Most Admired Companies list. In 2013, Graybar finished the year with net sales of $5.7 billion and net income of $81.1 million. Sales for 2014 were $6 billion, with net income of $87.4 million. Sales in 2015 hit a record $6.1 billion, with record net income of $91.1 million. In 2015, Graybar also acquired Advantage Industrial Automation in Duluth, Georgia. Graybar is an independent distributor and is still one of the largest employee-owned companies in the United States. In 2017, Graybar started an innovation lab in Champaign - Illinois. Graybar’s Innovation Lab (iLab) sits at the intersection of industry and academia. The iLab is located in Research Park—a diverse ecosystem of other Fortune 500 companies, small to medium size firms, and a vibrant start-up community—on the campus of the University of Illinois at Urbana-Champaign (UIUC). See also Graybar Electric Company Building (Detroit, Michigan) Notes References The Graybar Story, by Graybar Electric Company, Inc., March 2005 External links Graybar Home Page Companies based in St. Louis County, Missouri Companies established in 1869 Employee-owned companies of the United States Privately held companies based in Missouri Industrial supply companies 1869 establishments in Ohio