Springfield Electric Supply buys Soy City Electric Supply

Springfield Electric Supply Co., Springfield, Ill., has acquired the assets of Soy City Electric Supply, Decatur, Ill. Soy City Electric Supply has been in business for 65 years and is located at 1050 North Main, Decatur, Ill.

In a press release announcing the acquisition, Michael Barker, Springfield Electric's president and COO said, “Soy City Electric Supply has been a very capable and effective competitor for many years. Combining our resources into one expended and strengthened team is a further commitment to our future growth in the Decatur market. We acquired the former Boland Electric in 1997; expanded and built a new facility in 1999, located at 3575 N. Woodford. With the additional resources in experienced personnel and added inventory this consolidation gives us, we plan to increase the services offered and our territory coverage.”

Springfield Electric Supply Company currently employees over 250 associates, has 16 locations in Illinois, Iowa and Missouri and is celebrating its 80thh anniversary in the electrical distribution industry. The company is ranked #56 on Electrical Wholesaling's 2012 Top 200 listing.