What Olsson Industrial Electric does

Olsson Industrial Electric (OIE) is a privately held, merit-based electrical contractor for heavy industry, founded in 1986 and headquartered in Springfield, Oregon. The company operates through three integrated divisions: Olsson Industrial Electric (core electrical construction), Olsson Controls (industrial control systems design, build, and maintenance, including a UL 508 certified panel shop), and OS Engineering (electrical design and drafting services for power distribution, substations, automation, and power generation systems spanning hydro, solar, and coal). OIE serves both public and private sector clients across hydroelectric, pulp and paper, timber and forest products, utilities, and heavy industrial manufacturing, executing projects that range from substation design and station service modernizations to large-scale greenfield facility builds.

OIE monetizes exclusively through project-based professional services contracts awarded via direct engagement, competitive bidding, and RFP responses, with contract values disclosed between $3M and $300M and bonding capacity exceeding $250 million. The company is a wholly-owned subsidiary of NAES Corporation, which provides the financial backing required to bid on the largest USACE hydroelectric modernization jobs and major industrial capital projects. Notable engagements include the $300M Chester Engineered Wood Greenfield Facility for Roseburg Forest Products, $35M McNary Lock and Dam and $26M The Dalles Dam station service improvements for the US Army Corps of Engineers, and a $6.25M paper machine productivity upgrade for International Paper.

The go-to-market motion is enterprise field sales targeting prime contractor relationships with federal agencies and large industrial corporates in the Pacific Northwest and adjacent geographies. Olsson maintains a Rockwell Automation system integrator relationship with priority support and inbound referrals, and a sister-company alliance with Greenberry Industrial (also under NAES) for combined mechanical-electrical bids. The company employs more than 300 people across offices in Springfield, OR; Olympia, WA; and Richland, WA (the latter via the 2018 Garrett Electric acquisition), and has been named to Oregon Business Magazine's 100 Best Companies to Work For list for nine consecutive years.

Name

Olsson Industrial Electric

Legal name

Olsson Industrial Electric

Website

https://olssonelec.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

Olsson Industrial Electric is a privately held, merit-based industrial electrical contractor founded in 1986 in Springfield, Oregon. Operating through three divisions (Construction, Controls, Engineering), it serves hydroelectric, pulp and paper, timber, utility, and heavy industrial clients across the Pacific Northwest and select US geographies with project-based contracts.

Ownership category

akta.pro rank

Product category

Industrial Electrical Contracting

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electrical Work (1731)

akta.pro primary industry

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

akta.pro secondary industries

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG), Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI)

Keywords

• Industrial electrical contracting
• Heavy industry construction
• Controls systems integration
• Electrical engineering services
• Power distribution solutions

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Construction Services: Project-based electrical construction services for heavy industry including installation, maintenance, troubleshooting, and construction of power distribution systems, switchgear, transformers, and electrical infrastructure
2. Electrical Engineering: Engineering and design services including power distribution design, arc-flash analysis, relay protection design, system modeling, and substation design
3. Controls and Automation: Industrial control system design, programming, panel fabrication (UL 508 certified), and integration services for PLCs, HMIs, VFDs, and motor control centers

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Olsson Industrial Electric is a heavy industrial electrical contractor that provides new construction, retrofit, and maintenance electrical services for hydroelectric, pulp and paper, timber/forest products, and utility facilities. Its offering spans three integrated divisions covering electrical installation, UL 508 certified controls and automation panel fabrication, and turnkey engineering design. The firm executes large-scale shutdowns, upgrades, and emergency response engagements under lump-sum, T&M, and design-build contract structures.

Product overview

Olsson Industrial Electric is a merit-based electrical contractor for heavy industry operating as a wholly-owned subsidiary of NAES Corporation. The company operates three divisions: Olsson Industrial Electric (core electrical construction), Olsson Controls (industrial control systems with UL 508 certified panel shop), and OS Engineering (electrical engineering and design services). Together, these divisions provide comprehensive electrical construction and engineering solutions to public and private sector clients across diverse industries including pulp and paper, hydroelectric, timber and forest products, and utilities. The company specializes in power distribution design and installation, plant automation, SCADA systems, and control system programming.

