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  NESCO ACQUIRES NORWELL ELECTRIC SUPPLY
 
     
 

November 12, 2007–Canton, MA–NESCO, a leading full-service independent electrical distributor serving electrical contractors, national retail accounts, commercial and industrial companies, and institutional accounts, today announced that it has acquired Norwell Electric Supply located at 412 Rear Washington Street, Norwell, Massachusetts. Norwell Electric Supply will continue to operate under its name as "A Division of NESCO, Needham Electric Supply."

Founded in 1997, Norwell Electric is a family-owned and operated electrical distributor serving the needs of residential and commercial contractors on the South Shore. Founder, Ken Klapman, will remain with the company and serve as Branch Manager for the 8,000 sq. ft. Norwell location.

"We are excited to welcome Norwell Electric Supply to the NESCO family. Norwell Electric shares our commitment for providing superior service and real value to our customers," Joseph A. Cincotta, CEO of NESCO. "This acquisition is consistent with our strategy of expanding our presence throughout New England."

In 2007, NESCO has more than doubled its number of locations with the addition of three locations in Massachusetts, four in Vermont, and two in New Hampshire.

About NESCO
NESCO, Needham Electric Supply, is a full-service distributor of electrical products including lamps, switchgear, lighting, and an extensive line of electrical commodities. NESCO’s solid reputation for outstanding performance and dedication to its customers, vendors and associates has helped the company achieve annual recognition on Electrical Wholesaling Magazine’s “Top 200 National List of Electrical Distributors” (NESCO is ranked as #102). Our customers include electrical contractors, national accounts, commercial and industrial companies, institutional accounts, and OEMs. NESCO has 15 branch locations throughout Massachusetts, New Hampshire and Vermont, and retail national account offices in California, Michigan, New York, and North Carolina.