Graybar Electric Net Worth is5.38 $Billion
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Type: Private company/Employee-Owned
Company Slogan: Works to Your Advantage
Foundation: 1869
Founder: Elisha Gray and Enos Barton
Location City: St. Louis, Missouri
Location Country: United States/
Locations: 240
Key People: Kathleen M. Mazzarella, President and CEO
Num Employees: 7,400
Revenue: {{profit}}$5.4 billion United States dollar
Industry: Distribution
Products: electronic, communications, and data instruments & controls
Homepage: [http://www.graybar.com/ www.graybar.com]
Graybar is a wholesale distribution business, included on the Fortune 500 list of the largest United States corporations. Founded in Cleveland, Ohio in 1869, the company is currently based in St. Louis, Missouri. Graybar is a distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services.

During the post-Civil War Reconstruction era, an Entrepreneur named Enos Barton (who had served as a telegrapher during the war) worked for Western Union in Rochester, New York. During this period, Barton met George Shawk, the foreman of the company's Cleveland, Ohio shop. When that shop was closed down, Shawk bought some of the equipment and went into business for himself, making various kinds of electrical and other apparatus, including inventor's models. While on a trip to Rochester, he and Barton, who was then 26, agreed to go into partnership.
To raise the $400 her son needed for his share of the business venture, Barton's widowed mother mortgaged her home.
The new firm, located at 93 St. Clair St. in Cleveland, grew. In May 1869, Elisha Gray, an Oberlin College professor and inventor of telegraphic equipment, bought out Shawk's interest.
Up until then, Gray had been one of the firm's top customers. He had invented a needle annunciator for hotels and elevators, a telautograph (a machine for the electrical transmission of writing, and the telegraph answer-back call box. Gray and Barton joined forces with an investment of $2,500 each, with Gray as the senior partner. The success of the new company attracted the attention of General Anson Stager, general superintendent of the Western Union Telegraph Company. He offered to enter the business as an equal partner with Gray and Barton, providing the company's headquarters was moved from Cleveland to Chicago, Illinois. In December 1869, the company moved to 162 S. Water St., Chicago. The great Chicago Fire in 1871 came within two blocks of i

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Graybar Electric Latest News

Graybar Names Jeff Wanner District Vice President in Phoenix

Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking prod...
Posted: September 5, 2018, 5:00 pm

Graybar Electric

The Morning Consult Brand Index is an indicator of brand strength among consumers. Each Fortune 500 company receives a score based on a ratio of favorable to unfavorable impressions among U.S. adults ...
Posted: May 21, 2018, 3:28 am

Graybar Announces Leadership Changes

Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking prod...
Posted: September 28, 2018, 8:00 am
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