June 5, 2012 - Mayer Electric Supply Company recently announced that it will be expanding its operations to include a location in the Dallas, TX area. The expansion comes by way of an acquisition of Mustang Electric Supply in Lewisville, TX, a growing suburb just northeast of Dallas.
“What a great opportunity for Mayer,” announced Wes Smith, President of Mayer. “Our expansion plans include locations throughout the south and the chance to have an organization like Mustang join the Mayer team just doesn’t happen very often. After assessing the market, product lines, and operational requirements, we are confident that this will be a great foundation for growth for Mayer, the associates at Mustang, and the customers they serve.”
Mustang Electric Supply opened in 1998 and occupies a 40,000 square foot facility just off of the Sam Rayburn Tollway. The company serves a vibrant market of commercial and residential contractors in a market driven and supported by the powerful industrial, commercial, and institutional markets in both the Dallas and Fort Worth areas.
Bill Jett, CEO of Mustang, in making the announcement, shared with his team that he could not have imagined a better choice than Mayer. “We’ve known of Mayer for a long time and have always heard good things about them. Over the course of the last several months we’ve learned a lot more about their people-oriented culture that has earned them numerous Best Places to Work awards, so we are very confident in this fit for our employees.”
“Mayer’s powerful systems and services capabilities and strategies for growth have made us even more impressed,” added Mustang President, Wink Benbow.
As with all Mayer acquisitions, there are no immediate plans to change the name of the company. “We rely heavily on the local manager to make that call. We have the utmost respect for the owners of Mustang and recognize that it is their name that is well known by the customers in the Dallas/Ft. Worth market,” said Smith.
Mayer is a wholesale-distributor of electrical equipment and supplies, lighting, tools, communications, and factory automation equipment. The company, founded in 1930, is a third-generation family and certified woman-owned business. Mayer Electric Supply is the 11th largest distributor of electrical products in the U.S. with sales of $626M. The company is also known as a leader in quality service evidenced by its distinction of being the first electrical distributor in the United States to have received ISO 9001 Quality Certification.