Panelmatic
Panelmatic designs and manufactures custom electrical and control systems, including protection relay panels, switchgear, switchboards, and factory-built Power Distribution Centers, for Data Center, Utility, Industrial, and Renewable Energy customers across North America.
- Company typePrivate
- Founded1957
- HeadquartersFairfield, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Panelmatic does
Panelmatic, legally Panelmatic Electrical Solutions, LLC, is a U.S.-based designer and manufacturer of high-performance electrical and control systems founded in 1957 and headquartered in Houston, Texas. The company engineers protection and control relay panels, industrial control panels, medium voltage switchgear (configurable up to 38 kV, 4000 A, and 63 kA), low voltage switchboards manufactured to UL 891 (up to 4000 A), and factory-built modular solutions including Power Distribution Centers (PDCs) and Integrated Control Houses. Its two proprietary enclosure platforms—PanelSpan (steel-framed, Kynar 500 coated siding, 18–24 gauge galvalume) and PanelLock (interlocking G90 galvanized steel, optional ballistic rating)—are positioned as unique differentiators, with approximately 75% of relay panels integrated into PDCs to compress field work. End markets are Data Centers, Utility, Industrial, and Renewables (solar, wind, battery storage).
Revenue is generated through project-based hardware sales and engineering/design services, with progress payment terms applied to orders exceeding $100,000 (a 20/40/25/15 schedule tied to receipt of order, major materials, IFC drawings, and FCA shipment) and FCA point-of-shipment pricing. Distribution is direct enterprise sales, with dedicated VP-level sales coverage for the Data Center and Utility verticals and a strategic partnership with RIC Power extending the portfolio into arc-resistant switchgear. Operations span five vertically integrated manufacturing facilities across Texas (Houston, Conroe), Ohio (Brookfield, Youngstown), and British Columbia (Burnaby), with a 2025 Houston expansion adding 728,000 square feet of capacity designed for raw-steel-to-finished-building integration. Panelmatic is privately held, employs 101–250 people, and has recently taken undisclosed strategic investment to fund scaling.
Panelmatic firmographics
Firmographics- Name
- Panelmatic
- Legal name
- Panelmatic Electrical Solutions, LLC
- Website
- https://panelmatic.com
- Company type
- Private
- Founded year
- 1957
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Panelmatic designs and manufactures custom electrical and control systems, including protection relay panels, switchgear, switchboards, and factory-built Power Distribution Centers, for Data Center, Utility, Industrial, and Renewable Energy customers across North America.
- Ownership category
- akta.pro rank
Panelmatic industry classification
Industry- Product category
- Electrical Equipment Manufacturing
- NAICS
- Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314), Electrical Equipment Manufacturing (33531)
- SIC
- Switchgear & Switchboard Apparatus (3613), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Industrial Control Panels & Enclosures (Panel Building, MCCs, Integration) (IMAGABAJ)
- akta.pro secondary industries
- Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK), Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA)
Keywords
Where Panelmatic is headquartered
LocationHeadquarters
- HQ city
- Fairfield
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Panelmatic business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Electrical Equipment Manufacturing: Design and manufacture of high-performance electrical and control systems including control panels, relay panels, switchgear, and power distribution equipment. Revenue is project-based with progress payments for orders over $100,000.
- Engineering and Design Services: Engineering and design services including industrial control panels, integrated control houses, switchboards, systems integration, and field services.
- Modular Integration Solutions: Factory-built fully integrated modular solutions combining power, control, and infrastructure in prefabricated electrical buildings and integrated control houses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based pricing with progress payments |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Panelmatic product offering
Product offeringCore offering
Panelmatic designs and manufactures custom electrical, instrument, and pneumatic control panels, including relay panels, industrial control panels, medium and low voltage switchgear, power distribution centers, integrated control houses, and engineered enclosures (PanelSpan and PanelLock). The company delivers factory-built, fully integrated modular power and control systems for data center, utility, industrial, and renewable energy customers.
