September 26, 2018– Abbott Electric, a family-owned electrical contractor headquartered in Canton, Ohio, today announced the acquisition of S & L Electric, a third-generation, family-owned electrical contractor formerly known as Spring Electric.
Abbott Electric, founded in 1978, will assume ownership beginning October 1. Effective that date, all union electricians employed by S & L will continue their employment with Abbott Electric. Joe Manko, S & L’s estimator will also move to Abbott Electric and retain that position. Fritz Spring, former CEO of S & L, will continue in sales and estimating on behalf of Abbott Electric.
No union or management jobs will be lost due to the acquisition.
“We’ve long admired the quality of work and the operations of S & L Electric,” said Mike Abbott, president of Abbott Electric. “To bring their employees and experience to bear for our customers makes us an even stronger company moving forward.”
“Customers will be well-served by Abbott Electric,” said Fritz Spring, president of S & L. “We’ll finish the jobs we have in progress as S & L and then all new work will be completed by Abbott Electric. Our customers will gain from their experience and expertise.”
ABOUT ABBOTT ELECTRIC
Jim Abbott founded Abbott Electric in 1978 and the company is now in its second generation of family leadership. The company provides a complete array of commercial, industrial and residential electrical services throughout the region. Abbott also offers design-build services with its in-house engineering team. The company counts Aultman Health Foundation, Kent State University at Stark and the Pro Football Hall of Fame among its clients.