SMTM and McCreary Sales, two Texas-based representative agencies have merged, according to an Encore Wire press release. Effective Jan. 1, McCreary Sales will expand its geographic footprint to include east and central Texas in addition to north and west Texas, New Mexico and Oklahoma. The employees of SMTM will transition to McCreary Sales as part of this merger. Bill Hyle, principal owner of SMTM, will remain on to support a smooth and effective transition until his retirement at the end of 2020.
Daniel Jones, Encore Wire’s chairman, president and CEO, said, “As we look at the needs of our partners and the opportunities to add value in a changing marketplace, we regularly review areas for growth and expansion. To that end, we believe the merger of SMTM and McCreary Sales will accelerate Encore Wire’s growth across our home state of Texas.”