As I watched the roof on our family-owned warehouse collapse, several thoughts ran through my mind. From the parking lot, I asked one of the firefighters if I could quickly run into our building and retrieve the servers that ran our computer network and critical business systems. He said the remaining piece of the roof […]
Ken Gallagher listens. Based on feedback from the last 10 years, the CEO of Paramont EO has turned an electrical distributor into a full-service supply and logistics problem-solver that helps electrical contractors maximize their profit. Today, the distributor offers more than 50 time-saving services that help electrical contractors save time and money. But one of […]
Contractors work on slim margins. An electrical contractor’s average profit margin before taxes is just 6%, according to a Risk Management Associates report. For a profession that carries ample amounts of risk, single digits don’t seem sufficient. That’s why Paramont EO, an electrical distributor in Chicago, Illinois, offers an array of services, supplies and logistics […]
Paramont EO’s Director of Accounts Receivable, Norm Cowie (CCE), is a regular contributor to the National Association of Credit Management (NACM) organization and writes a column called “Illinois Construction Stuff and Stuff” for their periodical. As an author and active member of the group, Norm has helped formulate and re-write Illinois lien laws and networks […]
By Kevin Reed I have heard the term “Copper Crash” being thrown around, as in “What am I paying now, with the copper crash”. Copper, while a tad bit cheaper now, never crashed. Futures in May 2021 were the highest anyone has ever seen. At that time, CU climbed to its highest value per pound […]
Since the inception of Paramont-EO (from the merger of Paramont ES with Evergreen Supply) over a decade ago, we have managed to achieve “Platinum” status with IMARK Electrical, the largest distribution organization in the US Electrical industry, every single year. So, what’s the big deal in that? We’re glad you asked! When you partner with […]
All Supply Chain Updates are authored by Kevin Reed DECEMBER 2021 SUPPLY CHAIN UPDATE Copper has slipped some, but it is only off a dime from last month’s trading, which equates to a very slight drop in some finished copper cable costs. These ebbs and flows are expected yearend. But copper remains very strong, as […]
by Kevin Reed It was Benjamin Franklin that famously said, “By Failing to prepare, you are preparing to fail.” Truer words cannot be spoken right now, with all of these supply chain issues and surging prices on most everything you need for your project. Now, more than ever, you should be planning ahead. Instead of […]
It might have started as a Covid-19 accommodation- but it turns out it is also an efficient and convenient way to get your order. Give our curbside pick up service a try on your next order!
THE COVID-19 SUPPLY CHAIN STRUGGLE — 2020 IN REVIEW by Kevin Reed Our Sales staff has been answering the same two questions for almost a year now: “What is going on with pricing?” and “What has happened to stock?”. Easily the two most important concerns for both Contractors and Supply Houses. Nearly every conversation […]
Supply Chain Updates 
