Capital Electric, one of Sonepar’s largest U.S. operating companies with more than 1,000 employees working in 70 branches across seven states, has reached $1 billion in sales.
The Sonepar press release said Capital Electric’s growth was due to a combination of strategic acquisitions, organic expansion and a people-first culture dedicated to always meeting the changing needs of its local customer base. Alan Rosenfeld, East Region president of Sonepar USA and former President of Capital Electric, said in the release, “There are many things I am proud of, like the people that fuel our great culture, our laser focus on investment and strategic growth, and our drive to make Capital Electric top-of-mind for every customer.”
In 2016, Capital Electric developed a five-year plan to reach the $1 billion mark. Rob Taylor, president of Sonepar North America, said in the press release, “Hitting the goal is a great achievement for the Capital Electric team, and they have our full support. In the coming year, Sonepar is making a significant investment to build a new state-of-the-art distribution center for Capital.”