Graybar expanded its presence in the Chicago market with the surprising announcement that it acquired CX Connexion. According to the press release: “Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management […]
Espen Technology announced the introduction of two new electric vehicle chargers (EVC), expanding Espen’s existing EVC product line: A Level 3 DC Fast, 30kW Movable, Single Gun, 125A, Ethernet WiFi and 4G, RFID, OCPP, CCS1 plugs with 15ft cable in […]
The distributor acquisition train continues to roll on with Green Mountain Electric Supply (GMES) announcing the industries 25th acquisition since July. Green Mountain acquired two location Davis Electrical Supply. This comes on the heels of Green Mountain’s recent acquisition of […]
Over the past couple of years much has been talked, and written, about corporate culture and the evolution that companies “have to” make. This “realization” emanated seemingly from the pandemic which generated increased early retirement, amplified interest in work from […]
The 2022 acquisition tsunami continues to roll with Friday’s announcement that Schaedler Yesco Distribution acquired YESCO Electrical Supply, headquartered in eastern Ohio. This is the 24th electrical distribution acquisition since July of this year. According to the press release: “Schaedler […]
Schneider Electric announced a new CIO for Schneider Electric’s North America region. And the best part … he has sales and distribution experience and hence empathy! Bobby Cain, who joined Schneider Electric in 2014 as VP National Sales Force […]
The past few years have seen the electrical market grow with strong double-digit growth. Much of it was driven by price increases (thank you copper, steel, resins, and supply chain costs / issues!) With it, distributor profitability soared (2021 NAED […]
Following its acquisition of I-Pro this summer, JD Martin has expanded its reach with the acquisition of Integrated Component Sales. ICS, to be known as ICS Martin effective January 1st, is a Southeast industrially-focused agency supporting industrial OEM and MRO […]
Over the past few years NSI has acquired Bridgeport Fittings (2019)and Remke (summer, 2022) as it expanded its fittings offering. The expanded breadth of offering created the opportunity for for a National Sales Manager for the cable and conduit fittings […]
Green Mountain Electric Supply, a leading northern New England and western New York electrical distributor, announced the acquisition of Generation Electric Supply and Lighting. Generation, a single-branch operation, is located in Syracuse, NY. The company was a minority-owned distributor and […]
