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Houston Wire & Cable Co

 
Hoover's Profile: Houston Wire & Cable Company
(NASDAQ (GM):HWCC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Houston Wire & Cable Company
10201 North Loop East
Houston, TX 77029
TX Tel. 713-609-2100
Fax 713-609-2101

Type: Public
On the web: http://www.houwire.com
Employees: 317
Employee growth: 4.3%

Houston Wire & Cable (HWC) may have a Texas name, but it can keep customers wired from Seattle to Tampa. The company is a conduit between cable manufacturers and electrical distributors and their customers. It distributes specialty (electrical and electronic) wire and cable products, such as cable terminators, fiber-optic cables, and bare copper and building wire, as well as voice, data, and premise wire. It also provides cable management services (a custom program designed for wire and cable requirements) and an asset-management program (for the development and management of inventory). HWC operates 11 regional distribution centers in 10 states and sells primarily to electrical distributors.

Key numbers for fiscal year ending December, 2008:
Sales: $360.9M
One year growth: 0.5%
Net income: $23.7M
Income growth: (21.5%)

Officers:
President, CEO, and Director: Charles A. Sorrentino
CFO, Treasurer, and Secretary: Nicol G. (Nic) Graham
Director Information Services: Marilyn J. McMahon

Competitors:
DXP Enterprises
Graybar Electric
WESCO International

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