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In The News:

EIS Acquires Seacoast Electric

EIS Inc., Atlanta, GA, a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired the assets of Seacoast Electric Company Inc.

Headquartered in Hawthorne, NY, Seacoast has distribution locations in Virginia, Texas and California, serving the marine and oil and gas markets with shipboard and offshore cables and electrical equipment. Seacoast will operate as a separate division of EIS.

"This acquisition is consistent with our strategy to grow our current wire and cable business into targeted adjacent markets," said Bob Thomas, president and CEO of EIS.

EIS is a North American distributor of process materials, production supplies, industrial MRO and value added fabricated parts.

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