FARGO, N.D. – On Aug. 28, 2017, Border States acquired Kriz-Davis Co., an electrical distributor headquartered in Grand Island, NE. Both companies are 100 percent employee-owned through employee stock ownership plans (ESOP).
Kriz-Davis Co. has been in business for more than 70 years. With nearly 250 employee-owners, it generates $200 million in annual sales through 19 locations (including a wholly owned subsidiary, Chapman Metering) in Nebraska, Iowa, Kansas, Oklahoma, Texas and Missouri.
About Border States
Border States 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., Border States has approximately 2,500 employee-owners in 111 branches across 20 states. The company recently broke ground on its new Branch Support Center headquarters, which will remain in Fargo.