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In The News:

Electrical Distribution

ABB to Divest Cable Business to NKT Cables

The acquisition will strengthen NKT Cable's portfolio.
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Johnson Controls Spinoff Adient Unveils Fiscal Year Outlook

Automotive seating and interiors business projects up to $17 billion in sales for first year.
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ABB Appoints Chief Digital Officer

Guido Jouret will lead development and deployment of digital solutions.
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Turtle & Hughes Forms Rockwell Automation Sales Department

Billy Wresch will lead new department as vice president of industrial automation sales.
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Turtle & Hughes Appoints Head of Global Strategic Sourcing

Randy Roessle taking over responsibilities for electrical and integrated supply divisions.
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Pentair Agrees to Sell Valves & Controls Business to Emerson

Sale narrows company's focus to three segments.
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Avnet Sales Down 6.1% in Fiscal 2016

Fourth quarter sales down 8.4 percent year-over-year.
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July 2016 M&A Roundup: Electrical Deals Highlight Slow Month

Sonepar, Crescent Electric acquire growth amid tepid start to 3Q.
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Lincoln Electric Makes Executive Appointments

Company names senior vice president of strategy and business development and president of Lincoln Electric Canada.
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Houston Wire & Cable Sales Down 19.9% in 2Q

Year-to-date sales down 20.3 percent year-over-year.
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