It was yet another month of very little change for EM’s Electrical Price Index, which dropped 0.2% from Feb. 2013, and remained at the same level as March 2012....More
In another sign pointing to the sluggish state of the economic recovery, none of the product categories in Electrical Marketing’s Electrical Price Index (EPI) increased in July 2012 over the previous month....More
Electrical product prices remained on their flat trend, showing no change from October and little change in almost all major product categories....More
North Central Electrical Manufacturers Club ( (Bloomington, Minn.): Scott Vergin, vice president, Energy Product Sales, Vadnais Heights, Minn., is now serving a one-year term as the club's president for2013-2014. He succeeds Jim Grahek, field sales rep, Burndy, Plymouth, Minn....More
Madison Electric Products, Bedford Heights, Ohio, has added two new representative organizations. Blanchard Associates, Ontario, Calif., will represent the Southern California territory, and Synergy Electrical Sales, Fairless Hills, Penn., will serve the Pennsylvania and Delaware regions. Synergy will also carry local inventory. With the addition of Blanchard Associates and Synergy Electrical Sales, Madison Electric now has 27 independent manufacturers’ reps across the United States.
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Kriz-Davis Co., Grand Island, Neb., plans acquire the Russell Belden Electric Co., Joplin, Mo. The acquisition will expand the Kriz-Davis footprint from 13 to 17 locations, broadening the company’s presence in Missouri, Kansas and Oklahoma. The deal will be effective July 1....More
KapStone Paper and Packaging Corp. (Northbrook, Ill): The company’s board of directors recently elected David Gabriel, president and CEO of Sonepar North America, as a director of the company. He was elected as a Class A director and has a term expiring in 2016. Gabriel has held his current position at Sonepar since Sept. 2009. From May 2003 through Aug. 2009, he served as president and CEO of Hagemeyer North America. Prior to 2003, he served as senior V.P./general manager of Tenneco Automotive's North American aftermarket business....More
With all the talk about the expanding oil & gas market in the United States, I found this clip on Bloomberg TV about GE's intentions to supply equipment help extract petroleum for the massive oil discovery 150 miles off Brazil's coast to be particularly interesting. Oil experts say there may be as much as 100 billion barrels of oil a mile below the ocean floor. It's said to be the biggest oil find in a generation and could supply all of Brazil's oil needs for a century....More
