About WESCO International

WESCO International, Inc. (Wesco International) and its subsidiaries (collectively, ‘Wesco’) provides business-to-business distribution, logistics services and supply chain solutions. The company employs approximately 20,000 people, maintain relationships with more than 50,000 suppliers, and serve nearly 150,000 customers worldwide. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides solutions to meet customer needs across commercial and industrial businesses, contractors, government agencies, educational institutions, telecommunications providers, and utilities. The company’s value-added solutions include supply chain management, logistics and transportation, procurement, warehousing and inventory management, as well as kitting and labeling, limited assembly of products and installation enhancement. Wesco operates nearly 800 branches, warehouses and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations. Business Segments Wesco has operating segments comprising three strategic business units consisting of Electrical & Electronic Solutions (‘EES’), Communications & Security Solutions (‘CSS’) and Utility & Broadband Solutions (‘UBS’). Electrical & Electronic Solutions The EES segment, with approximately 6,800 employees supporting customers in more than 50 countries, supplies a broad range of products and solutions primarily to the construction, industrial and original equipment manufacturer (‘OEM’) markets. Construction and industrial customers include a wide array of contractors, and engineering, procurement and construction firms for industrial, infrastructure, commercial, and data and broadband communications projects. Specific applications include projects for refineries, railways, wastewater treatment facilities, data centers, security installations, offices, and modular and mobile homes. OEM customers require products used in the manufacturing of automotive, industrial, medical, transportation, marine, military and communications equipment. The product portfolio in this business includes a broad range of electrical equipment and supplies, automation and connected devices (the ‘Internet of Things’ or ‘IoT’), security, lighting, wire and cable, safety, and maintenance, repair and operating (‘MRO’) products from industry-leading manufacturing partners. The EES service portfolio includes contractor solutions to improve project execution, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions to improve safety and productivity. The EES segment operates in highly fragmented markets that include thousands of small, regional and locally-based privately owned competitors, as well as several large, multi-national companies. Communications & Security Solutions The CSS segment, with approximately 4,400 employees supporting customers in more than 50 countries, is a global leader in the network infrastructure and security markets. The network infrastructure market comprises cabling and connectivity, racks and cabinets, power, wireless, and associated products that enable network connectivity and communications in commercial buildings, and hyperscale, cloud-based and multi-tenant data centers. The security market includes video surveillance, fire and intrusion detection, access control, door locking and other solutions that create safe and smart environments for customers. Both the network infrastructure and security businesses are large, fragmented and diverse markets that include various industry groups, such as technology, finance, telecommunications service providers, transportation, education, government, healthcare and retail. CSS sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual and systems integrators. In addition to the core network infrastructure and security portfolio, CSS has a broad offering of safety and energy management solutions. CSS products are often combined with supply chain services to increase efficiency and productivity, including installation enhancement, project deployment, advisory, and IoT and digital services. Utility & Broadband Solutions The UBS segment, with approximately 2,900 employees supporting customers primarily in the U.S. and Canada, provides products and services to investor-owned utilities, public power companies, including municipalities, as well as global service providers, wireless providers, broadband operators and the contractors that service these customers. Investor-owned utility companies provide a combination of electric generation, transmission and/or distribution and are owned by investors or shareholders while public power entities are generally non-profit entities owned by their members or governed by local, state, or municipal governments. These two markets comprise the vast majority of utility customers in the U.S. and Canada. The UBS segment also includes Wesco’s integrated supply business, which provides products and services to large industrial and commercial end-users to support their MRO spend. The products sold into the utility and broadband markets include wire and cable, transformers, transmission and distribution hardware, switches, protective devices, connectors, lighting, conduit, fiber and copper cable, connectivity products, pole line hardware, racks, cabinets, safety and MRO products, and point-to-point wireless devices. UBS also offers a complete set of service solutions, including fiber project management, high and medium voltage project design and support, pre-wired meters and capacitor banks, meter testing and advanced metering infrastructure installation, personal protective equipment dielectric testing, tool repair, emergency response management, storage yard management, materials management, and logistics management to improve customer supply chain efficiencies. Business Strategy The company’s strategy, which comprises three elements: extend the company’s leading scale and value proposition; further develop the organization and the company’s culture of excellence; and digitalize and transform the business. The three elements of the company’s strategy touch every aspect of its business – from how the company adds value to its supplier partners and how the company go-to-market within its three strategic business units to how the company drives efficiency across the organization. Customers The company has a large base of nearly 150,000 active customers across commercial and industrial businesses, contractors, government agencies, educational institutions, telecommunications providers, and utilities. Services The company is a provider of services focused on energy efficiency and renewable power to reduce the company’s energy consumption and that of its customers. The company’s energy solutions business offers turnkey and retrofit solutions designed to reduce energy consumption and improve building efficiency. The company also has a team that focuses on providing technical support to installers and end-users of solar products and solutions. Geography The company sells to global customers through its network of branches, warehouses and sales offices consisting of 450 locations in the U.S., 144 in Canada, 59 in Europe and the Middle East, 51 in Central America, the Caribbean and South America, and 66 in the Asia Pacific region, which includes Australia. This includes 54 facilities that operate as regional distribution centers or large branch locations, of which 42 are located in the U.S., eight in Canada, two in Europe and two in South America. Intellectual Property The company has trademarks, patents and service marks registered with the U.S. Patent and Trademark Office and in various other countries. The ‘Wesco’ and ‘Anixter’ trademarks and service marks are registered in the U.S. and various foreign jurisdictions, and the ‘EECOL’ service mark is registered in Canada. The trademarks and service marks filed in the U.S. include, among others: ‘Wesco’ and the company’s corporate logo. History WESCO International, Inc. was founded in 1922. The company was incorporated in 1993.

Country
Industry:
Electrical Apparatus and Equipment Wiring Supplies, and Construction Materials
Founded:
1922
IPO Date:
05/12/1999
ISIN Number:
I_US95082P1057
Address:
225 West Station Square Drive, Suite 700, Pittsburgh, Pennsylvania, 15219, United States
Phone Number
412 454 2200

Key Executives

CEO:
Engel, John
CFO
Schulz, David
COO:
Porwal, Hemant