Latest from Mag

Plenty of executive appointments over the past two weeks. Here’s Electrical Marketing’s expanded coverage of personnel changes in the electrical market.
Dec. 21, 2012
Wire man John Pasqual and lighting rep Jack Melnick
Dec. 21, 2012
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Electrical product prices remained on their flat trend, showing no change from October and little change in almost all major product categories.
Dec. 21, 2012
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Privately-owned housing starts in November were at a seasonally adjusted annual rate of 861,000, 3% below the revised October estimate, but 21.6% above the Nov. 2011 rate.
Dec. 21, 2012
Dec. 21, 2012
Veteran reps form new agency in Raleigh; WinWholesale buys Lloyd Graves in Texas; United Electric Supply expands through acquisition; and more.
Dec. 21, 2012
W.W. Grainger Inc., Lake Forest, Ill., announced plans to purchase Techni-Tool Inc., Worcester, Pa., a 200-plus employee distributor supplying customers in the cable television...
Dec. 21, 2012
Kaman Industrial Technologies (KIT), the industrial distribution business Kaman Corp., Bloomfield, Conn., has built up in recent acquisitions of Minarik, Zeller Electric and others...
Dec. 21, 2012
New York Mayor Michael Bloomberg offered an update on the city’s plans to renovate its infrastructure to withstand future storms.
Dec. 7, 2012

Home Depot To Acquire National Waterworks

Home Depot, Atlanta, Ga., the world’s largest home improvement retailer, has agreed to acquire National Waterworks Holdings for $1.35 billion.
Aug. 26, 2005

Home Depot, Atlanta, Ga., the world’s largest home improvement retailer, has agreed to acquire National Waterworks Holdings for $1.35 billion.

National Waterworks Holdings, Inc., Waco, Texas, is a distributor of products used to build, repair and maintain water and wastewater transmission systems. National, which had 2004 revenues of $1.5 billion and has a nine-year history of 9-percent compounded annual growth rate in sales, will operate as part of The Home Depot Supply.

National Waterworks is principally owned by JPMorgan Partners, a private equity affiliate of JPMorgan Chase & Co., and Thomas H. Lee Partners, L.P.