The electrical distributor has gone from hometown seller to a regional leader, and has stayed busy in its centennial year.
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Electrical distributor Van Meter adds to its central distribution center to support demand for services and specialized inventory.
Company veteran Steven Bourbeau will lead operations in portions of Illinois, Michigan, Indiana and Wisconsin.
It’s set to push the distributor’s U.S. datacom and datacenter sales to over $1 billion annually.
The two Michigan-based electrical and industrial products distributors are now officially members of the Sonepar family of companies.
While sales growth slowed sequentially, it was another record quarter for the electrical and industrial supplies distributor.
The company noted that volume declined year-over-year in all three of its business segments.
Wesco signed a five-year contract with an intelligent pricing specialist company to centralize its pricing.
The company's largest segment saw organic sales fall 1.5% in the Americas, though operating profit saw a healthy improvement.
The company also is acquiring a 13-branch distributor in France.
Sonepar’s Ontario region distributor Lumen held its 12th two-day customer event to showcase new products and services.
The electrical distributor's 90,000-square-foot facility in Lower Burrell, PA, became operational in October 2023.
A pair of acquisitions and two other moves pushed the distributor’s footprint to more than 30 locations.
DSG, recently rebranded from Dakota Supply Group, opened its 55th location in the Midwest.
The moves are across the distributor’s locations in Florida and Georgia.
A potential transaction would likely be a merger of Bentley with Schneider's software business and be valued at over $15 billion.
Reading, PA-based Fromm launched an engineering and fabrication division to serve manufacturers and electrical contractors.
Former Wesco VP Shawn Hawkins will join electrical supplies distributor Rexel USA as the Gulf Central Region President.
Christopher Breslin will succeed interim CEO and OmniCable Co-Founder Jeff Siegfried on May 13.
