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Share Name | Share Symbol | Market | Type |
---|---|---|---|
WESCO International Inc | NYSE:WCC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.64 | 1.53% | 175.53 | 175.85 | 173.88 | 173.99 | 49,224 | 15:10:13 |
PITTSBURGH, May 4, 2015 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, announced today that WESCO Distribution, Inc. has completed the previously announced acquisition of Hill Country Electric Supply, an electrical distributor focused on the commercial construction market in Central and South Texas, primarily in the Austin and San Antonio regions. This acquisition is expected to be accretive to earnings by approximately $0.05 per diluted share in the first year of operation.
About WESCO
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating ("MRO") and original equipment manufacturers ("OEM") product, construction materials, and advanced supply chain management and logistic services. 2014 annual sales were approximately $7.9 billion. The Company employs approximately 9,400 people, maintains relationships with over 25,000 suppliers, and serves over 75,000 active customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers and utilities. WESCO operates nine fully automated distribution centers and approximately 485 full-service branches in North America and international markets, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.
The matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. Certain of these risks are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2013, as well as the Company's other reports filed with the Securities and Exchange Commission.
http://www.wesco.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wesco-international-inc-completes-the-acquisition-of-hill-country-electric-supply-300076343.html
SOURCE WESCO International, Inc.
Copyright 2015 PR Newswire
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