COVID-19 UPDATE

March 17, 2020

Note to our customers from Frank Stalzer, President/CEO of VEC Supply

Dear valued customer, Our team at VEC remains dedicated to managing our business so that we may continue to serve you and avoid unnecessary disruption to our business and yours during these challenging times. We are closely monitoring the coronavirus (COVID-19) spread with the aim of preventing/minimizing impacts on our people and our business.

As our valued customer, we want you to know we greatly appreciate your business and the trust you place in VEC to supply products to you in a timely manner. We want to assure you that VEC has your business continuity interests in mind during the challenging days ahead as well as the safety of our employees.

To that point, we have made arrangements for some of our sales and purchasing people to work from home effective Monday, March 23rd. They will be able to provide you with pricing, shipping information, etc. as they do when they are in our office. You can reach a sales rep or someone in purchasing by calling their direct dial number or calling the branch number and using the automated attendant directory to be connected. All of our people will have access to emails while they are at home as well and will be able to provide the same level of service to you that they do today when they are operating from our offices.

We will also maintain a skeleton crew in all of our sales branches to support shipping and receiving so that we can keep material flowing to you, should you need it, during this challenging time.

While it is still unclear how long this current COVID-19 crisis will last, we are prepared to protect our employees and continue to provide our customers product, sales and service support in the days and weeks ahead. I am confident we will get through this challenge and life will get back to normal at some point. In the interim, we will continue to promote smart hygiene practices and ways to prevent the spread of illness (ie. handwashing, social distancing, staying home when sick) to our employees.

We will continue to monitor this important situation and will update you as things continue to evolve.

Sincerely,

Frank J. Stalzer President/CEO

VEC Supply To Aquire The Assets Of American Electronic Supply Of Georgia

February 20th, 2015

VEC Supply, a leading distributor of datacom, security & industrial automation products, based in Charlottesville, VA, today announced they have signed a definitive agreement to acquire the assets of American Electronic Supply of Georgia (AES-GA), a distributor of datacom, security, AV & CCTV products based in Suwanee, GA. The deal is expected to close by mid-March.

Under the terms of the agreement, AES-GA will close its branch in Suwanee and will transition all sales and marketing support to American Electronic Supply in Birmingham, Alabama (AES-AL). AES of Alabama became a stand-alone division of VEC Supply in August 2014 and currently supports customers in the states of Alabama, Georgia, Mississippi & Tennessee. “We’re excited to bring American Electronic Supply of GA into the VEC family. Mike Lynn and his team have built a wonderful business over the years and we plan to continue the team’s fine tradition of providing outstanding service and support to AES-GA customers and vendors”, stated Frank Stalzer, President of VEC.

VEC is headquartered in Charlottesville, VA and maintains stocking sales branches in Lynchburg, Raleigh, and Birmingham.

For more information, contact VEC Supply @ 434-296-4184

VEC Supply Acquires The Assets Of American Electronic Supply Company

Charlottesville, July 31, 2014

VEC Supply, a leading distributor of datacom, security & industrial automation products, based in Charlottesville, VA, today announced they have signed a definitive agreement to acquire the assets of American Electronic Supply Company, a distributor of datacom, security, AV & CCTV products based in
Birmingham, AL. The deal is expected to close by August 20, 2014.

Under the terms of the agreement, American Electronic Supply Company (AESC) will operate as a stand-alone division of VEC and will continue to support their existing customers in the Alabama marketplace. “We’re excited to bring American Electronic Supply into the VEC family. Ted Self and his team have
built a wonderful business over the past 33 years and we plan to continue the team’s fine tradition of providing outstanding service and support to our customers and vendors”, stated Frank Stalzer, President of VEC. “This acquisition brings our total branch count to eight and we plan to continue to
grow our business both organically and through acquisitions in the months and years ahead.”
VEC is headquartered in Charlottesville, VA and maintains stocking sales branches in Lynchburg, Raleigh, and now Birmingham.

For more information, contact VEC Supply @ 434-296-4184

VEC Supply Acquires The Assets Of Connect-It

Charlottesville, May 27, 2014

VEC, LLC, a leading distributor of datacom, security & industrial automation products, today announced they have signed a definitive agreement to acquire the assets of Connect-It, a datacom products and custom cable provider based in Raleigh, NC. The deal is expected to close the first week in June.
Under the terms of the agreement, Connect-It will operate as a stand-alone division of VEC and will continue to support their customer base of end users, contractors, installers, schools and municipalities in the Raleigh marketplace. “We believe this is an excellent add-on to the VEC business, bringing us a strong customer base and knowledgeable employees to support our sales growth”, stated Frank Stalzer, President/CEO of VEC. “VEC already has a successful branch in the Raleigh market supporting contractors and installers so we plan to keep these two branches separate, allowing each of them to provide greater focus to their respective end markets. Our overall goal is to continue to build our business organically and through acquisitions and this latest move brings our number of branch locations to seven.”

VEC is headquartered in Charlottesville, VA and maintains stocking sales branches in Lynchburg, and Raleigh, NC.

Virginia Electronic Components (VEC, LLC) acquires Morris Automation Group

Charlottesville, October 8, 2012

VEC Supply, a leading distributor of electronic components and services, serving the datacom, industrial automation, security, access control, and OEM markets, today announced the acquisition of industrial automation specialist Morris Automation Group, of Roanoke, Va. Under the terms of the agreement, Morris Automation will operate as a stand-alone division of VEC and will continue to support the industrial automation marketplace. “We believe this is an excellent add-on to the VEC business bringing us some new world-class product lines and a strong customer base of industrial accounts”, stated Frank Stalzer, President of VEC. “Our goal is to continue to build our business organically and through acquisitions and this latest move brings our number of branch locations to four.” VEC is headquartered in Charlottesville, Va. and maintains stocking sales branches in Lynchburg, Va.,Roanoke, Va., as well as Raleigh, NC.

Addendum – November 21, 2012 – View the article about the acquisition in this month’s Electrical Wholesaling

Frank Stalzer appointed President of VEC Supply

Charlottesville, December 3, 2011

VEC Supply, a leading distributor of electronic components and services, serving the voice and data, telecom, security, access control, factory automation and OEM markets, today announced the appointment of Frank Stalzer to the position of President, effective January 1, 2012.  VEC’s current President,  Ed Stalzer,  a second cousin to Frank, will remain with the company through the end of 2011 and help insure a smooth transition.  Thereafter, he will carry the title of President Emeritus, and will serve in an advisory capacity through 2012.

Frank Stalzer comes to VEC with over 30 years of distribution experience in the electronics industry and has held executive level positions at  Arrow Electronics, Richey Electronics and Peerless Electronics. Most recently, Mr. Stalzer was President & CEO of Astrex Electronics, a distributor of electronic interconnect products serving the industrial and military market places.   A native of Long Island, NY, Mr. Stalzer has recently relocated with his family to Charlottesville, Va to assume this new role.  A 1980 graduate of New York Institute of Technology with a B.S. degree, Stalzer also attended the Harvard Business School’s  General Management Program in 2001.

“I’m excited about the opportunity to play a leadership role in the future of VEC.  The VEC team has built a very successful company over the past few years and we are well positioned to take our company to the next level”, said Frank Stalzer.  He went on to state that in addition to organic growth, he believes there are opportunities for further geographic expansion, as well as for possible strategic  acquisitions.  “Our financial backers continue to invest in our company and are very excited about our new growth plans.”