![]() Logo used since 2022 | |
Formerly | Westinghouse Electrical Supply Company |
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Company type | Public company |
Industry | Maintenance, repair, and operations |
Founded | 1922 |
Headquarters | Pittsburgh, Pennsylvania, U.S. |
Area served | Worldwide |
Key people | John Engel (Chairman and CEO) |
Products | electronic instruments & controls |
Revenue |
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Total assets |
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Total equity |
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Number of employees | 20,000 [1] (2022) |
Website | wesco |
Footnotes /references |
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania. [3]
Wesco International, Inc. provides electrical, industrial, communications, maintenance, repair, and operating (MRO), original equipment manufacturer (OEM) products, construction materials, and shipping. In 2023, its total revenue was approximately $22 billion. The company employs approximately 20,000 employees and 30,000 suppliers to serve more than 150,000 active customers worldwide. [4] Wesco customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers, and utilities. Wesco operates ten fully automated distribution centers and 500 branches in North American and international markets. [5]
Wesco Distribution was formed in 1922 as a subsidiary of the Westinghouse Electric Corporation, a company also based in Pittsburgh. It served as the Westinghouse subsidiary charged with selling and distributing company components in the electrical and industrial industries. Wesco maintained close ties to its parent.
In 1994, the private equity firm Clayton, Dubilier & Rice (CD&R) purchased Westinghouse Electrical Supply Company and created Wesco Distribution Inc. [4]
In June 1998, CD&R sold Wesco to The Cypress Group for USD 1.1 billion, which formed WESCO International Inc., the current owner of Wesco Distribution. [6]
In the same year, Wesco acquired the Bruckner Supply Company Inc., a provider of integrated supply management solutions[ buzzword ] and MRO products to Fortune 500 customers. [4]
On May 12, 1999, Wesco held its initial public offering on the New York Stock Exchange [7]
In 2008, the company was recognized for "environmentally sustainable business practices" through an Environmental Stewardship Award from Veolia ES Technical Solutions. [8]
In 2005, Wesco acquired the Carlton-Bates Company, a provider of original equipment products and supply solutions[ buzzword ] to industrial customers. [4] In the same year, Forbes magazine named Wesco as one of their 400 Best Big Companies, an honor which was received again in 2006, 2007, and 2009. [4]
In 2006, Wesco acquired the Communication Supply Corporation, a national distributor of data communications products for enterprise and data center customers. [9]
In November 2010 the company acquired TVC Communications. [10] [11]
In 2010, Wesco acquired Calgary, Alberta based Brews Supply Ltd. [12]
In 2012, Wesco acquired EECOL Electric Corp. [13]
In June 2012, the company acquired Conney Safety Products, LLC. [14]
In 2014, Wesco acquired Hazmasters Inc. [15]
In 2015, Wesco acquired Hill Country Electric Supply, [16] Aelux, [17] and Needham Electric Supply. [18]
In 2016, Wesco acquired Atlanta Electrical Distributors, LLC. [19]
In 2019, Wesco acquired OSRAM's Sylvania Lighting Solutions (SLS), now known as Wesco Energy Solutions. [20] [21]
On January 13, 2020, Wesco agreed to acquire Anixter. [22] In November 2021, Wesco changed its logo as part of the post-merger integration with Anixter. [23]
On September 7, 2022, Wesco agreed to acquire Rahi Systems. [24]
GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), was the largest independent telephone company in the United States during the days of the Bell System. The company operated from 1926, with roots tracing further back than that, until 2000, when it was acquired by Bell Atlantic, which changed its name to Verizon.
Vantiva SA, formerly Technicolor SA, Thomson SARL, Thomson SA, and Thomson Multimedia, is a French multinational corporation that provides creative services and technology products for the communication, media and entertainment industries. Vantiva is headquartered in Paris, with offices in Rennes, Beijing, Seoul, Chennai, Edegem, Norcross, Georgia (U.S), and Memphis, Tennessee.
Rexel S.A. is a French company specializing in the distribution of electrical, heating, lighting and plumbing equipment, but also in renewable energies and energy efficiency products and services.
Tellabs, Inc. is a global network technology company that provides networking and communications solutions to both private and governmental agencies. The company offers a range of products and services, including optical transport systems, access systems, managed access solutions, and network management software. The company was founded by Michael Birck in 1974 and is headquartered in Carrollton, Texas. It is currently owned by Marlin Equity Partners, who established an independent business for its product portfolio to accelerate the development of Optical local area network (OLAN) technology. Designed for enterprise and government clients, OLAN uses fiber, which is faster, more secure, and more stable compared to traditional copper infrastructure.
