January 16–18, 2012NAED Western ConferencePhoenix; National Association of Electrical Distributors, 314-991-9000, www.naed.org January 31–February 2NAW Leadership Summit Washington, D.C.; National Association of Wholesaler-Distributors, ......More
Research firm Navigant in its latest study estimates that global networked lighting controls revenue will grow from $2.2 billion in 2015 to $4.8 billion in 2024. With this growth, the market is seeing innovation in all directions, Navigant said....More
Emerson said it will also explore strategic alternatives for its motors and drives, power generation and remaining storage businesses, and will conduct a complete review and assessment of its corporate services and structure to bring them into alignment with its smaller scale and sharper focus....More
General Cable Corp., Highland Heights, Ky., said it will sell its Asia Pacific operations to MM Logistics Co., Ltd., for approximately $205 million. The company’s operations in the region include businesses in Thailand, China, New Zealand and Australia. The sale is part of a divestiture program announced last fall and will simplify General Cable’s geographic coverage....More
The Better Buildings Alliance, part of the U.S. Department of Energy's Energy Efficiency and Renewable Energy office, recognized 18 organizations for their achievements in improving the energy-efficiency of their parking facilities....More
Fuse, switchgear and motor part manufacturer Mersen, based in Paris, France, signed an agreement to acquire ASP, a specialist in surge protection devices based in China.
Mersen said the deal is part of a strategy to expand Mersen's electrical segment in the overvoltage protection market. The ASP deal follows Mersen’s acquisition of a majority stake in Cirprotec, based in Spain, in Feb. 2014, which brought the group expertise in IEC standards along with product lines in lighting and overvoltage protection....More