WEDCO Electrical Distributors to Join Border States
WEDCO leadership announced they have reached an agreement in principle to join Border States. WEDCO is an ESOP electrical distributor in Nevada with 73 employees over four locations: Reno (headquarters), Fallon, Carson City and Winnemucca.
This agreement between WEDCO and Border States is pending all required approvals.
“As we work through the process of closing the transaction, it’s exciting to know that our employee-owners will have expanded resources to serve Nevada,” said Rich Stoltz, WEDCO’s President. “Border States is 100% American-owned and an ESOP — it has existing relationships with contractors involved in large-scale projects in the Northern Nevada market and expertise in the utility and industrial markets that will help entry and growth in these market sectors.”
“We are excited for this opportunity to expand into Nevada and to do so with such an outstanding company — an ESOP, fueled by a great team of employee-owners” said Jason Seger, President and CEO of Border States. “Our coming together represents a great opportunity for the employee-owners of WEDCO, for customers and for vendors. I’m excited for the success we will deliver together as we combine our network, scale and overall resources with their local relationships and know-how as the most trusted name in the Reno area.”
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