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Electrical Distribution Supply Chain Update
All Supply Chain Updates are authored by Kevin Reed May 2022 SUPPLY CHAIN UPDATE Copper had held steady for most of April. In fact, last month Goldman (one of the largest investment banks) was expecting a new record high for copper costs by June. Warehouses were near empty globally and it was looking like a […]
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 […]
Smart Lighting Controls Are Going Mainstream
As a true partner with electrical contractors, it is our responsibility to educate our clients about new products and technologies. Our goal is to provide insight that will empower electrical contractors so they will have more options, opportunities and projects. This knowledge sharing underscores the fact that Paramont EO is more than a full-service electrical […]
Material Handling: 5 Ways to Convert Costs To Profits
When it comes to electrical jobs, every hour that an electrical contractor can save goes straight to profits. Material handling accounts for 40% of the labor on a job – so let’s start there. If you break it down in plain speak, “material handling” means ordering the items. Then, it means waiting for the items. […]
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 […]