Buildings & partner sales increase 11.5 percent in the quarter.
Latest In Electrical
Tammy Livers will lead companys strategic accounts organization.
Rumored $1.5 billion deal headlines yet another slow month for distribution activity.
Data communications products distributor to join Sonepar in the UK.
CEO: Purchase "will open a new segment of business building opportunity."
Belgian distributor to join Sonepar affiliate Cebeo.
David Meyer takes over IT functions for electrical distributor.
Acquisition expands company's reach in southeastern United States.
Acquisition strengthens company's position in the Netherlands.
Company's new division launches with 27 companies totaling $2.4 billion in annual sales.
With six acquisitions already in 2015, distribution giant aggressively expanding footprint.
Acquisition expands company's footprint in Texas.
New position in charge of sales, operations, corporate credit, marketing and talent management.
Sales for the electrical distributor were up 5.7 percent over 2013.
Profit increased 89.5% to $15 million for the year.
Mayer Electric, Birmingham, AL, has been a family business since its founding in 1930. CEO Nancy Collat Goedecke spoke with MDM about the processes the family developed and the challenges they have overcome to keep the company healthy and thriving.This article is part of a series on succession planning in distribution.
This article includes:
- Important decisions involved in succession planning
- Challenges a family business faces
- Preparing the next generation
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- MDM Interview: Creating a Culture of Innovation
- Succession Planning: Executing the Strategy
- Manufacturing’s Millennial Dilemma
Acquisition of Quality Electrical Distribution expands company's geographic footprint.
Facility in Memphis, TN, will employ up to 300 in five years.
