News Watch http://ewweb.com/taxonomy/term/7403/more en Pentair to Expand Hoffman Brand with Steinhauer Purchase http://ewweb.com/news-watch/pentair-expand-hoffman-brand-steinhauer-purchase <div class="node-body article-body">Pentair announced it has signed an agreement to purchase Steinhauer Elektromaschinen AG, Germany, a producer of enclosure machining and related technologies.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/pentair-expand-hoffman-brand-steinhauer-purchase" target="_blank">read more</a></p> http://ewweb.com/news-watch/pentair-expand-hoffman-brand-steinhauer-purchase#comments News Watch enclosures Hoffman Pentair Fri, 21 Nov 2014 16:13:00 +0000 21161 at http://ewweb.com Former Electrical Wholesalers Accountant Charged With Allegedly Embezzling $1.6 Million from the Company http://ewweb.com/news-watch/former-electrical-wholesalers-accountant-charged-allegedly-embezzling-16-million-company <div class="node-body article-body">This article in the Hartford Courant says Gale Zolla, a former accountant for Electrical Wholesalers in Middletown was recently charged with embezzling $1.6 million from the company over seven years.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/former-electrical-wholesalers-accountant-charged-allegedly-embezzling-16-million-company" target="_blank">read more</a></p> http://ewweb.com/news-watch/former-electrical-wholesalers-accountant-charged-allegedly-embezzling-16-million-company#comments News Watch Electrical Wholesalers Fri, 14 Nov 2014 15:16:00 +0000 20971 at http://ewweb.com Graybar Reports a Record Third Quarter http://ewweb.com/news-watch/graybar-reports-record-third-quarter <div class="node-body article-body">The company also reported $30.5 million in net income for the quarter, a 6.4% increase from the same period last year.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/graybar-reports-record-third-quarter" target="_blank">read more</a></p> http://ewweb.com/news-watch/graybar-reports-record-third-quarter#comments News Watch Wed, 05 Nov 2014 20:18:00 +0000 20821 at http://ewweb.com Sonepar's Brook Electrical Acquires Platinum Electrical Supply http://ewweb.com/news-watch/sonepars-brook-electrical-acquires-platinum-electrical-supply <div class="node-body article-body">Platinum Electric Supply, founded in 1994, is a family-owned and operated business that serves residential, industrial and commercial contractors. </div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/sonepars-brook-electrical-acquires-platinum-electrical-supply" target="_blank">read more</a></p> http://ewweb.com/news-watch/sonepars-brook-electrical-acquires-platinum-electrical-supply#comments Mergers & Acquisitions News Watch Wed, 05 Nov 2014 18:03:00 +0000 20811 at http://ewweb.com NAHB Says Single-Family Housing Ready to Take Off in 2015 http://ewweb.com/news-watch/nahb-says-single-family-housing-ready-take-2015 <div class="node-body article-body">NAHB says a growing economy, rising household formations, low mortgage rates and pent-up demand will help single-family housing production to rev up in 2015 while a growth in renters will keep the multi-family market at cruising altitude or higher.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/nahb-says-single-family-housing-ready-take-2015" target="_blank">read more</a></p> http://ewweb.com/news-watch/nahb-says-single-family-housing-ready-take-2015#comments News Watch homebuilding housing Mark Zandi NAHB residential market Fri, 31 Oct 2014 15:52:00 +0000 20501 at http://ewweb.com <p><span style="font-size: 16.5165157318115px; line-height: 20px;">With the current supply of housing running just over 1 million units on annualized basis, </span><span style="font-size: 16.5165157318115px; line-height: 20px;">Mark Zandi, chief economist at Moody&#39;s Analytics,&nbsp;</span><span style="font-size: 16.5165157318115px; line-height: 20px;">said this figure is well below what is needed for the longer run.</span></p> Photo Ccedit - Getty Images WESCO Enjoys 7.6% YOY Sales Growth in 3Q 2014 http://ewweb.com/news-watch/wesco-enjoys-76-yoy-sales-growth-3q-2014 <div class="node-body article-body">WESCO International, Inc., Pittsburgh, announced its 3Q 2014 sales results last week and the results came in fairly strong.