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The Big Apple has been one of the nation’s hottest urban construction markets, and 2014 should prove to be no different, as there’s a staggering array of office construction, mass transit upgrades and residential redevelopment underway. The New York Building Congress said a surge in residential building in the city will boost total construction spending 14% this year to $31.5 billion, and the Bureau of Labor Statistics says metropolitan New York added 5,000 jobs year-to-year through August. Over the next few years, these contractors may be working on a Metropolitan Transit Authority (MTA) massive mass transit project; the Second Ave. subway project; a 36-story office tower for the United Nations; the $3 billion Willets Point mixed-use redevelopment project now under consideration; or one of the many luxury high-rise condo towers sprouting up all over the city.
There’s a major mass-transit project on the drawing boards in Philadelphia, too, with Amtrak’s plans for the redevelopment of the city’s 30th Street Station area. Other projects of note either underway or in the planning process include the $700 million, 2.3-million-square-foot Greater Philadelphia World Trade Center project to redevelop Camden waterfront; a multi-billion chip fabrication plant in Stillwater, N.Y.; the $400 million Prudential office tower in Newark; and the $230 million Kalahari Resort and Convention Center being built on Pennsylvania’s Pocono Mountains.
Acquisition activity. For such a large region, it's surprising there haven't been more large electrical distributors acquired over the past five years. According to Electrical Marketing newsletter's Electrical Market Acquisition database, the largest aquisition was Turtle & Hughes' purchase this year of Mid-Island Electrical Supply in Commack, N.Y. Click here to see the other recent acquisitions in this market.TOP 200 ELECTRICAL DISTRIBUTORS
WITH THEIR HEADQUARTERS IN THE MIDDLE ATLANTIC REGION
The Middle Atlantic region probably has more Top 200 Electrical Distributors than any other region. Click here to find out more about them.
| Rank | Company Name: | Town/City: | State: |
| 1 | Sonepar North America | Philadelphia | PA |
| 2 | WESCO Distribution Inc. | Pittsburgh | PA |
| 16 | Turtle & Hughes Inc. | Linden | NJ |
| 26 | Omni Cable | West Chester | PA |
| 39 | Rumsey Electric Co. | Conshohocken | PA |
| 44 | Colonial Electric | King of Prussia | PA |
| 55 | Horizon Solutions LLC | Rochester | NY |
| 57 | Billows Electric | Philadelphia | PA |
| 62 | Schaedler Yesco Distribution Inc. | Harrisburg | PA |
| 63 | The Hite Co. | Altoona | PA |
| 65 | Allied Wire & Cable Inc. | Collegeville | PA |
| 66 | Benfield Electric Supply Co. Inc. | White Plains | NY |
| 104 | Fromm Electric Supply Corp. | Reading | PA |
| 112 | Mid-Island Electrical Supply/Turtle & Hughes | Commack | NY |
| 114 | Warshauer Electric Supply Co. | Tinton Falls | NJ |
| 126 | Schwing Electrical Sales Corp. | Farmingdale | NY |
| 128 | City Electric Company Inc. | Syracuse | NY |
| 130 | Denney Electric Supply | Ambler | PA |
| 132 | Tri State Supply Co. Inc. | Washington | PA |
| 133 | I.G. Federal Electrical Supply Corp. | Long Island City | NY |
| 135 | Grant Supplies | Long Island City | NY |
| 149 | Gallant & Wein Corp. | Long Island City | NY |
| 153 | KJ Electric | Syracuse | NY |
| 154 | Swift Electrical Supply Co. Inc. | Teterboro | NJ |
| 156 | Feldman Brothers Electrical Supply Co. | Paterson | NJ |
| 157 | Kovalsky - Carr Electric Supply Co. Inc. | Rochester | NY |
| 165 | G & G Electric Supply | New York | NY |
| 177 | Shanor Electric Supply | Buffalo | NY |
| 185 | Griffith Electric Supply | Trenton | NJ |
RECENT NEW BRANCH OPENINGS IN MIDDLE ATLANTIC REGION
Rumsey's strategy of co-locating some branches with APR Supply, a pllumbing and HVAC distributor is a real interesting concept. The opened a branch together this year in Atlantic City, and have done the same in Malvern, Pa., and Center City Philadelphia.
If your company has opened a new branch and would like it publicized in Electrical Wholesaling's print edition or on www.ewweb.com, please send the information (and a high-resolution photo if possible to Jim Lucy, EW's chief editor, at [email protected].
ELECTRICAL WHOLESALING'S SALES FORECASTS
FOR THE MIDDLE ATLANTIC REGION
This region's 2014 growth forecast of 3.9% growth is a full point below the national forecast of 4.9%.
EMPLOYMENT IN KEY CUSTOMER GROUPS IN THE MIDDLE ATLANTIC MARKET
You can use the employment data below to calculate sales potential for key customer groups by region, state and Metropolitan Statistical Area (MSA) by using this data and Electrical Wholesaling's 2014 Sales Multipliers. To get these multipliers and to learn how to use them, click here to get to Electrical Wholesaling 2014 Market Planning Guide. Just scroll down and search for "multipliers."
