As we get to the midpoint of the year and companies meet for mid-year reviews and discuss their second half strategies, perhaps on of the most important industry forecasts / outlooks is released. Christian Sokoll at DISC Corp just released […]
Retrolux, a leading digital retrofit company for smart and sustainable buildings and UtilityGenius, a North American-focused incentive tracking company, are joining forces to bring UtilityGenius’ best-in-class quick search utility rebate database into the Retrolux software platform where it will be available […]
COVID accelerated many distributors’, and manufacturers’, interest in investing in technology. Coincidentally, just before COVID, NAED released it’s Building a Connected Business report and NEMRA released its Rep of the Future report (if you are a manufacturer or a rep […]
June 13, 2022 The DesignLights Consortium (DLC) deadline is thisclose. On February 14, 2020 the DLC® released Technical Requirements V5.1, with a notice that April 15, 2022 would be the deadline to update V5.0 listed products to V5.1. Those who haven’t updated to […]
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: […]
The second quarter is quickly coming to a close and, for the lighting industry, it ends in a Fair in Las Vegas (LightFair). And if you are attending LightFair, stop by our US Lighting Trends booth – #2277 as Linda […]
Over the past few months there have been a number of small electrical distributor acquisitions that seemingly have fallen below the industry radar. These include: PDI acquired 9 location W.A. Bragg in eastern Georgia and western South Carolina. According to […]
Espen Technology, a leading manufacturer of indoor, LED retrofit lighting products, has announced the appointment of Freddy Preston to the new role of Regional Vice President of Sales for the Southern United States. Prior to joining Espen, Preston has 24 […]
David Gordon
Channel Marketing Group
919-488-8635
