News

Kriz-Davis Co. to Join Border States Electric

On August 28, 2017, Border States Electric (BSE) acquired Kriz-Davis Co., an electrical distributor headquartered in Grand Island, Nebraska. Both companies are 100 percent employee-owned through Employee Stock Ownership Plans (ESOPs).

Kriz-Davis Co. has been in business for more than 70 years. With nearly 250 employee-owners, they generate $200 million in annual sales through 19 locations (including a wholly owned subsidiary Chapman Metering) in Nebraska, Iowa, Kansas, Oklahoma, Texas and Missouri.

On August 24, 2017 Border States Electric (BSE) broke ground on a 120,000-square-foot corporate headquarters building at the intersection of I-29 and I-94 in Fargo, North Dakota.

BSE supplies products and services to construction, industrial and utility customers. The 100 percent employee-owned company is ranked the seventh largest electrical distributor in North America by Electrical Wholesaling magazine. With the addition of Kriz-Davis Co., BSE has approximately 2,500 employee-owners in 111 branches across 20 states. Corporate headquarters are in Fargo, North Dakota.

People News

Management Appointment -- February 2016

Kriz-Davis Co. is pleased to announce that Randy Spaulding has been appointed as the Division Manager for our Joplin, Pittsburg, Nevada, and Grove locations. Randy has over 25 years of experience in our industry as a master electrician and contractor. He has also held sales positions with Russell Belden and most recently in an outside sales role with Kriz-Davis Co. since RBE joined our company in 2013. Randy’s experience and work ethic lends him well in his new role. Congratulations to Randy on his promotion!

Kriz-Davis Co. Opens New Branch in Kansas City

Kriz-Davis Co., headquartered in Grand Island, Neb., will open a new branch in Kansas City, Kan. in an industrial park within the Fairfax District in Wyandotte County. This will be the 18th full-line stocking location for the organization, which is expected to open in the May or June timeframe.

The new facility will allow Kriz-Davis to expand their geographic footprint for development of a new customer base as well as to better serve existing customers with a physical presence in the Kansas City area. The 17,000 square foot facility will house counter sales, a training center, and offer a local daily delivery service. In addition to his division manager duties in St. Joseph, Ted Myers will oversee management of the branch serving the contractor, utility, industrial and commercial/institutional markets.

“We are excited to invest in and bring our service offerings to the Kansas City area. Our new location compliments our strategic plan and will allow us to grow with our customers in this market for many years to come,” said Tim Berry, President & CEO of Kriz-Davis Co.

Kriz-Davis Co. is a 100 percent employee owned, full line electrical distributor with 17 locations across 6 states in the Midwest. Since 1945 they have served the electrical utilities, industrial/automation, and the electrical contractor markets. Kriz-Davis Co. is a member of Affiliated Distributors and partners with quality electrical manufacturers to bring value to their customers.

Kriz-Davis Co. Acquires Chapman Metering LLC

Kriz-Davis Co. has entered into an agreement to acquire Chapman Metering, LLC in Avoca, IA from Western Ventures, Inc. a subsidiary of Nishnabotna Electric Cooperative in Harlan, IA and Larry Chapman. The closing date for this acquisition will be April 1, 2015. Chapman Metering, LLC currently employs 17 employees.

The company will continue to operate as Chapman Metering, LLC and will be a division of and a wholly owned subsidiary of Kriz-Davis Co. with the current leadership, headed up by Larry Chapman, remaining in place. It will draw upon the various resources and benefits Kriz-Davis is able to offer, including the employees becoming a part of the employee stock ownership plan (ESOP). There will also be expanded services available into the future as a part of the agreement.

Chapman Metering was established 55 years ago by Lawrence A. Chapman as a watt-hour meter testing service and has grown to provide services in the public power market to over 500 clients in 17 different states with more than 100,000 meters serviced per year. Today, the company is regarded as one of the premier service providers in the utility metering industry.

“This is an exciting time for Chapman Metering. With this change, our company is now positioned to offer more extensive services than we ever have and will remain successful for many years to come,” said Larry Chapman, general manager of Chapman Metering LLC. “Our current and future customers will continue to enjoy the same high level of service we are committed to providing; they will just see a broader offering of services for us to meet their needs.”

Tim Berry, President & CEO of Kriz-Davis Co. said, “With our business philosophies being very closely aligned already, this is an excellent opportunity for both companies to diversify our business models and better serve our public power customers. We will immediately have an in-house solution for advanced metering infrastructure (AMI) deployments as well as other system automation offerings. With Larry’s expertise in the industry, we’ll only keep growing from there.”

Kriz-Davis Co. is a 100 percent employee owned, full line electrical distributor with 17 locations across 6 states in the Midwest. Since 1945 they have served the electrical utilities, industrial/automation, and the electrical contractor markets. Kriz-Davis Co. is a member of Affiliated Distributors and partners with quality electrical manufacturers to bring value to their customers.