2Q Financial Reports Batter Industry Firms

The most recent round of financial reports for publicly held companies in the electrical industry makes for pretty grim reading, as double-digit declines in sales and net income were the rule rather than the exception. Following is a sampling of these financial results.

WESCO endures job cuts and decreases in sales and operating income. Along with having to eliminate more than 900 positions from 2008 staffing levels, like many other companies in the electrical market WESCO Inte

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