On a day that the Dow Jones Industrial Average increased over 1200 points on the news that the CPI declined to 7.7% over the past 12 months, the 30-year mortgage fell below 7% and the 10 year treasury fell to […]
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Earlier this week IDEA announced its Volumetrics initiative along with founding members. With distributors investing into eCommerce (and some for the second and third time) and many in the supply chain pursuing “digital transformation, there becomes an ever-increasing need for […]
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Yes, I know the headline is provocative, however, the goal was to get your attention. The “drug” I’m talking about has been around for almost 60 years in the electrical industry. It’s rebates. Rebates went “mainstream” for electrical distributors in […]
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Last week’s Electrical Association of Philadelphia’s (EAP) Electric Expo was another testament to “customer engagement and showing product” is important. The show, typically held every other year by EAP, generated over 3,000 registrations of which 2250 attended (75% “show up” […]
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Electrical industry deal #21 since July was announced – Applied Industrial Technologies acquired Automation Inc., based in Minneapolis. While some don’t think of automation distributors as part of the “electrical” industry, automation and high-tech products are an integral need for […]
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Crescent Electric notched the electrical distribution industry’s 20th acquisition since July with its agreement to purchase Lowe Electric. Lowe, based in Macon, Georgia and listed as Electrical Wholesaling’s 62nd largest distributor in 2021 (and, according to sources, 2021 revenue was […]
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Acquisitions Accelerate … 19 Since July!
While there may be only eight days left to the national mid-term elections, there are only 60 days remaining to determine who will own a number of electrical distributors. While Rexel initiated the second half of the year acquisition run […]
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Biben Sales, a leading Philadelphia-based independent electrical manufacturer representative, announces the expansion of its geography to Western Maryland and West Virginia territory. The company will initially represent eight manufacturers to electrical distributors and electrical contractors. Biben has already hired staff […]
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Last week NECA held the electrical distribution industry’s largest conference of the year, the result of the convergence of contractors and manufacturers in Austin, TX. There were over 300 manufacturer, distributor, and software company booths in the Exhibit Hall. This […]
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Espen Technology announced the launch of its versaDim RF color-tuning TLEDs, which are wirelessly-controlled, linear LED lamps, using a simple handheld radio frequency remote control. It is as simple to use as a ceiling fan handheld remote, and can be […]
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David Gordon
Channel Marketing Group
919-488-8635 Recent Posts
