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Temple buys Rigby

Feb. 1, 2003
Temple Inc., Grand Prairie, Texas, acquired Rigby Electric of Kingstree, S.C., for an undisclosed sum.Rigby Electric, a family-owned utility specialist

Temple Inc., Grand Prairie, Texas, acquired Rigby Electric of Kingstree, S.C., for an undisclosed sum.

Rigby Electric, a family-owned utility specialist founded in 1958, had 1998 sales of approximately $6 million, says Rick McClure, chief executive for Temple. Rigby Electric joins Power Supply Inc., a utility distributor Temple bought last June based in Matthews, N.C. At one time Rigby was "a business related to Power Supply," says McClure, and following the acquisition Rigby will operate under the Power Supply name. The addition of Rigby fills gaps in Power Supply's Carolinas coverage. Power Supply, which has become the platform for a new division of Temple, serves the North Carolina utility market as well as some residential electrical contractors in the Matthews area, a suburb of Charlotte.

About the Author

Doug Chandler | Senior Staff Writer

Doug has been reporting and writing on the electrical industry for Electrical Wholesaling and Electrical Marketing since 1992 and still finds the industry’s evolution and the characters who inhabit its companies endlessly fascinating. That was true even before e-commerce, LED lighting and distributed generation began to disrupt so many of the electrical industry’s traditional practices.

Doug earned a BA in English Literature from the University of Kansas after spending a few years in KU’s William Allen White School of Journalism, then deciding he absolutely did not want to be a journalist. In the company of his wife, two kids, two dogs and two cats, he spends a lot of time in the garden and the kitchen – growing food, cooking, brewing beer – and helping to run the family coffee shop.

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