Southwire Announces Acquisition of Topaz Lighting Corporation

Southwire + Topaz

Dec 7, 2021

Addition helps position Southwire as an industry leader in electrical components and lighting.

Supporting the company’s growth strategy and building toward its goal to remain a generationally sustainable, diversified electrical company, Southwire is pleased to announce the acquisition of Topaz Lighting Corporation (Topaz) of Medford, N.Y. Serving the construction, industrial and OEM markets for more than 35 years, Topaz is a leading provider of quality electrical fittings, components, and lighting products.

Through this acquisition, Southwire will welcome employees from Topaz and will integrate their distribution network to enhance Southwire’s distribution footprint. Topaz’s existing product line will also be combined with Southwire’s rapidly expanding Components Solutions and Lighting platforms.

“We’re very excited about the addition of Topaz and are pleased to welcome their employees to the Southwire team, specifically to our Tools, Components and Assembled Solutions business,” said Rich Stinson, Southwire’s president and CEO. “We want to provide our customers with solutions for every phase of the job. The acquisition of Topaz helps us further bolster our components offering and expand our portfolio of Lighting products and solutions.”

Southwire will now be able to leverage Topaz’s robust product offering of electrical components, commercial/industrial LED indoor & outdoor luminaires, LED lamps and traditional lighting to further enhance their ever-growing product line of electrical solutions focused on the professional.

“Our acquisition strategy puts our channel partners and end users at the center of our focus,” stated Brandon Moss, Southwire’s President of tools, components, and assembled solutions. “By being the one source for tools, components, and lighting, our partners and customers will be able to enjoy numerous advantages through our expanded product portfolio.”

For more information on Topaz Lighting Corp., visit topaz-usa.com.

 

Related Articles


Changing Scene

  • Labour Force Survey, March 2024 – Employment Shows Little Change

    Labour Force Survey, March 2024 – Employment Shows Little Change

    Employment was little changed in March (-2,200; -0.0%) and the employment rate fell 0.1 percentage points to 61.4%. The unemployment rate rose 0.3 percentage points to 6.1% in March. On a year-over-year basis, the unemployment rate was up by 1.0 percentage points. In March, employment declined among youth aged 15 to 24 (-28,000; -1.0%), while it rose among core-aged men (aged 25 to 54) (+20,000; +0.3%). Employment was little changed among core-aged… Read More…

  • Building Permits, February 2024

    Building Permits, February 2024

    Month over month, the total value of building permits in Canada increased 9.3% to $11.8 billion in February. The non-residential sector grew 12.3% to $4.7 billion due to the issuance of several major construction permits, while the residential sector increased 7.4% to $7.1 billion. Ontario (+21.7% to $5.0 billion) led the growth, with gains occurring across all components. On a constant dollar… Read More…


Peers & Profiles

  • Taken from Graybar Canada Linkedin Post Enjoy a glimpse of the wonderful moments from Graybar Canada’s recent customer appreciation BBQs! The company was grateful for the smiles and connections made with our amazing customers and vendors. They are looking forward to the next gathering! Source Read More…

  • Article taken from Linkedin Post Electrozad is thrilled to spotlight their Chatham Branch and recognize their exceptional efforts in cleaning up their community. The team took time to coordinate a community clean-up around their branch. This is a commendable initiative that not only helps maintain the cleanliness and hygiene around the branch but also contributes… Read More…