- Based in Pittsburgh.
- Formed in 1922 as a subsidiary of another company from Pittsburgh, Westinghouse Electric Corporation.
- Bought from Westinghouse Electric Corporation by the private equity firm Clayton, Dubilier & Rice(CD&R) in 1994, then sold to The Cypress Group for $1.1 billion in 1998.
- The group formed WESCO International, Inc.
- On may 12, 1999, WESCO had its initial public offering on the New York Stock Exchange, where they sold 9.72 million shares for $18 per share, gathering $175 million.
- WESCO was named by Forbes as one of the 400 Best Big Companies in 2005, 2006, 2007 and 2009.
- 9100 employees
- 500 branches located in 18 countries
- 70,000 customers worldwide
- Fortune 500 Company
WESCO Subsidiaries
WESCO owns 23 subsidiaries around the world, the majority being in the US. It is also incredibly successful in Canada, and has subsides in 18 countries total.
No comments:
Post a Comment