Product overview
Panelmatic offers a unified portfolio of high-performance electrical and control systems across multiple product lines: Relay Panels and Industrial Control Panels provide protection and control functions; Medium Voltage Switchgear (up to 38 kV) and Low Voltage Switchboards (UL 891, up to 4000 A) handle power distribution; Power Distribution Centers and Integrated Control Houses deliver factory-built modular solutions that compress commissioning timelines by up to 50%. The company uniquely provides both PanelSpan (steel-framed) and PanelLock (interlocking self-supporting) enclosure systems, giving customers flexibility for different environments. Solutions serve four vertical markets: Data Centers, Utility, Industrial, and Renewables (solar, wind, battery storage). The company operates five vertically integrated manufacturing facilities in Texas, Ohio, and British Columbia, enabling end-to-end control from raw steel processing through final assembly and testing.
Differentiator
Problem solved
Functional benefit
Products and services
- Relay Panels Precision-built protection relay panels assembled to exact customer specifications, providing protective functions such as operating breakers, disconnects, alarms, and indication. 75% of relay panels are integrated into Power Distribution Centers.
- Power Distribution Centers Factory-built, fully integrated power distribution solutions that arrive pre-assembled, wired, and tested in a controlled environment, reducing field fabrication and project risk.
- Industrial Control Panels Custom-engineered control panels supporting manufacturing, material handling, food and beverage, utilities, and other industrial processes, scalable from one-off builds to complex high-volume programs with internal controls team supporting programming, design, integration, and startups.
- Medium Voltage Switchgear Medium voltage switchgear configurable up to 38 kV, 4000 A, and 63 kA, designed to meet ANSI and IEEE standards, available in Metal-Clad, Arc-Resistant, and Metal-Enclosed constructions with withdrawable breaker options.
- Low Voltage Switchboard (UL 891) Low voltage switchboard manufactured to UL 891 standards with ratings up to 4000 A, featuring fixed-mounted breaker designs with dead-front construction and support for preferred protection and smart monitoring components.
- PanelSpan Enclosure System Steel framed enclosure system with light gauge ribbed siding and standing seam roof, featuring Kynar 500 coated siding, 18-24 gauge prefinished galvalume steel panel construction, and vinyl backed fiberglass insulation.
- PanelLock Enclosure System Interlocking self-supporting steel structure mounted on a carbon steel base with 'J' interlocking panels, 12-18 gauge G90 galvanized steel, and fiberglass batten or polyiso insulation options, with optional ballistic ratings.
- Integrated Control Houses Factory-built modular structures housing power, control, and protection equipment for streamlined data center, utility, industrial, and renewable applications.
- Renewable Energy Solutions Engineered control panels, relay panels, and integrated control houses purpose-built for solar, wind, and battery storage infrastructure, designed for harsh environments including high-heat solar fields and exposed wind corridors.
- Protection & Control Panels Precision-built panels providing protection and control functions for industrial, utility, renewable energy, and data center markets, engineered to exact specifications with disciplined wiring practices.
- Field Services On-site engineering and field services including installation, startup, and commissioning support for Panelmatic systems.
Quantifiable outcome
- Off-site prefabrication reduces field labor hours by approximately 40-60% and compresses commissioning schedules by 50%
- +2 more outcomes
Companies that use Panelmatic
Customer profileSegments4 records
Ideal customer profiles4 records
Panelmatic technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Panelmatic partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RIC PowercoreStrategic partnership through which Panelmatic now offers turnkey arc-resistant switchgear systems. The partnership expands Panelmatic's product portfolio and is supported by a dedicated Canadian manufacturing facility in Burnaby, BC producing Metal Enclosed Switchgear, Metal Clad Switchgear, and Arc Resistant Switchgear.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
Panelmatic competitors and assessment
Company assessmentDirect peers
- Powell Industries: Houston-based custom manufacturer of metal-clad and arc-resistant switchgear, power distribution centers, and integrated electrical buildings. Directly comparable to Panelmatic in product scope (MV/LV switchgear, PDCs, integrated power buildings) and core end markets of utility and industrial.
