Sponsored

Futronix and Houston Wire abandon talks

July 1, 2003
The possible merger between arch-rival wire and cable distribution giants Futronix and Houston Wire & Cable will not happen. Talks between Kent Electronics,

The possible merger between arch-rival wire and cable distribution giants Futronix and Houston Wire & Cable will not happen. Talks between Kent Electronics, Houston-based parent company of Futronix, and Houston Wire & Cable Co., also of Houston, regarding the merger have been called off and no deal is forthcoming, according to Tom Adelman, vice president of operations for Futronix. A letter by Larry Olson, president and COO of Kent said the company had a duty to investigate the proposed merger.

About the Author

Doug Chandler | Senior Staff Writer

Doug has been reporting and writing on the electrical industry for Electrical Wholesaling and Electrical Marketing since 1992 and still finds the industry’s evolution and the characters who inhabit its companies endlessly fascinating. That was true even before e-commerce, LED lighting and distributed generation began to disrupt so many of the electrical industry’s traditional practices.

Doug earned a BA in English Literature from the University of Kansas after spending a few years in KU’s William Allen White School of Journalism, then deciding he absolutely did not want to be a journalist. In the company of his wife, two kids, two dogs and two cats, he spends a lot of time in the garden and the kitchen – growing food, cooking, brewing beer – and helping to run the family coffee shop.

Sponsored Recommendations