M&I Electric

What M&I Electric does

M&I Electric, LLC is a US-based manufacturer of engineered-to-order power distribution and power conversion equipment for the global energy industry. Founded in 1946 and headquartered in Beaumont, Texas, the company operates as part of the Myers Power Products group of companies, with a satellite sales office in Houston, Texas. Its product portfolio spans low voltage switchgear (up to 690VAC), medium voltage switchgear (metal clad through 15kV, metal enclosed through 38kV), the patent-pending IntelliSafe arc-resistant switchgear line, low and medium voltage bus duct, factory-fabricated power distribution centers (PDCs), and AC/DC drive systems including the M&I eDrive AC drive and Hill Hayes analog DC drive lines. The company complements its hardware with an automation suite — DrillAssist auto-drillers, drilling automation systems, ballast control, the Machinery Plant Control and Monitoring System (MPCMS) with thousands of monitoring points, CCTV systems, and vessel security systems — built on PLC and touch-screen control platforms.

The company monetizes through engineered-to-order hardware sales (with individual project values ranging from $5,000 to several million dollars), supplemented by recurring services including start-up and commissioning, preventive maintenance, spare parts programs based on 65+ years of aftermarket service data, electrical construction, and 24/7/365 technical field support. It sells predominantly through a direct enterprise field-sales motion into Oil & Gas (upstream, midstream, downstream), Power Generation and Distribution, Marine, and Industrial segments, with named customers including the US Navy (Littoral Combat Ships), US Coast Guard (USCGC Mackinaw), NYC Department of Transportation (Staten Island Ferries), and major offshore drilling contractors such as Diamond Offshore, Transocean, and Cal Dive International. Manufacturing is performed at the Beaumont facility, which the company indicates sits within a broader ISO 9001:2015-certified footprint of nearly one million square feet of manufacturing space across the Myers Power Products group.

Name

M&I Electric

Legal name

M&I Electric, LLC

Website

https://mielectric.com

Company type

Private

Founded year

1946

Operating status

Operating

Short description

M&I Electric, LLC is a Beaumont, Texas-based manufacturer of engineered-to-order low and medium voltage switchgear, power conversion drives, and marine/drilling automation systems, serving oil & gas, power generation, marine, and government customers as part of the Myers Power Products group.

Ownership category

akta.pro rank

Product category

Power Distribution Equipment

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314), Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (3353)

SIC

Switchgear & Switchboard Apparatus (3613), Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA)

akta.pro secondary industries

Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK), Integrated Marine Electrical Systems & Switchboards (IMAJAJAA), Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF), Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components (EUADACAH), AC-DC Power Supplies (Industrial PSUs, DIN-rail, enclosed/open-frame) (IMAGADAA)

Keywords

• Power distribution equipment
• Medium voltage switchgear
• Arc-resistant switchgear
• Drilling automation systems
• Electrical field services

Headquarters

HQ city

Beaumont

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Power Distribution Equipment Sales: Sale of engineered-to-order and standard medium and low voltage power distribution equipment including switchgear, bus duct, and power distribution centers (PDCs). Products are custom-manufactured to customer specifications.
2. Power Conversion Systems: Sale of AC drives, digital DC drives, and analog DC drives (Hill Hayes) for drilling and industrial applications.
3. Automation Systems and Products: Sale of automation products including DrillAssist, ballast control systems, MPCMS, CCTV systems, and vessel security systems for marine and industrial applications.
4. Technical Field Services: Professional services including power generation electrical system acceptance testing, startup services, preventive maintenance, repair services, and substation/power delivery testing.
5. Spare Parts Programs: Sale of spare and replacement parts for installed equipment. Includes both scheduled spare parts programs based on 65+ years of aftermarket service experience and on-demand replacement parts with 24/7/365 customer support.
6. Electrical Construction Services: Industrial and marine electrical construction services including lump sum and time & material contracts, turnarounds, maintenance, and startups. Projects range from $5,000 to several million dollars.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

M&I Electric manufactures engineered-to-order and standard medium and low voltage power distribution equipment — including switchgear, bus duct, and power distribution centers — along with AC and DC power conversion drives and marine/industrial automation systems (DrillAssist, ballast control, MPCMS, CCTV, vessel security). The company complements this hardware portfolio with comprehensive technical field services spanning start-up and commissioning, preventive maintenance, spare parts programs, and electrical construction for the global energy industry.

Product overview

M&I Electric is a manufacturer of engineered-to-order power distribution and power conversion equipment for the global energy industry. The product portfolio consists of three main categories: (1) Power Distribution Equipment including Low Voltage Switchgear (up to 690VAC), Medium Voltage Switchgear (metal clad through 15kV, metal enclosed through 38kV), IntelliSafe Arc-Resistant Switchgear (up to 15kV), Bus Duct (Type LX and MX), and Power Distribution Centers; (2) Power Conversion including M&I eDrive AC Drives (up to 4000HP), Digital DC Drives, and Analog DC Drives (Hill Hayes); and (3) Automation Products including DrillAssist Auto-Driller, Drilling Automation Systems, Ballast Control and Monitoring, Machinery Plant Control and Monitoring (MPCMS), CCTV Systems, and Vessel Security Systems. These are complemented by Technical Field Services including start-up and commissioning, preventive maintenance, spare parts, electrical construction, and drilling/offshore/marine services. M&I operates as part of the Myers Power Products group with manufacturing facilities in the US.

