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But the good times look like they will keep on rolling as construction companies added 8,700 new employees from Aug. 2012- Aug. 2013, a 16% increase that’s second only to Los Angeles. Some of these contractors may be working on the site of the new $630 million Millennium Tower at the site of the old Filene’s store, or at the $1.2 billon Suffolk Down racetrack-casino that’s on the drawing boards. Outside the Boston metro there are some impressive projects, too. Stamford, Conn., broke ground on a new $450 million hospital, and the recently started Jackson Laboratory for Genomic Research is a $191 million project in Farmington, Conn.
Acquisition activity. NESCO and Granite City Electric Supply have been the most active acquirers over the past five years in this region. Details
WITH THEIR HEADQUARTERS IN NEW ENGLAND
EW "TOP 200" ELECTRICAL DISTRIBUTORSGranite City Electric and NESCO are the two largest independently owned electrical distributors with their headquarters locations in New England, following Munro Distribution's acquisition in Dec. 2012 by Rexel. Horizon Solutions is another big independent player, but its headquarters is in Rochester, N.Y. To get more details on the Top 200 Electrical Distributors listed below, click here.
Rank |
Company Name |
Town/City |
State |
67 | Munro Distribution Co. Inc./Rexel | Fall River | MA |
68 | Granite City Electric Supply Co. | Quincy | MA |
86 | Needham Electric Supply / NESCO | Canton | MA |
119 | Rockingham Electric Supply Co. | Newington | NH |
125 | Independent Electric Supply | Somerville | MA |
167 | The Hartford Electric Supply Co. Inc. (HESCO) | Rocky Hill | CT |
RECENT NEW BRANCH OPENINGS IN NEW ENGLAND REGION
Compared to some other regions of the United States, it's been pretty quiet on the branch expansion front in this region. 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 NEW ENGLAND REGION
Massachusetts and Connecticut account for more than 70% of distributor sales in New England.
EMPLOYMENT IN KEY CUSTOMER GROUPS IN THE NEW ENGLAND MARKET
You can use the employment data below to calculate sales potential for key customer groups by region, state and Metropolitan Statistical Area (MSA)click here to get to Electrical Wholesaling 2014 Market Planning Guide. Just scroll down and search for "multiplers."
by using this data and Electrical Wholesaling's 2014 Sales Multipliers. To get these multipliers and to learn how to use them,