Sponsored
In a typical year, construction activity this region’s three largest cities – Denver, Las Vegas and Phoenix – usually dominates the economic headlines, but in 2013 the projects are more spread more evenly through the region. Outside of the new State Farm 1.9 million-sq.-ft. office complex in Tempe, Ariz., and two new casino projects that started up this year in Las Vegas (the $415 million renovation of the SLS Hotel & Casino and the $165 million renovation of the Gansevoort Las Vegas Hotel & Casino), the region’s other large projects were in outlying areas. These projects were the 50MW Macho Solar Springs project broke ground in Deming, N.M., and the Casper Crude to Rail Terminal in Casper, Wyo. McGraw-Hill Construction reported that Charles Schwab broke ground this year on a $110 million headquarters in the Denver suburb of Lone Tree, Colo.
Historically, this region has some of the nation’s fastest-growing housing markets in Denver, Las Vegas and Phoenix, but this year none of these cities logged building permit at a pace much over the national average of +24% for single-family, 19% multi-family or +22% total construction (through August). However, on the strength of its 79% increase in multi-family building permit activity, Salt Lake City is tracking at a +40% pace for the year through August.
Acquisition activity in the Mountain Region. Salt Lake City has seen two major acquisitions over the past two years with Sonepar's 2012 purchase of Codale Electric Supply and Border State Electric's purchase this year of Electrical Wholesale Supply of Utah. Details
ELECTRICAL WHOLESALING TOP 200 DISTRIBUTORS
WITH THEIR HEADQUARTERS IN THIS REGION
Despite the recent acquisition activity, this region is still loaded with independent, family-owned businesses. Details
Rank | Company Name | Town/City | State |
24 | Summit Electric Supply | Albuquerque | NM |
33 | Codale Electric Supply Inc./Sonepar | Salt Lake City | UT |
51 | QED, Inc. | Las Vegas | NV |
82 | NEDCO Supply | Las Vegas | NV |
99 | Western United Electric Supply Corp | Brighton | CO |
100 | Electrical Wholesale Supply Co. of Utah, Inc./Border States Electric | Salt Lake City | UT |
103 | Crum Electric Supply Co., Inc. | Casper | WY |
158 | Grove Madsen Industries | Reno | NV |
160 | Blazer Electric Supply | Colorado Springs | CO |
196 | Autonomy Technology Inc. | Las Vegas | NV |
RECENT NEW BRANCH OPENINGS
IN THE MOUNTAIN REGION
Crescent Electric Supply's opening of a branch in Sidney, Mont., on the western edge of the Bakken oil range was an interesting move as the other new branches that were opened in this region were in Dickinson and Williston, N.D. 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].
Company | Town/City | State | Year |
Graybar Electric Co. | Tucson | AZ | 2012 |
Crescent Electric Supply | Pinetop-Lakeside | AZ | 2012 |
Border States Electric | Greeley | CO | 2013 |
Crescent Electric Supply | Sidney | MT | 2013 |
MOUNTAIN REGION SALES DATA
The metropolitan areas that contribute the most to this region's electrical sales are Albuquerque, Denver, Las Vegas, Phoenix and Salt Lake City.
EMPLOYMENT DATA FOR THE MOUNTAIN REGION
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."