QUOTE AND NEWS
Red Orbit  Nov 12  Comment 
Churches around the world have been challenged to let their bells ring out during the Copenhagen climate change summit on December 13 in order to highlight the need for action on global climate change.“Churches around the world are trying to...
Stock Blog Hub  Oct 27  Comment 
WESCO International (WCC) announced third-quarter earnings that exceeded the Zacks Consensus Estimate by 22 cents. Revenue Revenue for the period was $1.15 billion, down 0.6% sequentially and 29.2% year over year. Excluding the impact of...
StreetInsider.com  Oct 22  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Wesco+International+%28WCC%29+Reports+Q3+EPS+of+%240.63/5036147.html for the full story.
PR Newswire  Oct 22  Comment 
PITTSBURGH, Oct. 22 /PRNewswire-FirstCall/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of electrical MRO products, construction materials, and advanced integrated supply procurement outsourcing services, today announced its 2009
PR Newswire  Oct 7  Comment 
PITTSBURGH, Oct. 7 /PRNewswire-FirstCall/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of electrical MRO products, construction materials and advanced integrated supply procurement outsourcing services, will announce third quarter
PR Newswire  Sep 17  Comment 
RESTON, Virginia, September 17 /PRNewswire/ -- WCC Smart Search & Match, a leading provider of ELISE ID, the platform for multi-modal fusion, today announced that it has been selected by a large electoral state to power identity matching for their
StreetInsider.com  Sep 11  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Barclays+Upgrades+WESCO+International+%28WCC%29+to+Overweight+/4937245.html for the full story.
PR Newswire  Sep 10  Comment 
UTRECHT, The Netherlands, September 10 /PRNewswire/ -- - Powerful Multi-Modal Fusion Platform Powers Privacy-Enhancing Biometric Technology WCC Smart Search & Match, a leading provider of high-performance search and match software, today announced
Motley Fool  Sep 9  Comment 
Check out these newly minted five-star stocks.
TheStreet.com  Aug 18  Comment 
Medicis Pharmaceuticals, Amazon and the VIX index were the focus of investors in options trading yesterday.
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WCC AT A GLANCE
 
 
 
 
 
 
 
 

WESCO International, Inc. (WCC) is one of the largest suppliers and distributors of electrical construction products in the United States. This was an $83 billion market in 2004, with an average growth rate of 5% over the 19 preceding years. Products in the electrical construction distribution market are sold to industrial, electrical contractor, utility, commercial, institutional and government customers. The market is highly fragmented, with the four largest providers accounting for just a 16% combined share. Additionally, the company is a leading provider of electrical and industrial maintenance, repair and operating (MRO) supplies. The total MRO market is currently estimated to be approximately $400 billion. WESCO has an automated electronic procurement and inventory replenishment system, which allows customers to purchase a wide range of products from a single source. Management has leveraged this capability of penetrating the integrated supply sub-segment of the MRO market, which has been doubling every five years.

WESCO's products can be broadly classified into Lighting (lamps, fixtures, ballasts and lighting controls), Distribution Equipment (circuit breakers, transformers, switchgear, busway wire, cables and conduits), Control and Automation Equipment (industrial computers and controllers, man-machine interfaces, safety equipment and motor control centers), and Data Communication Products (wires, cables, terminals, connectors, hubs and routers). It also offers supplies like batteries, fuses, safety equipment, ladders, tools and tape, among others. The company procures over a million products from more than 24,000 suppliers. The 10 largest suppliers provided 33% of WCC's total purchases in 2006, of which Eaton Corporation alone accounted for 12%. In addition to products (hard items) and supplies (consumable items), WESCO provides related services in the form of national account programs, integrated supply programs and major construction project programs. Currently, over 350 of the fortune 500 companies are on national account programs.

Products are sold through a sales force and support staff of approximately 2,600 located at its 400 branches. There are 340 branches within the United States, 50 in Canada, and the remainder in other countries. WESCO's customers are spread across multiple end markets. Industrial customers, especially in manufacturing and process industries, as well as OEMs, contributed 42% of fiscal year 2006 revenue. Electrical contractors were the second largest group, comprising roughly 34% utility companies generated around 17% and commercial, institutional and government (CIG) customers accounted for the balance. The company has over 110,000 customers spread across 48 U.S. states, nine Canadian provinces, Puerto Rico, Mexico, Guam, the U.K., Nigeria and Singapore. In 2006, approximately 87% of revenue was generated in the U.S. (up 20.3%), 11% in Canada (up 19.9%), while the remainder came from other foreign countries (up 25.2%).




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