The pandemic forced distributors to increase their online footprint to meet demands from customers; the result is now the new normal.
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The Georgia-headquartered company says the move supports its desire for ‘corporate sustainability' in the copper industry.
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Cebeo, an electrical distributor and member of the Sonepar Group, has acquired Belgian company Electro Meers.
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The Winona, Minnesota-based distributor topped $6 billion in net sales for the year, including more than $1.5 billion in 4Q 2021.
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Census Bureau: Privately‐owned housing units authorized by building permits were 9.1% above the revised November rate.
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The electrical distributor says Aram Marandyan has been named VP of sales, and Dan Pinshaw will succeed him as branch manager in Los Angeles.
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The company says the recently closed Series A funding will help it expand AI-powered growth platform for distributors.
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The new capital will be used to develop its e-commerce platform and software development for sales teams and technician staff.
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The home appliance, HVAC and plumbing repair parts distributor made a deal to acquire the company from Ridgemont Equity Partners.
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John Pehler, who joined the company Jan. 10, has been appointed chief digital officer after previous jobs at Grainger and Caterpillar.
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An Associated Builders and Contractors analysis of Producer Price Index data shows prices increased over November.
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The Producer Price Index for final demand increased 0.2% in December, the U.S. Bureau of Labor Statistics reported.
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The St. Louis-based electrical, communications and data networking distributor said SVP and CFO Scott Clifford will retire in June.
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