Sonepar Canada has entered into an agreement to acquire MGM Electric Limited, a leading, full line electrical distributor in Thunder Bay and Northwestern Ontario. The acquisition is scheduled to be completed by April 1st, 2014.
“MGM Electric is a great addition to our Northern Ontario footprint, outlining many synergies with our current businesses,” says Francois Anquetil, President and Managing Director of Sonepar Canada. MGM Electric has been in business for over 25 years, becoming a leading full line electrical supply and lighting wholesaler in Thunder Bay and Northwestern Ontario.
MGM Electric will join Sonepar Canada’s Ontario division, consisting of Dixon, Gescan, Osso, Sesco and Texcan. The existing MGM executive management team will remain with Tere McDonald as President, Doug Chadwick as Vice President of Sales, and Ed Fukushima will become an external consultant providing continued leadership to the business.
By Gurvinder Chopra
This June, Canadians will commemorate Electrical Safety Month; June also marks the fourth month of the COVID-19 pandemic national lockdown. For many Canadians, working from home has become the new normal. As confinement continues, the demand for constant power feed to connect to the world we now live, work, and play in at home has grown substantially. Homes are being equipped with new technologies that offer plenty of benefits, but they also place high demand on electrical systems at home, potentially causing serious safety risks.
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The total value of building permits issued by Canadian municipalities decreased 13.2% to $7.4 billion in March, with declines reported in seven provinces and two territories. The $1.1 billion national decrease was the largest since August 2014. This reflected notable drops in Ontario (-12.9%), Quebec (-18.1%) and British Columbia (-19.4%), which coincided with efforts to slow the spread of COVID-19.
Value of residential permits down
The total value of residential permits decreased 13.1% to $4.6 billion in March.
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Harold Hayes, a stalwart of the electrical industry, passed away peacefully in Scarborough, Ontario at the age of 90 on May 9, 2020.
Harold joined the industry as an apprentice at age 18, working first for his father’s business, Power Cable Installations, and then for Comstock. Among his later accomplishments, he formed Federal Pioneer Electric’s electric heating division, served as president of the Ontario Electric League in 1985, and while in his 80s consulted for Intellimeter Canada Inc.
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Blake Marchand
Sarah Silverstein is a principal with Liteline along side her two brothers Mark and Daniel. Together, they lead the company founded by their father, Steve Silverstein, who retired in 2018.
Although she initially pursued a career in outdoor education, Sarah was instrumental in the company’s expansion into architectural lighting and the U.S. market. She joined Liteline as a project manager in between stints working in outdoor education. Now she leads Liteline’s U.S. distribution arm and marketing department.
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