Press » North Coast Electric Aquires Alexander's Contractor Lighting
North Coast Electric Company Acquires Alexander's Contractor Lighting
APRIL 2004
BELLEVUE, WA - North Coast Electric Company announced on January 15, 2004 the acquisition of Alexander's Contractor Lighting. Alexanders's Contractor Lighting is a lighting showroom, designer and builders lighting company located in the Ballard area of Seattle.
"The acquisition of Alexanders's Contractor Lighting comes at a point in time where we are expanding our markets. Recently, we have launched a Tool Division and have been expanding our Commercial Market Division," said Pete Lemman, President of North Coast Electric, adding that "with the acquisition of Alexander's, we are excited to go forward with plans to expand our Seattle location by remodeling to include a lighting showroom and design area."
Alexander's Contractor Lighting was founded in 1994 and does business in the Puget Sound and Eastern Washington with revenues of $5 million a year and 24 employees. They supply a variety of lighting products for residential, multi- family and commercial applications and have a lighting showroom in Ballard.
Phil Alexander, founder of Alexanders's Contractor Lighting, along with the other minority owners will stay with the company and are excited about the growth opportunities the new association brings them. "We will be working with Phil Alexander to expand Alexander's much faster than they could have accomplished on their own," said Lemman.
North Coast Electric is consistently ranked in the top 25 electrical distributors by Electrical Wholesaling and in the top 100 privately held companies in the Puget Sound by the Puget Sound Business Journal. North Coast Electric is a family-owned and operated full line electrical distributor headquartered in Bellevue, WA with 25 Service Centers across the Pacific Northwest, Alaska and Arizona with reported revenues of $205 million in 2003.
