fell sharply to 18.6% from 26.4% a year ago, and adjusted EBITDA declined year over year to $81.1 million from $116.4 million. Organic volume increased 5% […]
Last month AHTD, the Association of High-Tech Distributors, or more commonly referred to as the automation market, held their Spring Meeting. Reports were that it was well-attended by both distributors and manufacturers. In addition to distributors and manufacturers pairing up […]
Last week Nexans spent $800 million to enter the US electrical distribution wire / cable business with their acquisition of Republic Wire. This week we start with the news that Hubbell made the largest acquisition in many years, sending $3 […]
Recently Forward Solutions, best known as Electris360 in the electrical industry and the firm that owns ElectroRep, RB Sales and Fields Electrical Sales, acquired Sales Lane, a California manufacturer rep firm. Forward Solutions’ ElectroRep Acquires, Integrates, Sales Lane According to […]
As a distributor, you heard about AI at every conference. Your IT department, or provider, is talking about AI and “we could do this, we could do that.” You hear about internal “skunk works” projects that are occurring within your […]
