September 16, 2022
Wesco is honored to be ranked as the #1 Electrical, Data and Security Distributor on the Modern Distribution Management (MDM) 2022 Top Distributors List. Wesco was also recognized as a top industrial, MRO and safety distributor. We’re proud to leverage our strength to deliver ingenuity to customers worldwide.
After a decade of investing in grid modernization, utilities are more efficient, innovative, sustainable, and customer focused than at any time in their history.
Investment in building construction increased 4.0% in February, reaching $20.0 billion for the first time. Most provinces reported gains, with Quebec accounting for over 50% of the increase.
Canadian manufacturing sales rose 0.7% to $72.4 billion in August on higher sales in 9 of 21 subsectors, led by the petroleum and coal (+10.5%), food (+1.5%) and machinery (+2.4%) subsectors. This was the second consecutive monthly increase. Meanwhile, sales of fabricated metals (-3.5%) and miscellaneous (-9.4%) declined the most in August. The monthly increase was due mostly to higher prices as sales in real terms decreased in August (-0.7%). The Industrial Product Price Index rose 1.3%.
In support of the company’s mission to build a culture that recognizes and celebrates the value of diverse backgrounds, equity in opportunity and inclusivity in action, Southwire is pleased to announce the Phase Two launch of its diversity, equity and inclusion (DEI) website.
In an industry where profit is defined as pennies, adding pennies to the bottom line makes the difference between a net loss, an average year or being a top performer. Issues that may be caused by rising material cost prices, especially at the current pace, become critical for distributors.
The price of copper has levelled off considerably since we last visited the red metal. After the chart skyrocketed to nearly US$2.70 a pound following the November election, the price has come back to reality. That being said, the new level to judge copper is somewhere around US$2.30 to US$2.50 a pound. That is a far cry from the recent past when investors were happy to see copper top the US$2.00 plateau. tED contributor Jesse Colombo points out that the break above the US$2.30/pound resistance level in November gave a bullish signal that led to another 20% advance to US$2.75/pound. Since then, copper has pulled back a bit.
Emerson has recently announced the appointment of Michael Tang as senior vice president, secretary and chief legal officer, effective Jan. 1, 2024. Tang succeeds Sara Yang Bosco, who will retire from Emerson on Dec. 31 after 18 years with the company. As chief legal officer, Tang will be responsible for all legal matters and global… Read More…
December 4, 2023 City Electric Supply (CES) is thrilled to announce the acquisition of Coldbrook Electric Supply, a respected independent wholesaler in Nova Scotia. The acquisition was completed on Dec. 1, 2023, marking a significant milestone in CES’s expansion strategy as the company now extends its reach from coast to coast, proudly serving customers in six provinces… Read More…
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…
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
