US Electrical Services Inc. (USESI), a new company run by Richard Worthy, will expand into New Jersey with the acquisition of Monarch Electric Co., West Caldwell, N.J., effective May 31.
The acquisition is Worthy’s second deal in a few weeks. Worthy, former CEO of Sonepar North America, recently announced he was buying Electrical Wholesalers Inc., Hartford, Conn., one of Connecticut’s largest independent electrical distributors.
Tracing its history to the 1920s, Monarch Electr
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