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Written by / Agency / Source: Allied Wire & Cable

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Allied Continues its Unprecedented Growth with the Acquisition of Progressive Wire - Allied Wire & Cable finalizes the acquisition of Progressive Wire & Cable, adding three southern US locations to its network of sales and stocking facilities throughout the country - AWCwire.com
Allied Continues its Unprecedented Growth with the Acquisition of Progressive Wire

 

NewswireToday - /newswire/ - Collegeville, PA, United States, 2012/04/24 - Allied Wire & Cable finalizes the acquisition of Progressive Wire & Cable, adding three southern US locations to its network of sales and stocking facilities throughout the country - AWCwire.com.

   
 
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Allied Wire & Cable is proud to announce the acquisition of Progressive Wire & Cable, finalized on April 12, 2012. With the acquisition, Allied expands into Florida, Georgia, and Texas.

The Tampa, FL facility, Progressive’s former headquarters, is Allied’s first southern stocking location. The new warehouse allows for shorter lead times and more stock availability for Allied’s customers in the southeastern US, who had been served primarily by the PA warehouse.

Tim Flynn, CEO of Allied Wire & Cable, says “Our customers kept asking us when we were going to open a branch in the Southeast. We have answered their call. We are very excited about the expansion, which will mean even better, faster service for our customers down South.”

Allied also gains office locations in Houston, TX and Atlanta, GA. Additional sales staff in these, and the Florida facility, bring personalized service closer to home for many of Allied’s customers. The new members of the Allied team will be able to maintain the personal relationships Allied prides itself in, without sacrificing response time.

Progressive has been distributing wire and cable since 2005. With a focus on the industrial, commercial, utility, and government markets, the Progressive reps specialize in building cable, tray cable, and cordage. Allied is happy to add such great experience and product knowledge to its team of wire and cable experts, while providing Progressive’s existing customers with access to a much larger, more diverse inventory.

The acquisition is only Allied’s most recent sign of growth, finalized just a year and a half after the opening of its West Coast branch in Las Vegas, Nevada. Allied is proud of its continued growth and looks forward to serving the southern US better and faster than ever.

About Allied Wire & Cable, Supplier of Electrical Wire

Allied Wire & Cable (awcwire.com) is a family owned and operated wire and cable distributor and value-added manufacturer. Allied services many of the largest industries in the country, including the government, military, and the aerospace, automotive, and telecommunication industries. Dedicated to providing the best and most personalized service possible, Allied offers customization services, including cut and strip, printing, dyeing, striping, twisting, and more, so that customers can get their wire and cable exactly the way they need it. Allied also assigns individual sales reps to customers, providing a single point of contact to guide them through the cable buying process. Headquartered in Collegeville, PA, Allied has offices in Florida, New Hampshire, South Carolina, Tennessee, Texas, and Wisconsin, along with several warehouses across the country. In November 2010, Allied opened its newest stocking facility in Las Vegas, Nevada.

 
 
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Written by / Agency / Source: Allied Wire & Cable

 
 

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Allied Continues its Unprecedented Growth with the Acquisition of Progressive Wire

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Publisher Contact: Jessica Buck - AWCwire.com 
484-928-6700 jbuck[.]awcwire.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Allied Wire & Cable securities in any jurisdiction including any other companies listed or named in this release.

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