Van Meter Inc., Cedar Rapids, Iowa, said it will expand its business territory to the east and west in 2016. The company has agreed to acquire Bright Electrical Supply Co. in downtown Chicago in a deal expected to close by the end of the year. Van Meter also plans to open a new branch in Omaha, Neb., in the second quarter of 2016.
The Bright Electrical Supply acquisition carries Van Meter into a major urban center with an established operation that leans heavily on commercial lighti
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