New products are the oxygen of manufacturers, and the industry. While most sales come from products that have been introduced more than three years ago, progressive companies focus on a key metric – revenue from products introduced in the past […]
Halco recently announced the sale of their specialty lighting business to Hayward Industries, a leading pool and irrigation manufacturer. Every electrical / lighting distributor is familiar with Halco and their lamp, ballast and fixture offering. It’s probably fair to say […]
Last week WESCO’s board of directors announced a $1 billion stock repurchase authorization. This exceeds the two prior authorizations of $400 million, which expired in 2020, and $300 million initiated in 2017. According to the press release, “Wesco International (NYSE: […]
Last week I mentioned that the recent NAED National meeting had one of the best keynote speakers that NAED has had in 20+ years of attending these conferences. Peter Zeihan spoke about geopolitical issues, correlated it to population trends in […]
Earlier in the week we shared some thoughts we, and Dick Friedman, had on selling services. While distributors can create services based upon their capabilities, there are manufacturers who team with their distributors to bring resources to customers. Such is […]
Over the past several years, a variety of lighting trends have combined to impact the school and higher education lighting retrofit market. One example is the plummeting cost of LED lighting products. LED tube lamps, also known as TLEDs, have […]
John Gross, known as Dr. Copper, authors a weekly newsletter providing significant information on many commodities. He frequently adds some commentary in introduction highlighting some trends. In this week’s issue he shared: “The last time we looked, WTI crude oil […]
The recently signed Infrastructure bill’s wide scope provides ample opportunity for project work in the electrical industry. Peter Ferrell, Manager/Connectivity & Data Policy for the National Electrical Manufacturers Association (NEMA), detailed the benefits of the bill and announced the creation […]
Last month five-year-old Atlantic Coast Electric Supply held its first major customer training event combined with a trade show. At the same time, it recognized key suppliers. The company had over 325 customers turnout for the event and more than […]
March closed with a rash of acquisitions or perhaps many were ones that were going to occur at the end of the year. The following acquisitions occurred recently: Manufacturers NSi acquired Metallics Littelfuse acquired C&K Switches Southwire acquired Novinium Distributors […]
