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Editor's Pick
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Sonepar has returned to the acquisition mode in Canada. On November 2 Sonepar announced that its wholly-owned Canadian subsidiary, Sonepar Canada, Inc. has acquired Aztec Electrical Supply Inc. (“Aztec”). With a strong presence in the province of Ontario, the acquisition of Aztec will strengthen Sonepar’s ability to grow their industrial business model across the Greater Toronto Area. Read More... |
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Pathways to Net-Zero: Electrification and Transitioning to a Electricity-Based Economy
This article stems from the discussion at Nexans’ Change the Current event hosted this past month at the Evergreen Brick Works in Toronto, focusing on the presentation by Dr. Bruce Lourie, a policy expert and best selling author. The theme of the discussion was electrification, clean energy, and achieving net-zero-carbon in... Read More... |
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Acquisitions Accelerate, 19 Since July
While there may be only seven days left to the national mid-term elections, there are only 59 days remaining to determine who will own a number of electrical distributors. While Rexel initiated the second half of the year acquisition run with its agreement to acquire Horizon Solutions, there have been a number of deals... Read More... |
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Rittal Presents the 2022 ‘Women in Tech’ EFC Scholarships to Ashlin Malik, University of Saskatchewan and Laura Yang, McMaster University
Rittal’s annual ‘Women in Tech’ Scholarships are important as they recognize that women have a vital contribution to make in the fields of Science, Technology, Engineering and Mathematics (STEM) fields. Rittal Systems Ltd. is pleased to have pioneered this scholarship in 2019, and continues to award the Electro-Federation Canada ‘Women in Tech’... Read More... |
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Sonepar Releases “Growth Stories” Video Series
In step with the larger trend of consolidation in B2B distribution, Sonepar has been very active in acquisitions since 2021. The global electrical distributor recently released a “Growth Stories” video series, including a story featuring perspectives from entrepreneurial leaders of Sonepar-acquired companies in the US. “Our acquisition strategy remains on track"... Read More... |
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2022 AD Electrical Spirit of Independence Awards Celebrate Top Ad Members and Suppliers
The 2022 AD Electrical Spirit of Independence Awards ceremony honored AD members and suppliers in three Electrical divisions in the U.S., Canada, and Mexico who excelled in sales growth, marketing excellence, employee engagement, leadership, and giving back. AD Member of the Year awards recognize member companies who achieved... Read More... |
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Leviton Canada is a Recertified Great Place to Work Company
Leviton Canada is pleased to announce that they have been named a Great Place to Work-Certified company for the second year in a row following a thorough, independent analysis conducted by Great Place to Work Institute Canada. This certification is based on direct feedback from employees, provided as part of an extensive and anonymous... Read More... |
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Sponsored Content
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What is the Harmonized Data Model and Why Does the Industry Need It?
Today’s reality:
• 89% of B2B buyers say they have made an online purchase since March 2020.
• 97% of online buyers experience some sort of pain point during the e-commerce purchasing process.
• 85% of B2B Buyers will move to an alternate competitor’s site if their distributor’s digital channel can’t keep up.
Source: Avionos 2022 B2B Buyer Report
Yet, although statistics prove that e-commerce is important to buyers, product data is still often misrepresented or missing key information on e-commerce sites. Read More... |
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Aaron Harvey Joins Catalyst Sales and Marketing in Business Development for Nova Scotia, Newfoundland and Labrador
Recently, Catalyst Sales and Marketing was thrilled to announce Aaron Harvey has joined their sales team. Aaron brings more than 10 years of experience in the electrical industry to his new role with Catalyst. After graduating from New England College with a dual major in business administration and management and sport and recreation management... Read More... |
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Schneider Electric to Invest $46 Million to Modernize Manufacturing Plants in North America
Schneider Electric has recently announced it will invest about $46 million in its Lexington, KY and Lincoln, NE manufacturing plants to modernize their operations and increase circuit breaker and related electrical product output for its customers in the U.S. and Canada. The new investment augments the more than $100 million the company earmarked... Read More... |
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EFC Welcomes New Manufacturer Member: Beckhoff Automation Ltd.
