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Distribution & Logistics

Electric materials company will invest $52M in Lexington County operations

Distribution & Logistics
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A consumer-owned electric materials supplier will invest $52 million to expand its operations in Lexington County.

Cooperative Electric Energy Utility Supply Inc. purchased the 247,000-square-foot Airport Distribution Center speculative building at 1029 Colite Ave. in West Columbia from Scannell Properties, according to a news release. The new operations are expected to create 61 new jobs.

Colliers South Carolina represented Scannell and Wilson Kibler represented CEEUS in the transaction.

Established in 1974 by the S.C. Electric Cooperatives, CEEUS along with its wholly-owned subsidiary Line Equipment Sales Inc. serves electric cooperatives, municipalities, investor-owned utilities and electrical contractors across South Carolina. In addition to electrical materials, the company also offers personal protective equipment testing and a tool repair service, the release said.

“The purchase of this new warehouse and move for our corporate headquarters is a big step in the future of CEEUS and our customers,” said company president and CEO Chad Capps. “We look forward to a bright future and continued growth while helping utilities serve the families of South Carolina.”

The company plans to upfit and expand the new facility to accommodate its corporate headquarters, a new state-of-the-art test lab and a tool repair shop.

Colliers South Carolina represented Scannell and Wilson Kibler represented CEEUS in the transaction.

“The company provides an invaluable service to help meet a critical need for communities, and we look forward to seeing the boost that this expansion provides in serving that need and opportunities for local citizens,” said Central SC Alliance Chairman Matthew Shaffer.

Operations are expected to be online in the new facility by April 2024. Individuals interested in joining the CEEUS team should visit the company’s careers page.

Christina Lee Knauss is a contributing writer for SC Biz News.

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