Van Meter Bolsters Business in Power Transmission Products with Investment in IDC-USA

Van Meter Industrial, Waterloo, Iowa, has invested in IDC-USA, a member-owned purchasing and national marketing cooperative of distributors in the industrial bearing and power transmission markets. The move will give Van Meter Industrial access to a ...
Dec. 14, 2009

Van Meter Industrial, Waterloo, Iowa, has invested in IDC-USA, a member-owned purchasing and national marketing cooperative of distributors in the industrial bearing and power transmission markets. The move will give Van Meter Industrial access to a 200,000 power and transmission products, bearing and related supplies from a network of 65 suppliers, according to a Dec. 11 report published in the Waterloo Cedar Falls Courier. On its website, IDC-USA says it has 200 independent distribution as members. Van Meter was ranked #33 on Electrical Wholesaling's 2009 listing of the Top 200 Electrial Distributors.

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Jim Lucy Blog

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Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.