Crescent Electric Agrees to Buy Stoneway Electric - Modern Distribution Management

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Crescent Electric Agrees to Buy Stoneway Electric

Stoneway will continue to operate under its existing name from its headquarters in Spokane, WA.
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Crescent Electric Supply Company, East Dubuque, IL, has agreed to acquire Stoneway Electric Supply, Spokane, WA. Stoneway had sales of $130 million in 2011.

With approximately 210 employees, Stoneway serves contractor, industrial and government customers from 16 stocking branches in Washington, Idaho and Oregon.

Stoneway Electric will continue to operate under the Stoneway name from its current Spokane headquarters.

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