Do your homework before expanding your business
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last modified
10/19/2007
Brothers John and Jeff Frost saw a business opportunity in the imminent closing of Highway 40: a chance to open a branch of their electric parts company in downtown St. Louis. The owners of Maryland Heights-based Frost Electric Supply needed a way to deliver electric parts to contractors and other clients working in the city, especially once the highway is closed. A warehouse in the city was the answer, President John Frost said. Within the last year, the brothers scouted downtown buildings and found a 15,000-square-foot space on Walnut Place. The branch, which cost $1.5 million for the building and its renovations, opened in September, and it's already helping clients, John Frost said.
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