SPRINGFIELD, Ill., TERRE HAUTE, Ind., and VINCENNES, Ind. — Springfield Electric Supply Company has entered into an agreement to purchase the assets of Valley Electric Supply, an electrical wholesaler in South-Western Indiana. Valley Electric will join Springfield Electric July 2, 2018.
“I’m very excited to announce the addition of Valley Electric Supply to the Springfield Electric family. Valley Electric and its associates have a wonderful reputation and are highly respected in the industry and the markets they serve. Their culture is very similar to ours and the manufacturers Valley partners with align with us. This is a wonderful opportunity for Springfield Electric as we look to drive our vision of growth,” said Chris Scarbrough, Springfield Electric’s CEO. Valley Electric has two locations: Vincennes and Terre Haute, Indiana.
“It’s with great pleasure I can announce Valley Electric Supply Corporation is joining Springfield Electric Supply Company. Springfield Electric is highly respected throughout the industry and exhibits industry-wide leadership in sales, marketing, training, resources, employee development and vision for growth. The Springfield Electric team exemplifies these attributes through their character and leadership. We’re excited to be part of this union as it will provide many benefits to our employees and customers in Illinois and Indiana!” said Jarit Meade, Valley Electric Supply’s President.
The name will remain Valley Electric Supply, operating locations of Springfield Electric.
Springfield Electric supplies products to construction, industrial and OEM customers. The partial employee-owned company will have 19 branches in 4 states with the addition of Valley Electric. Corporate headquarters in Springfield Illinois.Tagged with acquisition, Springfield Electric Supply