ADVANCE ELECTRICAL SUPPLY CO. JOINS BORDER STATES
Earlier this year, Advance Electrical Supply Co. reached an agreement to be purchased by Border States, a 100% employee-owned company with headquarters at the Branch Support Center in Fargo, North Dakota. Border States supplies products and services to construction, industrial and utility customers and is ranked the sixth largest electrical distributor in the U.S. by Electrical Wholesaling magazine. Advance officially became a division of Border States on
April 30, 2022.
Prior to the purchase, Advance was owned by Mike Mayworm, Executive Vice President, and Aaron Hughes, President.
“It’s been awesome to see the success Advance has achieved. We have an incredible group of people and being able to continue to grow at an even faster pace is thrilling,” said Mayworm, now serving as Strategic Sales Director with Border States. “I couldn’t think of doing it with anyone else than Border States.”
“Mike and I are extremely excited to join Border States. We talk a lot about ‘acting like owners’ and to be able to give our team members the ability to be true owners is an incredible opportunity for them,” said Hughes, now serving as Area Director – Illinois/Indiana with Border States. “Border States embodies what we wanted to become in the future. We are aligned on our values and the way we treat people. Joining Border States is going to accelerate our growth in the Chicago, Illinois, area and assist us in providing an even better customer experience.”
“We are excited to welcome Advance Electrical Supply Co. to our employee-owned company. They are a very successful and well-respected electrical distributor with an outstanding reputation,” said Jason Seger, President, Border States. “Their proven track record, Chicago presence and potential for growth makes them a perfect geographic addition. More importantly, their values and belief in strong customer service, strong vendor relationships and the desire for employee ownership align well with our culture.”
“Advance has great talent throughout the organization and is managed by a progressive leadership team that has created high engagement and a winning culture — our two companies share similar values and approaches to success,” said David White, CEO, Border States. “We believe if you take care of each other, customers and vendors, the rest will take care of itself. This is a tremendous fit; we look forward to growing together.”
Stay tuned for more information about how this new chapter for Advance and Border States will benefit our customers.
If you have questions, please reach out to Alvin Espino at email@example.com