News Watch http://ewweb.com/taxonomy/term/7403/more en 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 Hunzicker and SESCO join forces in Oklahoma http://ewweb.com/mergers-acquisitions/hunzicker-and-sesco-join-forces-oklahoma <div class="node-body article-body"><p style="margin-left:6.0pt;">Hunzicker Brothers, Inc., Oklahoma City, has agreed to acquire what it says is &ldquo;the leading electrical distributor in southern Oklahoma,&rdquo; SESCO Electric Supply Co., based in Lawton, Okla. Mike Lockard, president and CEO of Hunzicker Bros., said the deal with David Dyer, president and CEO of SESCO, unites two independent electrical distributors in a bid to fend off national chains.</p> <p style="margin-left:6.0pt;">SESCO has four locations in Oklahoma, with branches in Duncan, Chickasha and Ardmore as well as the Lawton headquarters.</p></div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/mergers-acquisitions/hunzicker-and-sesco-join-forces-oklahoma" target="_blank">read more</a></p> http://ewweb.com/mergers-acquisitions/hunzicker-and-sesco-join-forces-oklahoma#comments Mergers & Acquisitions News Watch Fri, 19 Sep 2014 16:45:00 +0000 19301 at http://ewweb.com Copper Investment News: Analyst at Haywood Securities Sees Possibility of $4/Pound Copper by 2016 http://ewweb.com/news-watch/copper-investment-news-analyst-haywood-securities-sees-possibility-4pound-copper-2016 <div class="node-body article-body">In this Copper Investment News Q&A Stefan Ioannou, mining analyst at Haywood Securities, lays a medium- and long-term pricing outlook for copper pricing. Here’s a snippet of what Ioannou had to say in this interesting interview by Teresa Matich.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/copper-investment-news-analyst-haywood-securities-sees-possibility-4pound-copper-2016" target="_blank">read more</a></p> http://ewweb.com/news-watch/copper-investment-news-analyst-haywood-securities-sees-possibility-4pound-copper-2016#comments News Watch cable Copper Investment News copper pricing wire Tue, 09 Sep 2014 15:58:00 +0000 19071 at http://ewweb.com Wikimedia Commons Court Battles Continue Between Arlington Industries and Bridgeport Fittings http://ewweb.com/news-watch/court-battles-continue-between-arlington-industries-and-bridgeport-fittings <div class="node-body article-body">The long-running patent battle in the courts between Arlington Industries and Bridgeport Fittings is in the news again, with both companies issuing press release this week regarding their sides of the patent issue that continue to be under dispute.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/court-battles-continue-between-arlington-industries-and-bridgeport-fittings" target="_blank">read more</a></p> http://ewweb.com/news-watch/court-battles-continue-between-arlington-industries-and-bridgeport-fittings#comments News Watch Arlington Industries Bridgeport Fittings Fri, 05 Sep 2014 19:36:00 +0000 19031 at http://ewweb.com RepFiles Says NAED Edition App is Ready to Roll http://ewweb.com/news-watch/repfiles-says-naed-edition-app-ready-roll <div class="node-body article-body">RepFiles, LLC and the National Association of Electrical Distributors (NAED) recently announced that the RepFiles NAED Edition application is now available in the Apple App Store and Google Play.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/repfiles-says-naed-edition-app-ready-roll" target="_blank">read more</a></p> http://ewweb.com/news-watch/repfiles-says-naed-edition-app-ready-roll#comments News Watch NAED RepFiles Fri, 22 Aug 2014 18:07:00 +0000 18641 at http://ewweb.com Affiliated Distributors Q2 Sales Grew 8% http://ewweb.com/news-watch/affiliated-distributors-q2-sales-grew-8 <div class="node-body article-body">Affiliated Distributors (AD), Wayne, Pa., reported 8% growth across all of its divisions in the second quarter. Total sales for the first half of the year were $15 billion. </div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/affiliated-distributors-q2-sales-grew-8" target="_blank">read more</a></p> http://ewweb.com/news-watch/affiliated-distributors-q2-sales-grew-8#comments News Watch Thu, 07 Aug 2014 18:50:00 +0000 18401 at http://ewweb.com Graybar Reports Record 2Q Results http://ewweb.com/news-watch/graybar-reports-record-2q-results <div class="node-body article-body">Graybar Electric Co., St. Louis, reported record net sales for the second quarter and the first six months of the year.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/graybar-reports-record-2q-results" target="_blank">read more</a></p> http://ewweb.com/news-watch/graybar-reports-record-2q-results#comments News Watch Thu, 07 Aug 2014 18:46:00 +0000 18391 at http://ewweb.com IDEA’s Bob Gaylord Step Down, Schneider’s Chris Curtis to Manage Day-to-Day Operations During Search for New Exec Officer http://ewweb.com/news-watch/idea-s-bob-gaylord-step-down-schneider-s-chris-curtis-manage-day-day-operations-during-se <div class="node-body article-body">The IDEA Board of Directors, chaired by Jack Carlson (president of Southwire’s North American Business), announced today that CEO and President Bob Gaylord has stepped down to pursue other areas of interest.</div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/idea-s-bob-gaylord-step-down-schneider-s-chris-curtis-manage-day-day-operations-during-se" target="_blank">read more</a></p> http://ewweb.com/news-watch/idea-s-bob-gaylord-step-down-schneider-s-chris-curtis-manage-day-day-operations-during-se#comments News Watch Tue, 05 Aug 2014 15:25:00 +0000 18191 at http://ewweb.com <p>IDEA&#39;s Bob Gaylord is stepping down.</p> Photo credit: www.militarychild.org An incredible copper shortage by the end of the decade? One analyst thinks so http://ewweb.com/news-watch/incredible-copper-shortage-end-decade-one-analyst-thinks-so <div class="node-body article-body">In a post today from the Sprott Vancouver Natural Resource Symposium, Charlotte McLeod from Copper Investing News said Robert Friedland, executive chairman and director of Ivanhoe Mines, gave a great presentation on the future of the copper and platinum markets.</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/incredible-copper-shortage-end-decade-one-analyst-thinks-so" target="_blank">read more</a></p> http://ewweb.com/news-watch/incredible-copper-shortage-end-decade-one-analyst-thinks-so#comments News Watch Fri, 25 Jul 2014 15:19:00 +0000 18001 at http://ewweb.com <p>Photo Credit: Wikimedia Commons</p> WESCO reports record sales for 2Q 2014 http://ewweb.com/news-watch/wesco-reports-record-sales-2q-2014 <div class="node-body article-body"><p>WESCO International Inc., Pittsburgh, said its net sales for 2Q 2014 were $2,005.2 million compared to $1,894.0 million for the second quarter of 2013, an increase of 5.9%.&nbsp; Organic sales increased 6.0%, acquisitions positively impacted sales by 1.6%, and foreign exchange negatively impacted sales by 1.7%. &nbsp;Sequentially, sales increased 10.7%, and organic sales increased 7.9%. &nbsp;Gross profit was $411.8 million, or 20.5% of sales, for the second quarter of 2014, compared to $392.6 million, or 20.7% of sales, for the second quarter of 2013.</p></div> <div class="og_rss_groups"></div><p><a href="http://ewweb.com/news-watch/wesco-reports-record-sales-2q-2014" target="_blank">read more</a></p> http://ewweb.com/news-watch/wesco-reports-record-sales-2q-2014#comments News Watch Thu, 24 Jul 2014 14:47:00 +0000 17991 at http://ewweb.com