Buckles-Smith Electric Acquires Plough Electric
May 23, 2013
San Francisco, CA – May 23rd, 2013 – On Friday, May 17th, 2013, Buckles-Smith Electric acquired Plough Electric Supply of San Francisco. Both companies were founded in 1939 and have a focus of serving industrial customers of Northern California. Plough has built a successful business on the same values as Buckles-Smith Electric, particularly on solution selling and putting customers first. The acquisition strengthens Buckles-Smith’s position as the leading independent distributor in Northern California serving the industrial OEM and end user markets, and it gives Buckles-Smith a much desired physical presence in San Francisco.
Buckles-Smith will initially operate its new San Francisco service center as Plough Electric Supply, a Buckles-Smith company. It is the company’s intent to build on the strength and relationships Plough has established with its customers with the full support and resources available from Buckles-Smith. Through all of the noise of national chains and foreign consolidators, this acquisition builds on Buckles-Smith’s vision to be the best source for electrical supplies for its customers in Northern California.
Founded in San Jose in 1939, Buckles-Smith Electric is the premier, independent electrical distributor in Northern California. Located throughout the San Francisco Bay Area, East Bay and North Bay, Buckles-Smith provides its customers with broad local inventory, next day delivery/same day pick-up, technical support, training seminars, inventory management and ecommerce services.