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In The News:

Electrical Distribution

ABB Sales Down 7% in 3Q

Year-to-date sales down 3 percent year-over-year.
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Hexcel Sales Up 9.6% in 3Q

Industrial sales for the second quarter were up 19.7 percent over 3Q2013.
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Motion Industries Sales Up 10% in 3Q

Parent company Genuine Parts Co. sales up 8.2% in 3Q.
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Lincoln Electric Buys Easom Automated Systems

Acquisition strengthens company’s automated welding and cutting segment.
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September 2014 Distribution M&A Roundup: Movement in Electrical, Jan-San Segments

Sonepar, Border States and United Stationers all announced market moves during September.
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Eurazeo Sells Remaining Stake in Rexel

The sale, worth €320 million (US$411.7 million), marks the final step of Eurazeo’s gradual divestment from Rexel’s capital.
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Hunzicker Brothers Agree to Acquire SESCO Electric Supply

Acquisition to strengthen Hunzicker’s position in the electrical distribution markets.
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Rexel Reorganizes in Europe

The electrical distributor combined two of its three European zones to streamline its management structure.
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Crescent Electric to Expand Coverage in Twin Cities

Second area facility to open in Minneapolis.
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Summit Electric Supply to Open New Service Center in Houma, LA

The new location will serve contractors southeast Louisiana, including marine and drilling; industrial; commercial; and maintenance, repair and operation customers.
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