Cape Electrical Supply/Graybar Buys Power Supply

 Cape Electrical Supply, a subsidiary of Graybar, announced that it has acquired Power Supply Co. Founded in 1999, Power Supply Co. is a utility distributor based in Chattanooga, TN. The company serves customers in Tennessee, as well as in portions of Georgia and Alabama. Moving forward, it will operate as a division of Cape Electrical Supply, with the same employees and suppliers.  

“We are excited to welcome the Power Supply team to Cape Electric,” said Bryant Summers, president of Cape Electrical Supply in the press release. “This acquisition broadens our reach, elevates our service capabilities, and creates new growth opportunities for both organizations. We look forward to combining our strengths to serve our customers and achieve long-term success together.”

Cape Electrical Supply is wholly owned subsidiary of Graybar. In business since 1953, Cape Electrical Supply serves several markets, including utility, commercial construction, industrial, voice/data/video and residential. It operates locations in Missouri, Illinois, Kentucky, Tennessee, Arkansas and Alabama.