April 9, 2008 - Modern Distribution Management

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April 9, 2008

EIS Agrees to Buy CH Clowers Supply

Leave a Comment / Finance, Mergers & Acquisitions, Free, Top Distributor Sectors, Electrical, News, Subscriber Only /

EIS Inc., Atlanta, GA, a distributor of electrical insulation and other process materials used in electrical original equipment manufacturing, as well as the motor repair industry, recently agreed to buy C.H. Clowers Supply Company. Clowers has one location in the city of Pine Bluff, AR, and is also a distributor of electrical materials to OEMs and repair facilities.
 
The branch is EIS's first in Arkansas.
 
The sale is expected to close by May 1, 2008.
 
With 2007 sales of $436 million, EIS is a distributor of process materials, production supplies, industrial MRO and value added fabricated parts. Primary markets for EIS are the electrical OEM, apparatus repair and assembly markets. EIS has 31 branches and three fabrication facilities in North ...

EIS Agrees to Buy CH Clowers Supply Read More »

U.S. Wholesale Revenues Down 0.8% in February

Leave a Comment / Economic Trends, Research & Analytics, Free, News, Subscriber Only /

February 2008 sales of wholesalers were $377.4 billion, down 0.8 percent from the revised January level, but up 12.2 percent from the February 2007 level.
 
The January preliminary estimate was revised downward $0.9 billion or 0.2 percent.

February sales of durable goods were down 1.7 percent from last month, but were up 3.6 percent from a year ago. Compared to last month, sales of furniture and home furnishings were down 4.6 percent and sales of metals and minerals, except petroleum, were down 4.1 percent.
 
Sales of nondurable goods were up 0.1 percent from last month and were up 20.5 percent from last year. Sales of petroleum and petroleum products were up 2.6 percent from last month, while sales of farm product raw materials were down 4.4 ...

U.S. Wholesale Revenues Down 0.8% in February Read More »

HVAC Supplier RectorSeal Acquires SMD Research

Leave a Comment / Finance, Mergers & Acquisitions, Plumbing Products & PVF Distribution, Free, Top Distributor Sectors, HVACR, News, Subscriber Only /

The RectorSeal Corp., Houston, TX, manufacturer of specialty chemical products and tools for the HVAC industry, has acquired SMD Research, Inc., Coconut Creek, FL, a manufacturer of products for air conditioning condensate control.
 
SMD produces a line of patented Safe-T-Switch overflow shut-off switches, in combination with the Safe-T-Gard condensate overflow alarm and Nu-Line® condensate drain line cleaner. ...

HVAC Supplier RectorSeal Acquires SMD Research Read More »

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