The Tennessee Team

Vaughn Electric acquires Tennessee Electric Motor Co.

Vaughn Electric Co., Inc., of Union City, Tenn., has acquired Tennessee Electric Motor Co., of Nashville, the companies announced Wednesday in a press release. Both companies have long histories in the state and offer a range of services beyond core expertise in electric motor repair.

Tennessee Electric, the acquired company residing in the state capital, boasts over 80 years in the business, founded in 1936. With an emphasis on central Tennessee, the company provides repairs through 2500 horsepower, as well as engineered solutions for customer specifications. TEM is an authorized EASA service shop and recently moved into a new, 22,000 square foot facility harboring a stock of new motors, controls, and VFDs. Its staff includes over 300 years of combined experience, per the company’s website.

Vaughn Electric Company's motor testing center at the original shop location in Union City, Tenn.—Vaughn Electric photo

Vaughn Electric Company’s motor testing center at the original shop location in Union City, Tenn.—Vaughn Electric photo

Vaughn carries a history of expansion and regional networking augmented by this acquisition. The multi-state regional supplier of motor repair, field service, electrical contracting and crane services purchased a second location in Cape Girardeau, Mo. (formerly Kagmo Motor Co.) in 2005, and now has TEM’s Nashville location as a third. The original Vaughn location in Union City dates back to 1949, when it was Bishop & Vaughn and had a total of three employees. That facility has since been expanded three times and Vaughn now has 42 employees.

Pete Smith, C&S Associates, Birmingham, Alabama acted as Advisor to the Seller. Since 1981, C&S Associates has provided Business Valuations and M&A Advisory Services to companies engaged in electrical and mechanical apparatus repair and service throughout the United States.

Advertisements

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: