Co-CEO Andrew Dawes prepares for retirement in April 2026 following more than three decades with the electrical supplies distributor.
Reported and organic sales growth were robust in Q3, though gross margin and EBITDA margin had modest declines year-over-year.
Double-digit sales growth continued alongside strong profitability in a quarter that saw Graybar record several notable achievements.
The new facility — operated in partnership with CEVA Logistics — improves delivery efficiency and reduces environmental impact with advanced automation.
ADI Global Distribution opened a new support center in Charlotte, NC that will staff 180 employees.
Electrical equipment and grid components distributors support NEMA’s call for federal incentives for on-shoring supply chains efforts.
The move comes a year after AD and IMARK Electrical completed their merger, which created a new entity for a combined 700-plus independent distributor members.
Wesco named a new executive to lead its Electrical and Electronic Solutions unit, effective Sept. 1.
Trexon’s portfolio of high-reliability interconnect and cable assemblies are complementary to Amphenol’s existing defense market offerings.
Parent company Resideo raised its full-year guidance after hitting a company record for 2Q sales.
Michael Knight rejoins the company where he spent 18 years before leading fasteners distributor Endries International.
Wesco’s 2Q results show accelerating organic growth and surging data center sales, prompting the company to raise its full-year outlook.
