EIS Acquires Fay Wire

EIS Inc., a distributor of electrical insulation and other process materials used in the electrical original equipment manufacturing (OEM) and motor repair markets, announced that they have acquired the assets of Fay Electric Wire Corp., Elmhurst, Ill. Fay is a distributor of electrical process materials to OEMs and repair facilities. EIS, with 2008 sales of $466 million, is a wholly-owned subsidiary of Genuine Parts Co., which also owns Motion Industries.