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Message From The Editor
New Year, New Challenges
You’d think by now the business world would be due for some status quo. Well, perhaps that will happen in 2024. Looking ahead to 2023, we’re in for more change — again. As the single-family housing market cools down, opportunities are rising in the multifamily and remodeling markets, both of which are predicted to see steady growth. There will still be plenty of business for electrical distributors and lighting showrooms out there, it just won’t be where it has been over the last five years.
Here’s to embracing those new challenges together in the New Year. |
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Builder Trends
Single-Family Housing Starts & Multifamily Permits Decline
The NAHB reports that single-family housing starts fell in November, with the pace of construction down 32% since February when mortgage rates began to rise. Read More |
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Distributor Trends
CX Connexion Joins Graybar
Graybar has acquired Illinois-based electrical distributor CX Connexion, which will retain its name, leadership, and employees. Read More |
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Dickman Supply Acquires Lyons Electrical Supply
Dickman Supply has acquired family-owned Lyons Electrical Supply Company and Lighting Showroom in Dayton, Ohio. Read More |
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Featured Video
Join Our Team
Lights Fantastic Pro is not an ordinary lighting showroom. We don’t have lighting “salespeople,” we have brilliant designers and lighting consultants we call “luminaries,” who enjoy sharing their lighting passion and experience with clients. We’re looking for creators and believe great talent deserves big money. See what we have to offer you at www.LightsFantasticPro.com/careers Watch the video HERE. |
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Trending News
Kichler Celebrates 30th Anniversary of Landscape Line With Donation & Incentives
Kichler Lighting LLC, is celebrating a major milestone – 30 years of illuminating outdoor spaces with dynamic landscape lighting – with a community donation plus customer incentives. Read More |
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Trending News
GE Lighting Enters Decorative Fixture Market
GE Lighting, a Savant company, has recently launched its first-ever line of decorative lighting fixtures, including chandeliers, flush-mounts, sconces, and pendants. Read More |
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Biden-Harris Administration Proposes Raising Efficiency Standard for Light Bulbs
The DOE is proposing sttronger efficiency standards for light bulbs and hosting a February 1 webinar to solicit feedback. Read More |
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Trending News
Schaedler Yesco to Acquire YESCO Electrical Supply
Harrisburg, Pa.-based Schaedler Yesco Distribution has entered into an agreement to acquire YESCO Electrical Supply, headquartered in Ohio. Read More |
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Featured Product
Healthcare Lighting Without Compromise | BalancedCare by Axis Lighting
BalancedCare™ MRI Series by Axis Lighting blends modern aesthetic with updated technology for a more elevated design. These sleek, non-ferrous luminaires complement today’s architecture while also meeting Military Standard 461G to assure safe operation. Additionally, Axis provides an easy-to-install Remote Power Supply system, complete with the necessary filters, drivers and wiring for easy installation. Read More |
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Trending People
Dave Wyatt Joins FSC Lighting
California-based FSC Lighting has appointed Dave Wyatt as Western Regional Sales Manager. Read More |
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E-Tel to Rep MaxLite in South Texas
Houston-based E-Tel sales agency will represent MaxLite in South Texas. Read More |
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