- Myers Power Products: Custom engineered power distribution switchgear, power centers, and integrated electrical equipment serving utility, industrial, and commercial markets. Closely comparable to Panelmatic in custom-engineered switchgear and modular power distribution offerings.
- RESA Power: Provider of power systems services and products including switchgear, transformer, and motor control solutions for utility, data center, and industrial customers. Comparable to Panelmatic in switchgear products and end-market overlap, with added services orientation.
- nVent Electric: Manufacturer of electrical enclosures, connection and protection solutions, and power distribution equipment serving industrial, energy, and infrastructure markets. Comparable to Panelmatic in engineered enclosures and adjacent electrical equipment offerings.
- Mersen: Global provider of electrical protection and power management solutions including switchgear, fuse, and power distribution components for industrial and renewable energy markets. Comparable to Panelmatic in switchgear-adjacent protection equipment and renewable/utility exposure.
Broad incumbents
- Eaton: Global power management major with a large electrical equipment portfolio including switchgear, switchboards, motor controls, and integrated power assemblies. Overlaps with Panelmatic's relay panels, switchgear, and PDCs across utility, data center, and industrial customers, but at vastly greater scale and breadth.
- ABB: Global electrification and automation leader producing switchgear, motor control centers, and modular power distribution systems. Directly comparable product portfolio across utility and industrial segments, with deeper R&D and international footprint than Panelmatic.
- Schneider Electric: Global energy management and automation company with extensive switchgear, panel, and power distribution offerings for utility, data center, and industrial markets. Overlaps significantly with Panelmatic's protection and control, switchgear, and integrated solutions portfolio.
- Siemens: Global industrial and infrastructure major with smart infrastructure, switchgear, and electrical equipment portfolios. Comparable to Panelmatic in MV/LV switchgear and integrated solutions serving utility, data center, and industrial customers.
- Hubbell: Diversified electrical products manufacturer including switchgear, enclosures, and power distribution components for utility and industrial markets. Overlaps with Panelmatic in enclosures and switchgear adjacencies, though with broader product breadth and longer public-market history.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Panelmatic social profiles
Digital presencePanelmatic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Panelmatic leadership team
Management profileNumber of profiles
Profiles9 records
Panelmatic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Panelmatic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Panelmatic
What does Panelmatic do?
Panelmatic designs and manufactures custom electrical, instrument, and pneumatic control panels, including relay panels, industrial control panels, medium and low voltage switchgear, power distribution centers, integrated control houses, and engineered enclosures (PanelSpan and PanelLock). The company delivers factory-built, fully integrated modular power and control systems for data center, utility, industrial, and renewable energy customers.
Is Panelmatic a public or private company?
Panelmatic is a private company. It is classified as venture growth investor backed and is currently operating.
When was Panelmatic founded?
Panelmatic was founded in 1957. It employs 101 to 250 people.
Where is Panelmatic based?
Panelmatic is headquartered in Fairfield, United States, in the North America region.
How does Panelmatic make money?
Three revenue lines are on record. Electrical Equipment Manufacturing is the primary driver. The others are engineering and Design Services and modular Integration Solutions.
Who are Panelmatic's main competitors?
Direct peers on record are Powell Industries, Myers Power Products, RESA Power, nVent Electric and Mersen. Broad incumbents are Eaton, ABB, Schneider Electric, Siemens and Hubbell.
Does Panelmatic have an API?
No public API is recorded for Panelmatic.
What industry is Panelmatic in?
Panelmatic's product category is Electrical Equipment Manufacturing. Its primary akta.pro industry code is IMAGABAJ, Industrial Control Panels & Enclosures (Panel Building, MCCs, Integration), with a secondary code of IMAHAHAK, Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation). Its NAICS code is 335313 and its SIC code is 3613.