Mexico

News aus der Elektroindustrie

Lowe is the second largest home improvement retailer in the US after Home Depot, with sales of USD 55.66 bn (EUR 48.95 bn)........

Lowe is the second largest home improvement retailer in the US after Home Depot, with sales of USD 55.66 bn (EUR 48.95 bn).

in the 9 months of its 2018 fiscal year (February - October), compared to a year ago this was a plus of 4.8%. Net earnings were USD 3.1 bn (EUR 2.7 n); an increase of 8.5%.

Despite the good results, the new CEO Marvin R. Ellison was not satisfied with some sections and problems in certain categories.

Lowe does not look for short-term solutions to these problems; they want to redesign processes and systems in order to achieve sustainable improvements. Activities that are no longer part of the core business or branches that underperform will be closed.

These include now 20 stores in the United States, and 31 stores in Canada; Furthermore, they intend to exit their retail operations in Mexico.

Now it's all about focusing on the 4th quarter and its core business.

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Weidmüller from Detmold has taken over from Rockwell/USA its W-Interconnections companies in the US, Canada  and Mexico. It has been agreed not to disclose the purchase price.

Weidmüller from Detmold has taken over from Rockwell/USA its W-Interconnections companies in the US, Canada  and Mexico. It has been agreed not to disclose the purchase price.

This underlines Weidmüller’s long-term involvement in its sector (connection technology and automation) in the free-trade zone in the continent of North America (NAFTA).

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The members of America’s largest purchasing and marketing association Affiliated Distributors (AD) from Wayne/PA, managed to increase its turnover by 9%...........

The members of America’s largest purchasing and marketing association Affiliated Distributors (AD) from Wayne/PA, managed to increase its turnover by 9%...........

in the 2014 business year to a total of USD 31.2 bn (EUR 28.8 bn) (across all countries and all AD divisions, including electrical, plumbing, heating, ventilation, tubes, fittings and building materials).

The electrical division achieved an 8% increase in the USA and 9% in Canada; industry: plus 5%; sanitation: plus 8%; HVAC plus 9%; building materials: plus 16%.

This means that the AD members achieved above-average growth for the sector. In addition 83 new branches were opened, 23 new takeovers effected and 2,180 new employees taken on. 30 new members and 40 new suppliers were won, new programmes and services added, and last, but not least there was expansion into Mexico.

So below the line it was a real record year, as Bill Weisberg, the chairman and CEO of the association declared with satisfaction.

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