Industrial Electric Inc.

What Industrial Electric Inc. does

Industrial Electric Inc. (IEI) is a full-service electrical and systems contractor founded in 2009 and headquartered in Indianapolis, Indiana, with additional offices in Bloomington, Indiana, Durham, North Carolina, and Concord, North Carolina. The company designs, builds, and services electrical systems for industrial, advanced technology, commercial, pharmaceutical, healthcare, education, and municipal water/wastewater customers, performing both design-build and bid/spec work as a self-performing contractor. Its core technical capabilities are organized around five integrated service lines: Electric Construction (power distribution, substations, lighting and controls, pre-construction, troubleshooting); Low Voltage Systems (access control, fire alarm, security, audio/video, instrumentation and start-up, testing); Telecommunications (fiber optics, structured cabling, wireless-DAS); Prefabrication (off-site assembly from a dedicated 10,000-square-foot shop producing conduit supports, panel assemblies, wall rough-ins, and wire spools); and Virtual Design & Construction / BIM (Revit, AutoCAD MEP, Navisworks, BIM 360 coordination, 3D modeling, shop drawings, clash detection).

The company monetizes primarily through project-based professional services contracts under a turnkey delivery model, supplemented by recurring service and maintenance agreements with existing clients. Go-to-market is enterprise field sales executed via competitive bid/spec procurement and direct design-build engagements, supported by referrals from affiliated construction firms (FA Wilhelm, Poynter, Freitag, RSQ Fire Protection) and a project portfolio that includes the Damien Center, Centaur Equine Specialty Hospital, Citizens Energy Group's White River North Water Treatment Plant, Marian University Alumni Hall, Wabash College Martindale Hall, the Indianapolis Marion County Public Library branches, and the 16Tech/Indiana Biosciences Research Institute building. Operating as a private, management-owned firm (President Garry Elder) with no disclosed external funding, IEI has expanded its footprint from Indiana into North Carolina while investing in lean construction practices, BIM-driven prefabrication, and a documented Culture Based Safety program recognized with two 2023 CCS safety awards.

Name

Industrial Electric Inc.

Legal name

Industrial Electric Inc.

Website

https://industelectric.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

Industrial Electric Inc. is a privately held, full-service electrical and systems contractor founded in 2009, serving industrial, pharmaceutical, advanced technology, commercial, healthcare, and municipal clients across Indiana and North Carolina with design-build, bid/spec, prefabrication, VDC/BIM, and low-voltage services.

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Electrical Equipment Manufacturing (3353), Relay and Industrial Control Manufacturing (335314)

SIC

Electrical Industrial Apparatus (3620)

akta.pro primary industry

Electrical Contracting & Wiring (IMAFALAA)

Keywords

• Electrical construction services
• Low voltage systems
• Electrical prefabrication
• Virtual design construction
• Telecommunications cabling

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Construction Services: Full-service electrical construction including new installations, design-build, bid/spec contracting, and design assistance. Services span building systems, power distribution, lighting and controls, substations, troubleshooting and repair.
2. Low Voltage Systems: Low voltage system installation including access control, fire alarm, security, audio & video, instrumentation and start-up, and testing services for commercial and industrial facilities.
3. Telecommunications Services: Telecommunications infrastructure including fiber optics, structured cabling, wireless-DAS, and telecom spaces certification for voice, data, video, and security systems.
4. Prefabrication Manufacturing: Off-site electrical assembly manufacturing delivering standardized components including conduit supports, panel assemblies, wall rough-ins, wire spools, and custom assemblies.
5. Virtual Design & Construction (VDC): BIM coordination, 3D modeling, shop drawings, and design assistance services supporting electrical construction projects.
6. Service and Maintenance Contracts: Ongoing service, emergency maintenance, warranty calls, and preventative maintenance programs for key customers covering lighting, power, automation, fire, access, and telecommunication systems.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Industrial Electric Inc. is a full-service electrical and systems contractor that delivers electrical construction, low-voltage and telecommunications systems, off-site electrical prefabrication, and VDC/BIM pre-construction services. It serves industrial, commercial, pharmaceutical, and advanced-technology facility projects, taking projects from pre-construction modeling through installation and commissioning as a single electrical trade partner.