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/wesco-enjoys-76-yoy-sales-growth-3q-2014" target="_blank">read more</a></p> http://ewweb.com/news-watch/wesco-enjoys-76-yoy-sales-growth-3q-2014#comments News Watch WESCO Mon, 27 Oct 2014 17:10:00 +0000 20371 at http://ewweb.com 25 Hot Housing Market to Watch in 2015 http://ewweb.com/economic-indicators/25-hot-housing-market-watch-2015 <div class="node-body data_table-body">While the overall U.S. housing market has slowed down a little bit in recent months from the rapid growth it had been enjoying over the past year or two, some market areas are still enjoying a real surge in home-building. Check out Electrical Wholesaling's picks for 25 Hot Housing Markets to Watch in 2015.</div> <div class="field-csv-file"> <span>CSV File:&nbsp;</span> <div class="filefield-file"><img class="filefield-icon field-icon-text-csv" alt="text/csv icon" src="http://ewweb.com/sites/all/modules/contrib/filefield/icons/text-x-generic.png" /><a href="http://ewweb.com/site-files/ewweb.com/files/data-tables/EW 25 Hottest Housing Markets.csv" type="text/csv; length=1221">EW 25 Hottest Housing Markets.csv</a></div> </div> <div class="field-disable-sidebar"> Disable Right Sidebar Display </div> <fieldset class="fieldgroup group-images"><legend>Images</legend> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="hot_housting_markets_getty_images_joe_raedle" src="http://ewweb.com/site-files/ewweb.com/files/uploads/2014/10/austinconstruction2.jpg?1413826779" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/economic-indicators/25-hot-housing-market-watch-2015" target="_blank">read more</a></p> http://ewweb.com/economic-indicators/25-hot-housing-market-watch-2015#comments Economic Indicators News Watch Mon, 20 Oct 2014 17:05:00 +0000 20231 at http://ewweb.com <p>With 8,000 single-family building permits pulled through August -- a 27% change year-over-year (YOY) -- the housing market in Austin, Texas, is hot, hot, hot.&nbsp;</p> Joe Raedle / Getty Images Ouch! CNN Report Blasts GE Stock http://ewweb.com/news-watch/ouch-cnn-report-blasts-ge-stock <div class="node-body article-body">GE has been in the news recently because of recurring rumors that its lighting business is on the block. Now this CNN video says investors aren't happy with the stock's performance and that Jeffrey Immelt, GE's CEO, should restructure the company.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/ouch-cnn-report-blasts-ge-stock" target="_blank">read more</a></p> http://ewweb.com/news-watch/ouch-cnn-report-blasts-ge-stock#comments News Watch GE General Electric Wed, 24 Sep 2014 16:15:00 +0000 19581 at http://ewweb.com Photo by Chip Somodevilla/Getty Images) McGraw-Hill Construction Says August Construction Starts Fell 9% http://ewweb.com/news-watch/mcgraw-hill-construction-says-august-construction-starts-fell-9 <div class="node-body article-body"><p><span style="font-size: 13.3333330154419px;">At a seasonally adjusted annual rate of $540.6 billion, new construction starts in August dropped 9%, <a href="http://construction.com/about-us/press/august-construction-falls-9-percent.asp">according to McGraw Hill Construction.</a> The decline followed July&rsquo;s elevated volume, the strongest so far in 2014, and brought activity back to the average pace reported during the first seven months of this year.&nbsp; By major sector, nonresidential building fell sharply, after being lifted in July by the start of several large manufacturing plant </span></p></div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/mcgraw-hill-construction-says-august-construction-starts-fell-9" target="_blank">read more</a></p> http://ewweb.com/news-watch/mcgraw-hill-construction-says-august-construction-starts-fell-9#comments News Watch McGraw-Hill Construction Tue, 23 Sep 2014 17:01:00 +0000 19391 at http://ewweb.com McGraw-Hill_Construction_August_Index Sonepar acquires Industrial Distribution Group http://ewweb.com/mergers-acquisitions/sonepar-acquires-industrial-distribution-group <div class="node-body article-body"><p>Sonepar North America, a subsidiary of the French privately held Sonepar Group, announced that Industrial Distribution Group (IDG), a portfolio company held by affiliates of LKCM Capital Group, LLC and headquartered in Belmont, N.C., has signed an agreement to join the Sonepar Group.</p></div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/mergers-acquisitions/sonepar-acquires-industrial-distribution-group" target="_blank">read more</a></p> http://ewweb.com/mergers-acquisitions/sonepar-acquires-industrial-distribution-group#comments Mergers & Acquisitions News Watch Fri, 19 Sep 2014 17:20:00 +0000 19311 at http://ewweb.com