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Ewweb 6268 2019 Ew Market Planning Guide Pr

Measuring Your Metros

July 31, 2019
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Office construction around the World Trade Center site, including the recently completed Freedom Tower shown here, has been one of the largest construction projects in the country over the past few years.

2014 Middle Atlantic Region Forecast

Nov. 7, 2013
 New York City's construction market is going strong with an estimated $31.5 billion in construction spending expected in 2014. Construction employment is also up in the city, where the BLS says 5,000 jobs were added through August 2013. On the drawing boards are the redevelopment of the area around the 30th St. Station and Camden, N.J.'s waterfront.     
The Big Apple has been one of the nation’s hottest urban construction markets, and 2014 should prove to be no different, as there’s a staggering array of office construction, mass transit upgrades and residential redevelopment underway. The New York Building Congress said a surge in residential building in the city will boost total construction spending 14% this year to $31.5 billion, and the Bureau of Labor Statistics says metropolitan New York added 5,000 jobs year-to-year through August. Over the next few years, these contractors may be working on a Metropolitan Transit Authority (MTA) massive mass transit project; the Second Ave. subway project; a 36-story office tower for the United Nations; the $3 billion Willets Point mixed-use redevelopment project now under consideration; or one of the many luxury high-rise condo towers sprouting up all over the city.

There’s a major mass-transit project on the drawing boards in Philadelphia, too, with Amtrak’s plans for the redevelopment of the city’s 30th Street Station area. Other projects of note either underway or in the planning process include the $700 million, 2.3-million-square-foot Greater Philadelphia World Trade Center project to redevelop Camden waterfront; a multi-billion chip fabrication plant in Stillwater, N.Y.; the $400 million Prudential office tower in Newark; and the $230 million Kalahari Resort and Convention Center being built on Pennsylvania’s Pocono Mountains.

 Acquisition activity. For such a large region, it's surprising there haven't been more large electrical distributors acquired over the past five years. According to Electrical Marketing newsletter's Electrical Market Acquisition database, the largest aquisition was Turtle & Hughes' purchase this year of Mid-Island Electrical Supply in Commack, N.Y. Click here to see the other recent acquisitions in this market.

TOP 200 ELECTRICAL DISTRIBUTORS

WITH THEIR HEADQUARTERS IN THE MIDDLE ATLANTIC REGION

The Middle Atlantic region probably has more Top 200 Electrical Distributors than any other region. Click here to find out more about them.

Rank Company Name:   Town/City: State:
1 Sonepar North America Philadelphia PA
2 WESCO Distribution Inc. Pittsburgh PA
16 Turtle & Hughes Inc. Linden NJ
26 Omni Cable West Chester PA
39 Rumsey Electric Co. Conshohocken PA
44 Colonial Electric King of Prussia PA
55 Horizon Solutions LLC Rochester NY
57 Billows Electric Philadelphia PA
62 Schaedler Yesco Distribution Inc. Harrisburg PA
63 The Hite Co. Altoona PA
65 Allied Wire & Cable Inc. Collegeville PA
66 Benfield Electric Supply Co. Inc. White Plains NY
104 Fromm Electric Supply Corp. Reading PA
112 Mid-Island Electrical Supply/Turtle & Hughes Commack NY
114 Warshauer Electric Supply Co. Tinton Falls NJ
126 Schwing Electrical Sales Corp. Farmingdale NY
128 City Electric Company Inc. Syracuse NY
130 Denney Electric Supply Ambler PA
132 Tri State Supply Co. Inc. Washington PA
133 I.G. Federal Electrical Supply Corp. Long Island City NY
135 Grant Supplies Long Island City NY
149 Gallant & Wein Corp. Long Island City NY
153 KJ Electric Syracuse NY
154 Swift Electrical Supply Co. Inc. Teterboro NJ
156 Feldman Brothers Electrical Supply Co.  Paterson NJ
157 Kovalsky - Carr Electric Supply Co. Inc. Rochester NY
165 G & G Electric Supply New York NY
177 Shanor Electric Supply Buffalo NY
185 Griffith Electric Supply Trenton NJ

RECENT NEW BRANCH OPENINGS IN MIDDLE ATLANTIC REGION

Rumsey's strategy of co-locating some branches with APR Supply, a pllumbing and HVAC distributor is a real interesting concept. The opened a branch together this year in Atlantic City, and  have done the same in Malvern, Pa., and Center City Philadelphia.

If your company has opened a new branch and would like it publicized in Electrical Wholesaling's print edition or on www.ewweb.com, please send the information (and a high-resolution photo if possible to Jim Lucy, EW's chief editor, at [email protected].  .... 

Company Town/City State Year Rumsey Electric Co./APR Supply Atlantic City NJ 2013 Graybar Electric Co. Binghamton NY 2013 Graybar Electric Co. Williamsport PA 2013 Graybar Electric Co. (expansion of sales office to full-service branch Hudson Valley NY 2013 Rumsey Electric Co./APR Supply Malvern PA 2012

ELECTRICAL WHOLESALING'S SALES FORECASTS
FOR THE MIDDLE ATLANTIC REGION

This region's 2014 growth forecast of 3.9% growth is a full point below the national forecast of 4.9%.

EMPLOYMENT IN KEY CUSTOMER GROUPS IN THE MIDDLE ATLANTIC MARKET

You can use the employment data below to calculate sales potential for key customer groups by region, state and Metropolitan Statistical Area (MSA)  by using this data and Electrical Wholesaling's 2014 Sales Multipliers. To get these multipliers and to learn how to use them, click here to get to Electrical Wholesaling 2014 Market Planning Guide. Just scroll down and search for "multipliers."