Krum, Texas — According to state and local economic development sources CoServ Electric plans to invest $15,000,000.00 to build out 98,000 square feet of new space in Krum. The company plans to occupy the new space at 13759 West US 380 in Krum, on or about July 1, 2025. According to the company website CoServ is an electric and gas distribution company serving North Texas since 1937. Doing business as CoServ Electric since 1998, we now have over 11,253 miles of electric infrastructure serving more than 264,000 meters across Denton, Collin, Cooke, Grayson, Tarrant and Wise counties. Our natural gas affiliate, CoServ Gas, was established in 1998 and serves more than 137,000 gas meters in Denton, Collin and Kaufman counties. CoServ’s Mission is to deliver excellent service to our Members and Customers by providing safe and reliable energy solutions. CoServ’s Vision is to be a respected leader dedicated to implementing innovative ideas that fulfill the needs of those we serve.

To learn more about CoServ Electric, visit http://www.coserv.com/

Company Contact:
Donnie Clary, Chief Executive Officer
dclary@coserv.com
https://www.linkedin.com/in/donnie-clary-cpa-28b59314/
940-321-7800

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