Differentiator

Problem solved

Functional benefit

Brands

• IntelliSafe: Arc-resistant medium voltage switchgear with patent-pending safety features for industry leading safety and visibility
• DrillAssist
• DrillAssist AC Drawworks Control System
• M&I eDrive
• Digital DC Drives
• Hill Hayes

Products and services

• Low Voltage Switchgear Low voltage metal enclosed switchgear available through 690VAC, incorporating ABB, Cutler Hammer, GE, Siemens, or Merlin Gerin circuit breakers. Applications include automatic parallel generator control, PLC controls, insulated and segregated bus, and microprocessor-based protection for industrial, marine, and power generation customers.
• Medium Voltage Switchgear Metal clad and metal enclosed switchgear for medium voltage applications. Metal clad available through 4,000A utilizing EATON, ABB, GE, Siemens, and Toshiba circuit breakers; metal enclosed available for 600 and 1200 amp capacity through 38kV. Engineered for industrial, marine, and utility customers.
• IntelliSafe Arc-Resistant Switchgear Patent-pending arc-resistant medium voltage switchgear with safety features including rugged door design, door-to-breaker position interlocks, automated electrical racking, and built-in intelligence. Specifications: up to 15kV, 4000A, 50kA, two-high configuration; ANSI C37.20.7 tested Type 2B construction; KEMA certified; UL Labeled; 100% PIP Spec compliant. Designed for industrial and marine customers requiring maximum personnel protection.
• Bus Duct (Type LX and Type MX) Low voltage (Type LX) and medium voltage (Type MX) metal enclosed bus duct available in a wide range of ratings, arrangements, designs, materials, and enclosure types to meet electrical and physical requirements of electrical power systems for industrial and power generation customers.
• Power Distribution Centers (PDC) Factory fabricated power distribution centers designed for broad range of environments and industries. Available in painted galvanized steel, stainless steel, or aluminum with options including galvanized base, classified area HVAC, pressurization systems, and multiple split-piece large designs for oil and gas, power, and industrial customers.
• M&I eDrive AC Drives AC variable speed drives designed for land and offshore drilling operations and marine industries. Three-phase 6-pulse AC drives through 2000 HP; liquid cooled through 4000 HP. Built on Eaton FX9000 7th generation technology with roll-out power module design, 12 Mbps fiber optic communication, and air-cooled units from 270A to 2200A.
• Digital DC Drives Digital DC drives incorporating microprocessor technology with PLC controllers. Features include programmable regulator, ability to connect to operator interfaces including touchscreen, full four-quadrant SCR bridge, regenerative braking, electronic armature reversing, automatic field weakening, and Ethernet/local network communication for drilling and industrial customers.
• Analog DC Drives (Hill Hayes) Analog SCR drive systems and replacement parts for land and offshore rigs. Complete analog SCR systems incorporating proven technology designed to meet IEEE, ABS, SOLA, and DNV standards. Serves drilling operators needing spare and replacement analog drive equipment.
• DrillAssist Auto-Driller Advanced automatic drilling and traveling block safety system utilizing PLC and touch screen control technology. Features WOB, ROP, and Standpipe Pressure modes, crown and floor saver with kinetic energy monitoring, pit and pump monitoring, and integrated drilling control. Designed for land and offshore drilling operators.
• Drilling Automation Systems Custom-designed control systems for drilling operations including pit volume totalizer, mud pit monitor, mud pump monitor/control, BOP monitor, fluid pressure monitor, shaker table monitor, power management, fire detection, and safety systems. Built for drilling operators needing integrated rig automation.
• Ballast Control and Monitoring Systems Ballast control installation, upgrade, and repair services including touchscreen control system implementation with backup stations and system redundancies. Systems can be classed to ABS, DNV, Lloyds, or other classification societies. Designed for marine vessel operators and offshore drilling contractors.
• Machinery Plant Control and Monitoring (MPCMS) Custom-designed systems for vessels of all sizes that generate cost savings by reducing manning requirements while increasing operational awareness. Provides real-time monitoring and trending analysis for thousands of data points. Deployed on the USCGC Mackinaw (WLBB-30) with 5800+ monitoring points, achieving nearly 50% reduction in manning requirements.
• Closed Circuit Television (CCTV) Systems CCTV systems providing oversight of drawworks operation, crown view, crane view, and BOP monitoring. Enhances safety by allowing operators to monitor personnel locations and hazardous areas, with alarm triggering capabilities. Deployed on Staten Island Ferry vessels, Diamond Offshore rigs, and other marine customers.
• Vessel Security Systems Security solutions for vessels including access control, intrusion detection, CCTV monitoring, cellular phone-based systems, and enterprise grade networked security systems. Designed to meet DCID 6/9 Physical Security Standards. Deployed on US Navy TAGM-25 USNS Howard O. Lorenzen with intrusion detection and radar active alert systems.
• Technical Field Services Comprehensive technical services including power generation electrical system acceptance testing, generator tests, high and low voltage tests, maintenance contracts, preventive maintenance and repair, and substation and power delivery testing. Available as standalone services, value-add, or post-warranty support.
• Start-up and Commissioning Services Expertise to complete projects safely and on schedule using documented, repeatable procedures derived from industry best practices. Reduces likelihood of equipment failures and supports long-term reliability of electrical systems. Targets more than half of early equipment failures that can be traced to design, installation, or start-up deficiencies.
• Preventive Maintenance Services Custom designed preventive maintenance programs including transformer testing, insulating oil analysis, SF6 gas analysis, protective relay testing, breaker testing, thermographic surveys, and power cable testing and locating for power generation, industrial, and marine customers.
• Spare Parts Programs Full range of spare and replacement parts with 24/7/365 customer support. Based on 65+ years of aftermarket service experience with product-specific data on component lifespans and failure rates. Includes both scheduled spare parts programs with discounted rates when enrolled at new equipment purchase and on-demand parts with same business day emergency processing.
• Electrical Construction Industrial and marine construction services including lump sum and time and material contracts, turnarounds, maintenance, and startups. Services include low and medium voltage controls, instrumentation, cable installation, and generator controls. Projects range from $5,000 to several million dollars.
• Drilling, Offshore and Marine Services Full electrical design, installation, startup, and maintenance services on 24-hour basis worldwide. Services include SCR and AC drive systems repair and calibration, troubleshooting, technical studies, turnkey electrical installations, and generator controls for drilling contractors, offshore operators, and marine vessel customers.

