Hammond Power Solutions Reports Third Quarter 2022 Financial Results

Hammond Power Solutions Reports Third Quarter 2022 Financial Results

Hammond Power Solutions Inc. has recently announced its financial results for the third quarter 2022. “Hammond continues to experience a very favourable environment where sales from all of our business regions continue to grow at the highest rate in our company’s history.” says Bill Hammond, CEO and Chairman of Hammond Power Solutions.

Consumer Price Index, September 2022

Consumer Price Index, September 2022

In September, the Consumer Price Index (CPI) rose 6.9% on a year-over-year basis, decelerating from a 7.0% gain in August, marking the third consecutive monthly slowdown in headline inflation. Lower gasoline prices were mostly responsible for the deceleration. While prices at the gas pump dropped in September compared with August, Canadians continued to feel the pinch from higher food prices.

Pathways to Net-Zero: Electrification and Transitioning to a Electricity-Based Economy

Pathways to Net-Zero: Electrification and Transitioning to a Electricity-Based Economy

This article stems from the discussion at Nexans’ Change the Current event hosted this past month at the Evergreen Brick Works in Toronto, focusing on the presentation by Dr. Bruce Lourie, a policy expert and best selling author. The theme of the discussion was electrification, clean energy, and achieving net-zero-carbon in Canada and what an electrified future means practically. Lourie discussed the factors that will have the biggest impacts on how we transition to a net-zero economy and some of the barriers to that transition.

Towards Net-Zero Buildings: A Quantitative Study

Towards Net-Zero Buildings: A Quantitative Study

Schneider Electric has taken on the responsibility, as a large organization, to make a positive impact by reducing our energy consumption and CO2 emissions, and contributing to societal progress, while being profitable.. Schneider Electric have set ambitious targets with their 2021–2025 Schneider Sustainability Impact (SSI), in line with the United Nations Sustainable Development Goals.

Bartle & Gibson’s Head Office Customer Appreciation Event Recap

Bartle & Gibson’s Head Office Customer Appreciation Event Recap

After 3 years, on September 30th, 2022, Bartle & Gibson’s head office finally got another chance to thank its customers for all of their support throughout the recent years. The event took place inside Bartle & Gibson’s warehouse location, including the newly expanded section of the warehouse. No expenses were spared with a red carpet lining the entire event.

Targeted Marketing Helps Minimize, Avoid, Recessions

Targeted Marketing Helps Minimize, Avoid, Recessions

Over the past several weeks David Gordon has spoken to a number of distributors and manufacturers who have commented that they have seen a decline in the number of units that they are selling compared to last year, especially for stock items.  While sales revenue remains strong, in most cases this is due to projects or declining backlog. All inquire about thoughts on a recession.

What’s Next – A North American Experience
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What’s Next – A North American Experience

Recently, Canadian Electrical Wholesaler had the opportunity to attend Affiliated Distributors’ 2022 Electrical North American Meeting (NAM). The event, which took place over several days, brought together the group’s members and suppliers from Canada, the United States and Mexico with a goal to plan for what’s next, which was also the theme of this year’s meeting.  Affiliated Distributors (AD) has been working with independent distributors in the electrical market since 1993.

The NEMA- and NAED-backed initiative that’s improving IDEA Connector product data

The NEMA- and NAED-backed initiative that’s improving IDEA Connector product data

Oct 5, 2022 Increased purchasing via e-commerce platforms has put an unprecedented spotlight on product data quality. Although product data is critical for the end user to make a purchasing decision, it is often misrepresented or missing key information on e-commerce sites. The challenge As a result, the amount of time and resources spent on…