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March EW Web News Apr 17, 2002 12:00 PM Eastern Distributing Named One of First Independent Distributors of ITI Security Products ITI, a General Electric Interlogix company, has chosen Eastern Distributing to be one of its first independent distributors of its security products line. As an ITI distributor, Eastern Distributing will market the full ITI product line including the Concord and Simon flagship products. Until recently, ITI products were sold strictly through a dealer direct program. Now, the ITI product line is available through independent distributors like Eastern Distributing. By bringing on ITI, Eastern now becomes one of the largest independent distributors of security products in the nation. "This gives us a product line that makes us one of the stronger independents in the marketplace," said Nick Scarane, Eastern Distributing's Vice-President of Sales. Scarane said this also makes it easier for ITI to get their products to its dealer base. "The biggest challenge in the past was that ITI products had to be shipped directly from their factory in Minnesota -- now their products are more easily accessible for the existing ITI clients as well as for prospective new customers."
PurchasePro Reports March e-Source Results; Sees $193 Million Cross Network During Month
Standard Electric expands into Connecticut with acquisition of B&B Electric
Standard Electric, Wilmington, Mass., has expanded its presence into Connecticut with the purchase of B&B Electrical Supply, Putnam, Conn.
With this purchase, Standard Electric gains two new locations: B&B's Putnam, Conn., and Southbridge, Mass., locations. B&B has 14 employees and does approximately $4 million in annual sales. Although Standard Electric Supply services some businesses in Connecticut, this will be the company's first location in the state. “We didn't have any branches in that area,” said Kurt Schaefer, director of marketing for Standard Electric. “That's our first physical presence in Connecticut. The Southbridge location is probably about 30 minutes away from our branch in Worcester.” Schaefer said that the companies were not extremely competitive, though they shared some of the same customer markets. The companies are both involved with commercial, industrial and contractor business. Standard also services the telecommunications and retail lighting markets. Walter “Skip” Popiak, president of B&B Electrical, said that competition wasn't a factor. “I think they just looked at us as a good branch acquisition,” he said. For Standard Electric, this acquisition will open up the company to some new markets in New England, Schaefer said. “It gives us an opportunity to go a little farther west into central Massachusetts, and further south into Connecticut. It puts us in a different position to be able to strategically take advantage of some of the other businesses (in those areas),” he said. Geography is a key factor in Standard's acquisition strategy, according to Schaefer. Schaefer said that B&B's original personnel are still in place and that Popiak will continue on as the Putnam branch manager. In a move that will broaden its reach from utilities to end users at commercial, industrial and institutional installations, Hunt Power L.P., Dallas, has acquired E-MON Corp., Langhorne, Pa., one of the largest manufacturers of submetering equipment. E-MON, with 36 employees, manufactures electric meters and other energy hardware, software and services for the electric submetering industry. E-MON has more than 3,000 distributors supported by 29 independent sales representative agencies. Historically, E-MON's focus has been on providing metering solutions to end users at apartment complexes, factories, airports and other buildings that need power usage or the power consumption of tenants monitored. Hunt Power provides solutions in the electric industry in traditional IPP generation, distributive generation, metering and information. Appleton, a manufacturer of electrical products for hazardous and non-hazardous locations, is finalizing implementation of a cutting-edge logistics software system in its Memphis, Tennessee national warehouse. The new system will provide Appleton personnel, as well as the company's representatives and distributors, real-time access of order information and inventory flow as a way of improve customer service and overcome inter-enterprise management challenges. "We have thoroughly modernized our national warehouse so that we have visibility of critical logistics information up and down the supply chain," said George Mulligan, Vice President Sales Operations, EGS Electrical Group, who noted that the system is currently available to Appleton's customer service representatives, manufacturer representatives and field engineers. Mulligan expects Appleton distributors will have access to the system in the very near future. For more information, contact Appleton, EGS Electrical Group, 7770 Frontage Road, Skokie, Illinois 60007. Phone, (847) 679-7800.
Universal Lighting Technologies Announces Manufacturers’ Representative Awards at NEMRA
Pat Ferring, sales representative for Bray Sales LLC, Des Moines, Iowa, was named Inside Salesperson of the Year and received a marble globe and $2,000. Also, the following representatives were recognized for Inside Sales with an ULTimate Achiever Award and $500 each:
Roth-Mooney Electrical Agency Inc., Indianapolis, Ind., received an ULTimate Achiever Award for outstanding effort in sales promotion.
IEC Atlanta Chapter Bestows Member of the Year Honor Upon Tibs Group CEO Mark Tibbetts Standard Electric, Wilmington, Mass., has expanded its presence into Connecticut with the purchase of B&B Electrical Supply, Putnam, Conn. Standard Electric, with 10 locations in Massachusetts and Rhode Island — and one in California — has 250 employees and is among the top 50 on Electrical Wholesaling magazine's 2001 “250 Biggest” listing. With this purchase, Standard Electric gains two new locations: B&B's Putnam, Conn., and Southbridge, Mass., locations. B&B has 14 employees and does approximately $4 million in annual sales. Although Standard Electric Supply services some businesses in Connecticut, this will be the company's first location in the state. “We didn't have any branches in that area,” said Kurt Schaefer, director of marketing for Standard Electric. “That's our first physical presence in Connecticut. The Southbridge location is probably about 30 minutes away from our branch in Worcester.” Schaefer said that the companies were not extremely competitive, though they shared some of the same customer markets. The companies are both involved with commercial, industrial and contractor business. Standard also services the telecommunications and retail lighting markets. Walter “Skip” Popiak, president of B&B Electrical, said that competition wasn't a factor. “I think they just looked at us as a good branch acquisition,” he said. For Standard Electric, this acquisition will open up the company to some new markets in New England, Schaefer said. “It gives us an opportunity to go a little farther west into central Massachusetts, and further south into Connecticut. It puts us in a different position to be able to strategically take advantage of some of the other businesses (in those areas),” he said. Geography is a key factor in Standard's acquisition strategy, according to Schaefer. Schaefer said that B&B's original personnel are still in place and that Popiak will continue on as the Putnam branch manager. |
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