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Bruce & Merrilees Sells Material Sales Division to Yesco
NEW CASTLE, Pa. -- Bruce & Merrilees Electric Co. today announced it has sold its material sales division to Yesco Inc. of Youngstown. The sale is effective immediately.Yesco will retain all employees of the division, assume the current location of the business, and has signed a long-term lease with the property owner, said Jay Bruce, chief operating officer of Bruce & Merrilees.The material sales division provides electrical and building materials to local electrical, HVAC, and general construction customers and is a minor division within Bruce & Merrilees. The sale will allow the company to increase its focus on its core competency of managing projects safely, on schedule and on budget, with the highest level of quality."This is a very positive move for our company," said Bruce. "It will allow Bruce & Merrilees to continue doing what we do best, which is to provide project management and installation services to our customers, and at the same time allow Yesco to provide a growth opportunity for our employees and the community."Bruce & Merrilees Electric Co. is a project management and services firm specializing in electrical installations of high voltage, industrial, commercial, teledata and heavy/highway projects."