Giving Back to Our Community

For all of us at Steiner Electric, giving back to the communities we work in is more than just “something we do”… it is a part of who we are. That is why we are humbled by a recent honor bestowed upon us by Affiliated Distributors. There are so many Distributors and Suppliers who were also honored for their community work and for all of us here at Steiner Electric, we want to say “thank you” to them for all they do!

Below is a video of the awards presentation as well as photos from a recent Christmas party for homeless children in the greater Chicago Area. These children and their families deserve all of our support and we are proud to be able to serve them!

Steiner Electric Company honored with the 2014 Affiliated Distributor “Giving Back Award”

On October 8th, Steiner Electric was presented the Affiliated Distributors’ (AD) Giving Back Award, during the AD National Meeting in Chicago. The “Spirit of Independence” awards banquet, recognizing those Distributors and Suppliers who have achieved outstanding performance during the previous calendar year.The Giving Back Award was created in 2010 to honor the many distributor and supplier community service, charitable and human interest projects throughout the industry.

Steiner was presented this prestigious award for their many years of dedication to the Chicago area homeless community through the creation of “The Greater Chicago Area Electrical Industry Friends of Comic Relief back in 1991. What began as a local Comic Relief fund raiser, for health care for the homeless, was preceded by an afternoon Christmas party for over 300 homeless children. Even though the last fundraiser was in 1998, the children’s parties have continued for the past 22 years.

Today, Al Rzeczkowski and The Electrical Association of Chicago organize the Homeless Children’s Christmas Party. The entire event is fully financed and supported by annual donations from the electrical industry with additional Santa helpers from Boys Scout Troop 64 of Northbrook Illinois. The homeless children and their parents are bused in from seven different Chicagoland area homeless shelters and treated to a full turkey dinner, entertainment, and gifts for every child and parent, plus special gifts for each participating shelter ranging from new beds and linens to computers and printers. The Christmas party is an afternoon full of joy and hope among the families and volunteers.

“We recognize this award on behalf of our original co-founders, Jack Caveney Jr, past CEO of Panduit Corp. and Chuck Currie Jr., VP of Bill Casey Sales.” said Rick Kerman, CEO of Steiner Electric. This significant acknowledgement is accepted on behalf of the many electrical distributors, rep agencies, electrical contractors and manufactures who participate each year to provide this special heartfelt event. Many of us are competitors but when it comes to supporting our communities we stand together.”

About Affiliated Distributors

Affiliated Distributors is a group of over 500 are independent electrical, Industrial, Plumbing, PVF, HVAC and drywall distributors, with over 3,600 locations in three countries. Their accumulative annual sales exceeds $28 billion.

How often does Lightning Strike?

By: Ron Styne

A bolt of lightning is one of nature’s most fascinating sights. While it is usually followed by the roaring boom of thunder, the flash of a lightning bolt is remembered by all who have seen it.

lighting

In an electrical storm, the storm clouds are charged like giant capacitors in the sky. The cloud’s upper portion is positive and the lower portion is negative. There are three primary types of lightning; from a cloud to itself (intra-cloud or IC); from one cloud to another cloud (CC) and between a cloud and the ground (CG).

Although lightning primarily occurs when warm air is mixed with colder air masses, resulting in the necessary atmospheric disturbances for polarizing the atmosphere. About 70% of lightning occurs over land in the tropics where atmospheric convection is the greatest.

On Earth, the lightning frequency is approximately 40–50 times a second or nearly 1.4 billion flashes per year and the average duration is 30 microseconds.

Copper price hits two month high

-By Ron Styne

Copper prices hit a two month high for the week ending May 16th, impacted by a combination of falling warehouse inventories of raw copper and technical tightness in the markets.

Despite the recent recovery in the LME-(London Metals Exchange), market analysts remain bearish on copper’s long term pricing for the rest of this year. That attitude is being arrived at based on factors such as the Chinese construction market and a surge in supplies. New housing starts in China remain weak.

China still accounts for 35-40% of global copper consumption. In addition there is a large amount of copper accumulated in bonded warehouses used for profitable lending. However demand for copper seems to be improving outside of China.