FARGO, N.D. Shealy Electrical Wholesalers officially joined Border States Electric (BSE) on August 1. This acquisition adds 350 employees in 17 branches in North Carolina and South Carolina. Shealy employees are now employee-owners and share in the financial success of Border States Electric, a 100 percent (employee stock ownership plan) ESOP-owned company.
“I welcome Shealy to the BSE family of employee-owners,” said Tammy Miller, CEO. “Together both organizations will become even better and will continue to focus on helping our customers succeed.”
David White, Shealy’s president, will become the executive vice president for BSE. Shealy’s name changes slightly to Shealy Electrical Wholesalers, a division of Border States, and their 17 branches form BSE’s new southeast region. The southeast region corporate office is in Columbia, South Carolina, with Don Masters serving as southeast region vice president.
BSE supplies products and services to construction, industrial and utility customers. The 100 percent employee-owned company is the eighth largest electrical distributor in the U.S. as ranked by Electrical Wholesaling magazine. BSE has more than 2,200 employees and 97 branches in 18 states. Corporate headquarters are located in Fargo, N.D.
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