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2013 Top 25 Electrical Distributors

25. Van Meter Inc. - Top Electrical Distributors

Company Profile

Van Meter Inc.

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Headquarters: Cedar Rapids, IA
2012 Revenues: $226.2 million
Change in Sales from 2011: 9.6%
Employees: 370
Locations: 12
Key Executives: Kevin Powell, president; Mike Gassmann, chief growth officer; Lura McBride, COO; Mick Slinger, CFO

Even with nearly 10 percent growth in 2012, Van Meter Inc. continues to see "hesitancy" in many of its markets, according to Chief Growth Officer Mike Gassmann. But the company has seen strong results in all of its segments.

The distributor joined with 10 other electrical distributors in June 2012 to form EDGE Investment Partners LLC. EDGE (Electrical Distribution Global Enterprise) was formed to build a network of distribution company partners outside of North America.

In 2013, Van Meter was selected as the first Blue Zones Worksite in Sioux City, IA. Van Meter Inc. completed designation criteria in the areas of leadership, purpose, habitat and physical environment, engagement and creation of social networks, policies and benefits, and well-being solutions. The Blue Zones Project is a community-by-community well-being improvement initiative designed to make healthy choices easier through permanent changes to environment, policy, and social networks. 

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