Cape Electrical Supply Acquires Utility Power, Inc.

Cape Girardeau, MO — Cape Electrical Supply has announced the acquisition of Utility Power, Inc. (“Utility Power”).

Based in Decatur, Alabama and founded in 2002, Utility Power specializes in providing electrical utility products for municipalities, electrical service cooperatives, and utility companies. Utility Power will continue to operate from the Decatur location and becomes a dedicated distributor among Cape’s existing branch and distribution network. Utility Power former owners Jim Shipp, Mike Kennedy, and Charlie Douthit will remain active with their numerous utility customers.

“We are excited to expand our operating footprint into Alabama with the addition of Utility Power,” stated Cape Electric President and CEO Kyle Thoma. “By incorporating their talented sales team’s experience and relationships, we will continue to strengthen our customer solution package by integrating Cape’s core construction and industrial business with Utility Power’s utility presence.”

Cape Electrical Supply, LLC, headquartered in Cape Girardeau, MO., is a regional distributor of electrical and communications products serving commercial, industrial, and residential contractors, as well as industrial, utility, and retail customers. The company currently operates 20 distribution and retail locations in Missouri, Illinois, Kentucky, Tennessee, Arkansas, Alabama, and Texas. For more information, please visit www.capeelectric.com.

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