Okay, everyone is looking for labor. “Experienced” people are few and far between. If you’re thinking about the longevity of your business you need a pipeline of people. Why not consider those who are being educated in lighting, construction, construction […]
Turtle and Hughes and Southwire are two in the electrical industry who are embracing one of the biggest trends in business – sustainability. Over the past decade, perhaps longer, there has been increased interest, and focus, on sustainability to improve […]
Long before the pandemic hit, lighting showrooms and electrical distributors have had a hard time attracting long-term help. Let’s face it, when it comes to selling, the prospect of selling light bulbs, chandeliers, and bath bars in lighting showrooms or […]
Wildcat Electric Supply, a 53-year-old, two location distributor based in Houston, is the latest independent electrical distributor to sell. The second-generation distributor who served the contractor and industrial market in Houston and San Marcos, TX, sold to CED. Knowing Keith […]
The proposed $1.2 trillion physical infrastructure bill, which the Senate passed and is awaiting House action, should contain many expanded opportunities, some of which will be niche markets, for electrical distributors. Being able to take advantage of it, proactively, will […]
The end of June brought three distribution acquisitions and last month brought four more, signaling that there will be a busy second half of the year. July saw: Sonepar acquire Springfield Electric, a $200M+ distributor Teche Electric complete its acquisition […]
The past few weeks have been Q2 earnings reports from publicly held distributors. And records should be expected for Q2 since it is being compared to Q2 2020 … the height of COVID from a business disruption viewpoint. (the comparables […]
Infrastructure plans have been talked about for years by politicians but it appears that one could be on the horizon given recent Washington discussions. The final number, and elements, are still to be finalized, but it appears that the “budget” […]
Earlier this month Acuity combined their quarterly call (Q3 for them as they are on a fiscal year) with their Investor Day. For those who remember Gilligan’s Island, it was a “3 hour journey.” A nicely produced production but, to […]
The first half of the year came to an end with a “bang”. While the channel was challenged throughout the first half with: COVID concerns evolving to an economic recovery Companies redefining their work environment … again … with the […]
