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
Image
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
Image
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
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

Omni Cable Expands In Southern California With Purchase Of Distributor’s Wire

Omni Cable Corp., West Chester, Pa., expanded its presence in the southern California market with the purchase of Distributor’s Wire & Fittings (DWF) Inc., a master distributor of specialty wire and cable that sells to other distributors.
Aug. 6, 2004
2 min read

Omni Cable Corp., West Chester, Pa., expanded its presence in the southern California market with the purchase of Distributor’s Wire & Fittings (DWF) Inc., a master distributor of specialty wire and cable that sells to other distributors.

Omni Cable purchased DWF’s main office in Buena Park, Calif.; a field office in Phoenix; and the company’s payables, inventories and receivables.

Omni Cable had been serving the West Coast out of its Haywood, Calif., location, in the San Francisco area. According to Jeff Siegfried, president of Omni Cable, the acquisition made sense because the company was looking to expand in southern California.

“This acquisition made sense because of the synergy of two organizations,” said Siegfried. “This acquisition is a logical extension of our long-term strategy to respond to the logistical needs of our customers, the wholesale electrical distributor. The acquisition is a perfect match of culture, experience and drive. We are thrilled at the opportunity to bring the Omni brand of service to our customer base in southern California and Arizona.”

John Rutherford, formerly a DWF partner, will become Omni LA branch manager. He will also manage the Phoenix branch.

“Omni’s nationwide coverage made the Los Angeles area a logical and key area for expansion,” said Rutherford.

Omni Cable’s other stocking locations include West Chester, Pa.; Atlanta; Boston; Denver; Houston; San Francisco; and St. Louis.

Siegfried said the inventory of the two companies are similar and they share the same vendors. He explained that Omni Cable bought the payables of DWF to help protect the company’s vendors. “We purchased the payables because we wanted to protect our vendors who are owed money there. It’s the same vendors. It made sense to protect them.”