Product overview

Industrial Electric Inc. is a full-service electrical and systems contractor offering five integrated service lines: Electric Construction, Low Voltage Systems, Telecommunications, Prefabrication, and Virtual Design & Construction (VDC). The company performs design-build and bid/spec electrical contracting for industrial, commercial, and pharmaceutical markets throughout Indiana. Electric Construction serves as the core offering covering building systems, power distribution, and substations. Low Voltage Systems provides access control, fire alarm, security, and AV services. Telecommunications handles fiber optics, structured cabling, and wireless DAS. Prefabrication delivers off-site manufactured electrical assemblies from a dedicated shop. VDC supports all services with BIM coordination, 3D modeling, and shop drawings. These services are offered both independently and as an integrated turnkey solution.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Construction Self-performed electrical construction for industrial, commercial, pharmaceutical, and advanced-technology facilities, covering power distribution, lighting, and electrical system installation as a contracted scope on new-build, expansion, and upgrade projects.
• Low Voltage Systems Installation of low-voltage building systems for commercial, industrial, and advanced-technology facilities, delivered as part of the company's integrated electrical scope.
• Telommunications Cabling Structured telecommunications cabling installation for commercial, industrial, pharmaceutical, and advanced-technology facilities, delivered within the company's bundled electrical and low-voltage scope.
• Electrical Prefabrication Off-site prefabrication of electrical assemblies, racks, and modular components in a controlled shop environment, intended to improve quality and schedule predictability before delivery and field installation.
• VDC / BIM Pre-Construction Services Virtual Design and Construction (VDC) and Building Information Modeling (BIM) pre-construction services supporting electrical project coordination, clash detection, and pre-build modeling for industrial, commercial, pharmaceutical, and advanced-technology facilities.

Named customers11 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• FA WilhelmcoreChannel Partner/ Reseller/ DistributorAffiliated construction company providing seamless communication and shared interests for complex projects involving multiple subcontractors. Collaboration enables cost-effectiveness and fewer on-site issues.
• Poynter (Sheet Metal)coreChannel Partner/ Reseller/ DistributorAffiliated sheet metal company supporting complex construction projects with coordinated service delivery.
• FreitagcoreChannel Partner/ Reseller/ DistributorAffiliated construction company partner for coordinated project delivery on complex builds.
• RSQ Fire ProtectioncoreChannel Partner/ Reseller/ DistributorAffiliated fire protection contractor enabling comprehensive building systems installation.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• MYR Group: NADSC-listed (MYRG) parent of specialty electrical construction subsidiaries (e.g., Sturgeon Electric, MYR Energy) serving commercial, industrial, and utility markets; a broader incumbent covering a similar core electrical contracting franchise but at national scale.
• IES Holdings: NADSC-listed (IESC) provider of electrical and mechanical infrastructure solutions for commercial, industrial, and data center markets; comparable services including design-build, prefab, and ongoing service contracts.
• EMCOR Group: NYSE-listed (EME) facilities and electrical services provider with mechanical and electrical construction plus service contracts across commercial, industrial, healthcare, and pharma — overlapping with IEI's regulated-vertical mix but operating nationally at much larger scale.

Direct peers

• Helix Electric: Mid-sized US electrical contractor with self-perform electrical construction, prefabrication, and BIM/VDC services across commercial, industrial, and healthcare markets — directly comparable size, service mix, and tech-enabled delivery model to IEI.
• Walker Engineering: Texas-based commercial/industrial electrical contractor offering design-build, preconstruction, prefab, and 24/7 service — comparable service mix and customer verticals to IEI though operating in a different geographic region.
• Cache Valley Electric: Intermountain West electrical contractor providing commercial, industrial, and technology/infrastructure electrical construction with prefab and design-build capabilities — comparable multi-vertical, multi-service contractor profile.
• Faith Technologies: National electrical contractor with dedicated prefab manufacturing centers, design-build/VDC services, and a strong safety culture; serves commercial, industrial, healthcare, and mission-critical customers with a closely overlapping service portfolio to IEI.
• MMR Group: Employee-owned electrical and instrumentation contractor serving industrial, petrochemical, power, and commercial markets with self-perform construction and prefab — strong overlap with IEI's industrial, instrumentation, and process-control work.
• Rosendin Electric: Large employee-owned electrical contractor offering construction, prefab, BIM/VDC, and low-voltage/telecom across commercial, industrial, healthcare, and renewable markets — same five-service-line structure as IEI but at significantly larger scale.

Regional players

• O'Connell Electric: Upstate New York electrical contractor with industrial, commercial, and utility work including substation, instrumentation, and design-build; similar mid-sized regional contractor profile with overlapping industrial services though operating in a different primary geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/industrial-electric-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Industrial Electric Inc.