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Electrical Distribution Supply Chain Update
All Supply Chain Updates are authored by Kevin Reed OCTOBER 2022 MARKET WATCH Metals: Copper started September at $3.40 per pound, pretty much the same as it closed the month prior. There was a quick dip, once the Feds raised interest rates once more, but that proved to be short lived. CU has been […]
The War on Metals Intensifies Supply Chain Crisis
By: Kevin Reed, Director of Purchasing, Analytics & Strategic Growth Opportunities, Paramont EO The cost of metals continues to rise While the price of many raw metals has not increased all that much, yet, most manufacturers are still pushing up their costs on their pricing bases due to increased costs of freight and anticipated supply […]
The War on Metals
With strict new sanctions on Russia, some important facts that will affect our industry directly are outlined below. Combined, Russia and Ukraine lead the global production of metals such as nickel, copper, and iron. Neither country will be able to keep capacity if they are mired in war. With metals making up a large part […]
Klein Tools® Jobsite Earbuds on Sale Now
Now available at all locations for just $69.99 (through 4/30/22) Klein Tools® BLUETOOTH® JOBSITE EARBUDS Order Now Klein Tools Bluetooth® Earbuds provide passive hearing protection while simultaneously delivering a balanced high-quality audio experience. These true wireless earbuds feature an NRR of 28 when used with the included memory foam tips while the silicone tips offer […]
The Electrical Supply Chain
By Kevin Reed, Director of Purchasing, Analytics & Strategic Growth Opportunities In 2021 the Struggle Was Real To say 2021 was a challenging year, would be an understatement. We witnessed a dizzying array of unprecedented electrical supply chain disruptions from manufacturing shutdowns and slowdowns to Port and Border closures. The result was that sourcing of […]
The So-Called Copper *Crash*
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 […]