The Company is a provider of electrical construction products and electrical and industrial maintenance, repair and operating supplies in the United States, Canada, Mexico, Guam, the United Kingdom, Nigeria, United Arab Emirates and Singapore.
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Reading through Wesco's 10-K, one can see how committed the company is to reducing costs. According to Buffett, reducing costs is especially important to a commodity business like Wesco. Cost reduction appears to have paid off for Wesco, as its return on equity (ttm) is over 30 percent -- a very impressive number. Wesco's 10-K also reveals why this company also has a lot of room for growth. This company is a good long-term buy.