Grainger and WESCO rolled out their 2009 financial results last week. Grainger’s Q4 sales rose 2.6%, but there actually was a 5% decline in sales volume. WESCO’s full-year sales were down 24.3%; the company said sales in Q1 2010 will be down a hair (1% to 3%) from Q4’s $1.18 billion. Also in Distributor News, perspective on what you do—from Adam Fein, David Kahle, Bruce Merrifield, and Bill Wade.
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Cooper Industries, Hubbell Inc., Rockwell Automation, and the Greenlee-owning conglomerate Textron all released financials; the stock market liked Cooper’s and Rockwell’s, you’ll find in Manufacturer News. Plus, five recent acquisitions and layoffs, prepack bankruptcies, lawsuits, venture capital, and a NASDAQ delisting notice.
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Contracting companies touched on briefly in Channel News include a woman-owned structured cabling installer; a Native American-owned energy operation; and what two big, successful St. Louis-headquartered electrical contractors have been up to.
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Our People News starts off with highlights from the datacom part of our world, including tidbits from BICSI and TIA—and then kicks in with 19 people in new jobs.
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What did 3 Republican politicians (one of them a lawyer these days) and the EPA's Administrator have to say about electric vehicles, during a conference held in conjunction with the Washington Auto Show?
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