GraybarElectric Company, Inc. is an American wholesale electrical, communications and data networking products distribution business, which also supplies related supply-chain management and logistics services. The company is based in Clayton, Missouri and is an employee-owned corporation.
Genuine Parts Company (GPC) is an American company engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. GPC serves numerous customers from more than 2,600 operations around the world, and has approximately 48,000 employees. It owns the NAPA Auto Parts brand.
Anixter International Inc. is a company based in Glenview, Illinois, United States and founded in 1957. The company supplies goods and services for communications, security, networking, audio-visual, and industrial control applications.
Essendant Inc., formerly known as United Stationers, is a national wholesale distributor of office supplies, with consolidated net sales of $5.3 billion. Essendant serves 30,000 reseller customers and stocks over 160,000 items, including traditional office products, office furniture, janitorial and break room supplies, industrial supplies, and technology products. Essendant is headquartered in Deerfield, Illinois and also has operations in Dubai, United Arab Emirates (UAE).
Exide was originally a brand name for batteries produced by The Electric Storage Battery Company and later became Exide Holdings, Inc. doing business as Exide Technologies, an American lead-acid batteries manufacturing company. Exide Holdings manufactured automotive batteries and industrial batteries. Exide Holdings is based in Milton, Georgia, United States.
Acuity Brands, Inc. is a lighting and building management firm headquartered in Atlanta, Georgia, with operations throughout North America and in Europe and Asia. As of 2024 the company has approximately 12,000 employees and recorded net sales of $3.84 billion for the fiscal year. In terms of market share, Acuity Brands is the largest lighting manufacturer in North America.
Follett Corporation is an American technology company headquartered in Westchester, Illinois. Follett is a provider of educational services and products to colleges, schools, and libraries.
Quanta Services is an American corporation that provides infrastructure services for electric power, pipeline, industrial and communications industries. Capabilities include the planning, design, installation, program management, maintenance and repair of most types of network infrastructure. In June 2009, Quanta Services was added to the S&P 500 index, replacing Ingersoll-Rand.
PFSweb, Inc. is an eCommerce fulfillment and logistics 3PL service provider for business-to-business and direct-to-consumer companies. Its corporate headquarters were relocated from Allen, Texas to Irving, Texas in 2022. As of 2023, the company had 2.2 million square feet of warehouse space, and distribution centers in the U.S., the UK, Belgium, and Canada.
Activant Solutions Inc. was a privately held American technology company specializing in business management, software serving retail and wholesale distribution businesses headquartered in Livermore, California.
Greg A. Rosenbaum is an American businessman and investor. He is based in Bethesda, Maryland. He is the founder and president of Palisades Associates, a private-equity firm.
Exelis Inc., was a global aerospace, defense, information and services company created in October 2011 as a result of the spinoff of ITT Corporation's defense business into an independent, publicly traded company. The company was headquartered in Tysons Corner, Virginia, USA and was led by CEO and President David F. Melcher. The Washington Post highlighted Exelis as a top company in the Washington, D.C. region in 2011. It was acquired by the Harris Corporation for $4.75 billion in 2015.
Summit Electric Supply Co. Inc. is a privately held, independent wholesale distributor of industrial electrical equipment and supplies. The company is headquartered in Albuquerque, New Mexico where it was founded in 1977.
Vertiv Holdings Co., organized in Delaware and headquartered in Westerville, Ohio, designs, manufactures and services infrastructure for data centers, telecommunications networks, and commercial and industrial environments. The company produces AC and DC power management products, switchgear and busbar products, thermal management products, integrated rack systems, and modular and management systems for monitoring and controlling digital infrastructure.
Crescent Electric Supply Company is an American distributor of electrical hardware. Crescent was founded in 1919 in Dubuque, Iowa, but is currently headquartered in East Dubuque, Illinois. One of the largest companies of its kind, Crescent Electric Supply was ranked by Forbes as the 435th largest privately held company in the United States in 2008.
Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications Inc. offers telephony, television, data and Internet services; Telus Mobility, offers wireless services; Telus Health operates companies that provide health products and services; and Telus International operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus has a long history and is listed with the Toronto Stock Exchange.