The calendar has turned and Q1 is now history for electrical distributors. Based upon feedback from many it appears to have been a challenge for most. Reportedly a slow January with slightly better in February and some early sprouts of […]
Last week, another $800 million of independent distributor revenue was absorbed by national chains between Border States’ acquisition of Dominion Electric and Sonepar’s acquisition of Standard Electric and Madison Electric, “sister” companies in Michigan. The acquisition of $374 million Dominion, […]
According to the NY Post, 8.26 million people live in New York City and 1.6 million live in Manhattan, the site of last week’s LEDucation. It seemed like all of the Manhattanites descended on the NY Hilton Midtown last Tuesday! […]
This week may be all about lighting as 8,000-10,000 people converge on the New York Hilton to attend LEDucation, wandering down the aisles of multiple ballrooms as they take in 350-400 manufacturer booths. LEDucation is now the largest gathering of […]
Recently Graybar announced record sales of $11 billion and, more importantly, a sales increase of 4.8%. Net income increased to $463 million. A “record” is nice, but any growth will generate a new record. While they serve some of the […]
Rosedin Electric, one of the largest electrical contractors in the country and one that more and more electrical distributors and reps are interacting with as they support / install projects throughout the country, has a strong emphasis on safety … […]
MaxLite, a well-known lighting manufacturer represented by lighting agents and supply reps, offers an effective, value-engineered fixture and controls offering. A few years ago MaxLite launch c-Max, which is its controls offering. Recognizing that specifiers and end-users may desire non-proprietary […]
Eric Borden has enjoyed a 45+ year in the electrical / lighting industry. Some may know him from his present role as President of Verozza Lighting. Others may remember him from his time at Kichler Lighting, Sea Gull Lighting, Juno […]
The other day I was talking to a friend, and he brought up Wesco and asked “What’s going on with them? I heard they are a ‘mess’ and their stock dropped by 30%?” First, I needed to correct him and […]
Monday seemingly was just another day in the electrical industry … with acquisitions and mergers being announced. This time it was two acquisitions, which makes three in two days and, by my recollection, sixteen (yes, 16) in the past 60 […]
David Gordon
Channel Marketing Group
919-488-8635