Beckhoff Automation is a fast-growing manufacturer of industrial automation solutions, specializing in PC-based controls. In 2017, Beckhoff Automation Ltd. was established as an independent Canadian subsidiary reporting to Beckhoff Germany. Beckhoff Automation’s new automation technology stands for universal and industry-independent... Read More... |
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AutoGrid Partners with Mysa to Launch Utility-Scale Virtual Power Plants Using Smart Thermostat Technology for Grid Modernization
AutoGrid recently announced it will launch one of several VPP projects in collaboration with Canadian manufacturer Mysa, whose line of innovative smart thermostats for electric heating and cooling systems offers robust home energy management capabilities for both consumers and utilities. The initial VPP project with a large utility partner supports a... Read More... |
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Ericson Manufacturing Announces Appointment of Sales Outsource Solutions for Representation Across Canada
Ericson Manufacturing, a manufacturer of Job site power and protection, jobsite lighting, portable power and pendant and control products is pleased to announce the appointment of Sales Outsource Solutions to represent Ericson across Canada, beginning October 1, 2023. This appointment is part of Ericson’s continued commitment to better serve its... Read More... |
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BJ Take Announces Price Reductions Across Entire Product Line
BJ Take announces they are reducing the prices of their lighting products between 6 to 20%, effective November 1st, 2022. BJ Take has been able to manufacture its products more efficiently due to its recent plant expansion. The combination of the expansion, major orders and strategic purchases of raw materials has facilitated the opportunity to... Read More... |
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Stellar Industrial Supply Acquires SoCal-based One Way Industrial Supply
Stellar Industrial Supply, which distributes more than 35,000 MRO (maintenance, repair and operation) products and tools from more than 1,500 brands for Safety, Metalworking, Marine Supply, Aerospace, and other general manufacturing and processing organizations, and also offers customized Indirect Material... Read More... |
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Allied Electronics & Automation Bids Farewell to Current President Ken Bradley and Welcomes Interim President Douglas Moody
Allied Electronics & Automation, a trading brand of RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, bid farewell to President Ken Bradley, who left the company to pursue a new opportunity at the end of October. RS Group’s Chief Services Officer, Douglas Moody, is expanding his role... Read More... |
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Rexel Third-Quarter 2022 Sales
Sales of €4,816.6m in Q3 2022, up +16.3% on a same-day basis, accelerating after a robust start to the year. Record quarter driven by acceleration in volume growth (c. 750bps contribution in Q3 2022 vs +60bps in Q2 2022), demonstrating Rexel’s ability to fully capture the boost in electrification, notably in Europe. Strong selling price increase... Read More... |
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Q3 2022: Continued Strong Momentum – Guidance Upgraded
Nexans recently announced its financial information for the third quarter of 2022. Strong 9M 2022 sales growth reflecting sustained value growth and solutions new offering. Record Generation & Transmission backlog with visibility further enhanced by recent awards. 2022 guidance upgraded - EBITDA range of 580-600 million euros... Read More... |
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Hubbell Reports Third Quarter 2022 Results
Hubbell Incorporated recently reported operating results for the third quarter ended September 30, 2022. The Company is reporting its diluted earnings per share data and adjusted diluted earnings per share data on a continuing operations basis. “Hubbell delivered another strong quarter of operating performance,” said Gerben Bakker, Chairman, President... Read More... |
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Hammond Power Solutions Reports Third Quarter 2022 Financial Results
Hammond Power Solutions Inc. has recently announced its financial results for the third quarter 2022. HIGHLIGHTS - Sales increased 56% to a record $149 million - Net Earnings of $11,531, exceeding the third quarter of 2021 by $7,583 - Earnings per share increased to $0.97, compared with $0.34 in Q3 2021 - Order backlog increased 141% - Cash generated from... Read More... |
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Schneider Electric’s Third Quarter Sustainability Performance Buoyed by Continued Climate Action
Schneider Electric has recently published the third quarter results of its sustainability impact target for 2025, with a score of 4.54 out of 10. These results provide further evidence of the company’s long-standing commitment to sustainability and reflect its leadership and positive impact in tackling climate change. This news comes during an intense period for Read More... |
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AD Reports Record $55.8 Billion in Member Sales Through Nine Months
AD is reporting member sales of $55.8 billion across 14 divisions in the first nine months of 2022, an increase of 26%. Same-store sales increased 22% through nine months. Purchases by member companies from AD suppliers are up 27% to $15.2 billion. Net distributions to AD members increased by 38% to $924.5 million. The addition of AD Building Read More... |
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Consumer Price Index, September 2022
In September, the Consumer Price Index (CPI) rose 6.9% on a year-over-year basis, decelerating from a 7.0% gain in August, marking the third consecutive monthly slowdown in headline inflation. Lower gasoline prices were mostly responsible for the deceleration. While prices at the gas pump dropped in September compared... Read More... |
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Investment in Building Construction, August 2022
Investment in building construction increased 0.4% to $21.1 billion in August, with most of the gains coming from British Columbia. The residential sector rose 0.5% to $15.7 billion, while the non-residential sector declined 0.2% to $5.3 billion. On a constant dollar basis (2012=100), investment in building construction decreased... Read More... |
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Featured Video
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Making the Future Safe - Energy Storage
Our energy infrastructure is undergoing a radical transformation. An influx of excess energy from renewable sources like wind and solar is causing fluctuations in energy supply and putting grid stability at risk. Energy storage is a key component to balance out supply and demand and absorb the fluctuations. Today, lithium-ion battery storage systems are the most common and effective type and, as a result, installations are growing fast. Read More... |
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Product Watch
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Monitoring recent products launched in Canada
New products are hitting the market at such a pace that it is often hard to be aware of everything new. Let Canadian Electrical Wholesaler and its sister site Electrical Industry Newsweek help you stay aware of new products and solutions for your customers. Read More... |
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The Electrical Stock Market
 Track the stock market performance of 25 publicly traded electrical equipment suppliers and electrical wholesalers. Updated weekly.
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