6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Pacific Parts & Controls was founded in 1974 by Renek, its current president & CEO. In 1995, Pacific acquired Argo Electric Supply, Downey, CA.
'Frank Renek has run a very solid business for 25+ years,' said Bob Zamarripa, president & CEO of OneSource Distributors. 'I see the strength of both these locations over the years being their focus on the industrial and OEM customer. Pacific Parts is well known in Southern California as a source for control parts, and Argo has been in the Los Angeles and Long Beach markets serving industrials for over 50 years. We are very excited about Pacific Parts and Argo Electric joining our team.'
OneSource Distributors was founded in San Diego, CA in 1983 by Bob Zamarripa and Sr. Vice President Paul Judge. OneSource sales for 2002, including Argo Electric and Pacific Parts, are projected to be $130 million. OneSource guarantees next-day customer delivery from a $7 million inventory from a paperless bar-coded central hub warehouse. With this acquisition, OneSource will have 11 sales branches throughout Southern California, Southern Arizona and Baja California Mexico.
'Acquiring Pacific Parts and Argo Electric is a great strategic fit for us to continue to grow and expand our industrial and OEM business throughout Southern California, ' said Paul Judge, sr. vice president OneSource Distributors. Renek will remain with OneSource on a consulting basis; his specific responsibilities have yet to be determined.