Differentiator

Problem solved

Functional benefit

Brands

• Olsson Controls: In-house division of programming professionals specializing in industrial control systems design, build, and maintenance.
• OS Engineering

Products and services

• Heavy Industrial Electrical Construction New construction, retrofit, and maintenance electrical services for hydroelectric, pulp and paper, timber/forest products, and utility facilities. Includes medium-voltage power distribution, powerhouse wiring, motor controls, and outage/shutdown execution. Customers are heavy industrial facility owners and operators in the Pacific Northwest and beyond.
• Olsson Controls (Controls & Automation) UL 508 certified panel fabrication, PLC programming, SCADA integration, Variable Frequency Drives (VFDs), and automation controls installation for heavy industrial clients. The offering is supported by a certified panel shop and serves both internal projects and external automation customers.
• OS Engineering Engineering design services covering project engineering, arc-flash analysis, power system studies, and design-build support. Engineers deliver stamped designs that integrate with construction and controls execution, enabling single-source delivery on industrial electrical projects.
• High Resistance Grounding (HRG) Systems Design and installation of high resistance grounding systems for medium-voltage industrial power distribution, intended to limit ground fault damage and improve process uptime. Targeted at utility and heavy industrial power systems.
• 24/7 Service and Emergency Response Continuous on-call service and emergency response program for contracted industrial clients, providing rapid troubleshooting and field support for electrical and controls systems at operational facilities.

Quantifiable outcome

• Zero safety incidents on $300M Chester facility project across 100,000+ working hours
• +5 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Garrett ElectriccoreOthers · 1 December 2018Acquired in December 2018, Garrett Electric is an experienced commercial and industrial electrical contractor headquartered in Richland, Washington, established in 1978. Comprised of over 80 skilled tradesmen, engineers, programmers, and administrative professionals. Expansion of service offerings and geographic coverage.
• Allen-Bradley (Rockwell Automation)coreTechnology or IntegrationPrimary control systems hardware partner. Olsson is a Rockwell Automation system integrator receiving priority support. Equipment includes VFDs, PLCs, push buttons, switches, power supplies, terminal blocks, and control panel components. Allen-Bradley sales team recommends Olsson to potential clients in the region.
• Greenberry IndustrialcoreStrategic or Co-development PartnerSister company under NAES Corporation. Olsson and Greenberry collaborate on projects where Olsson provides electrical work while Greenberry handles mechanical upgrades. Notable partnership on RS Kerr Modernization project.
• Roseburg Forest ProductscoreStrategic or Co-development PartnerKey client and strategic partner for the $300M Chester Engineered Wood Greenfield Facility project. Collaboration on advanced manufacturing facility featuring highest capacity press in the world.
• North Coast ElectricminorChannel Partner/ Reseller/ DistributorRegional distributor for Allen-Bradley equipment in Olsson's service area. Provides supply chain for control systems hardware.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Faith Technologies: Large US merit-shop electrical and specialty systems contractor serving industrial, commercial, and utility customers with design-build delivery. Closely comparable to Olsson in offering integrated electrical construction, engineering, and controls across heavy industrial end markets.
• IES Holdings: Public holding company whose Industrial Energy Services segment delivers electrical and mechanical solutions to industrial and utility customers. Directly comparable business model of project-based industrial electrical contracting with similar end-market exposure.
• Rosendin Electric: Employee-owned electrical contractor with significant industrial and power infrastructure practice. Comparable scope on MV/LV distribution, substation work, and industrial controls integration for heavy industry clients.
• Hunt Electric: Regional merit-based electrical contractor serving commercial, industrial, and utility clients across the Mountain West and Pacific Northwest. Closely comparable size, end markets, and integrated construction-controls-engineering offering to Olsson.
• Cannon Electric: Pacific Northwest industrial and commercial electrical contractor with similar project size and customer mix. Comparable on heavy industrial, manufacturing, and utility substation work in overlapping regional geographies.
• Broadway Electric: Industrial and commercial electrical contractor with heavy industrial practice and design-build capabilities. Similar scope on power distribution, controls, and industrial facility construction as Olsson.
• Guarantee Electrical: St. Louis-based industrial and utility electrical contractor with similar project-based delivery model and controls/SCADA integration capabilities. Comparable size and customer profile to Olsson in heavy industrial markets.

Broad incumbents

• MYR Group: Public specialty contractor focused on electrical construction (CSI segment) for transmission, distribution, substation, and industrial markets. Larger and more diversified than Olsson but operates in the same heavy-industrial and utility electrical construction space.
• Quanta Services: Largest pure-play utility infrastructure services firm in North America with extensive work in electric power, renewables, and grid modernization. Broader scale than Olsson but overlaps on power plant electrical construction and substation projects.
• EMCOR Group: Public Fortune 500 provider of electrical and mechanical construction, building services, and industrial services. Much larger and broader, but its industrial services segment competes for the same heavy-industrial electrical work as Olsson.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 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 Olsson Industrial Electric