In July 2019, Price Electric of Robins entered the Corridor’s south end after agreeing to purchase Homewood Electric of Iowa City.
Price Electric expects to complete the deal by the end of this month. The company plans to retain the Homewood Electric brand as a division of Price Electric.
Homewood Electric was formerly owned by Michael Homewood, who bought the company in 1982 when his father retired. The company’s 30 employees have joined 142 Price Electric employees in Cedar Rapids, Manchester, and Des Moines.