Manufacturing Revival Radio talks with Dave Scaglione of Electro-Matic.
Latest In Electrical
Overall sales were up 13.2 percent for the electrical distributor, thanks to acquisitions.
Sales for 3M’s industrial business grew 6.6 percent in the quarter.
OEM supply sales declined by 2.3 percent from the prior year.
Parent company Genuine Parts Company reported a sales increase of 10%.
The new president has been with the company for 20 years.
EWS has five branches in Australia.
LED lighting solutions sales more than doubled from the prior year.
Medler Electric now has 15 locations in Michigan.
Opportunity abounds for distributors who can cut through the complexity of energy efficiency for customers.
Plasplugs manufactures fasteners, abrasives, electrical products and power tools.
This article is part of MDM’s 2013 Distribution Trends Report. It provides a quick look at key trends affecting the electrical distribution sector.
The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.
The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.
Trends outlined in the 2013 report include:
- Generational Shift Drives Changes in Technology, Customer Expectations
- Hiring in Distribution Complicated by Lack of Visibility, Shifting Needs
- The Rise of Little Data in Distribution
- Distributors Get Smarter About Vending
- Distributors Get Aggressive with Inventory Management
- Vendor, Distributor Consolidation Continues
- Wallet Share, Customer Demands Drive Channel Convergence
- Other Trends
- Trend Snapshots for 14 Sectors
The report also includes the following case studies and interviews:
- 2013 MDM Market Movers
- Replenex Builds Culture of Cost Savings
- A&M Industrial Finds Niche in Essential Services
- Strategic Planning Pays Off for Machinery Tooling & Supply
- MDM Market Leader Profiles
- Interline Brands’ Focus on Jan-San
- Arrow Electronics Plots a Global Course
Ulrich, head of the Discrete Automation and Motion division, will succeed Joe Hogan.
Industrial and energy segment sales increased, while engineered solutions segment sales declined.
Acquisition will grow ABB’s drives and motors service business.
HD Supply Facilities Maintenance opened a new distribution center near Birmingham, AL.
Eurazeo’s ownership stake will fall to 10.9 percent as a result of this sale.
The sale of the division will allow Actuant to streamline its strategy, CEO says.