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CED to move HQ to Texas

Oct. 26, 2010
Consolidated Electrical Distributors (CED) is moving its corporate headquarters from Westlake Village, Calif., to Irving, Texas, thanks to $1.2 million in incentives from Texas Governor Rick Perry. According to the Texas governor's office, the move ...

Consolidated Electrical Distributors (CED) is moving its corporate headquarters from Westlake Village, Calif., to Irving, Texas, thanks to $1.2 million in incentives from Texas Governor Rick Perry.

According to the Texas governor's office, the move will bring 120 jobs to the Lone Star state and generate as much as $3.3 million in capital spending thanks to funding from the Texas Enterprise Fund (TEF), a program to provide incentives for businesses in the state.

CED is the sixth-largest electrical distributor in the United States, according to Electrical Wholesaling, and a Forbes 125 private company, employing approximately 6,200 people in 584 locations at the end of 2009.