Springfield Electric Supply Co., Springfield, Ill., has acquired the assets of Soy City Electric Supply, Decatur, Ill. Soy City Electric Supply has been in business for 65 years and is located at 1050 North Main, Decatur, Ill.
Michael Barker, Springfield Electric's president and COO, said, “Soy City Electric Supply has been a very capable and effective competitor for many years. Combining our resources into one expanded and strengthened team is a further commitment to our future growth in the Decatur market. We acquired the former Boland Electric in 1997 and expanded and built a new facility in 1999. With the additional resources in experienced personnel and added inventory this consolidation gives us, we plan to increase the services offered and our territory coverage.”
Springfield Electric Supply employs over 250 associates at 16 locations in Illinois, Iowa and Missouri, and is celebrating its 80th anniversary this year. The company is ranked #56 on EW's 2012 Top 200 listing.