Quantifiable outcome

• Nearly 50% reduction in ship manning requirements (USCGC MackinaW)
• +2 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Myers Power ProductscoreOthersM&I Electric is part of the Myers Power Products group of companies, which manufactures engineered-to-order and standard medium and low voltage power distribution equipment. Myers Power Products provides M&I with access to nearly 1 million square feet of ISO-certified manufacturing space throughout the US.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ABB: ABB is a major LV/MV switchgear, drives, and marine electrification OEM. Its ABB Ability marine and digital drive portfolios compete directly with M&I's M&I eDrive, IntelliSafe, and MPCMS integrations while its scale dwarfs M&I's specialty niche.
• Eaton: Eaton is a global LV/MV switchgear and power management major whose circuit breakers (referenced inside M&I's switchgear) compete head-on with M&I's assemblies and whose power conversion drives span similar DC/AC drive applications across oil & gas and marine.
• Rockwell Automation: Rockwell Automation (Allen-Bradley / Logix) is the dominant industrial control and PLC platform for US oil & gas and marine automation. Competes with M&I on the control-platform layer of MPCMS, ballast control, and DrillAssist systems.
• Parker Hannifin: Parker Hannifin's Drives & Motion (formerly SSD/Eurotherm) manufactures industrial DC and AC drives used in marine, drilling, and oil & gas applications, competing with M&I's Hill Hayes analog DC and Digital DC drive lines.
• Schneider Electric: Schneider Electric supplies LV/MV switchgear, motor control, and industrial automation across energy and process industries. Its EcoStruxure platform is an adjacent competitor to M&I's automation/integration work, especially in upstream and marine electrification.
• Siemens Energy: Siemens Energy manufactures MV switchgear, transformers, and grid equipment for utilities, oil & gas, and industrial customers. Comparable product overlap in switchgear and electrical houses with far broader global reach and balance sheet than M&I.

Direct peers

• Powell Industries: Powell Industries is a custom-engineered switchgear and power-control house serving oil & gas, petrochemical, utility, and industrial markets. Highly comparable to M&I Electric in engineered-to-order LV/MV switchgear and electrical houses with similar customer profile and project model.
• Pason Systems: Pason Systems is the dominant drilling instrumentation and automation vendor for North American land and offshore rigs (Pason Rig Display, Driller's Assist). A direct competitor to M&I's DrillAssist in the same drilling-automation category.
• National Oilwell Varco (NOV): NOV's drilling automation, rig instrumentation, and wellsite-power packages compete directly with M&I's DrillAssist auto-driller and drilling automation systems used by Diamond Offshore, Transocean, and similar drilling contractors.
• S&C Electric Company: S&C Electric is a privately-held specialist in medium-voltage switchgear, arc-resistant equipment, and power-quality systems for utility and industrial customers. Closely mirrors M&I's focus on engineered MV switchgear with proprietary safety features and qualification/testing rigor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/m-i-electric-llc

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about M&I Electric