Cordray Electric

What Cordray Electric does

Cordray Electric, Inc. is a family-owned commercial electrical contractor founded in 2000 by Gary Cordray, Nicole Cordray, and Stephen Cordray in Albuquerque, New Mexico. The company began operations with $500 in operating cash and a 1987 Mazda truck, drawing on the founders' prior experience working for other Albuquerque-area electrical contractors. It provides commercial wiring design, troubleshooting and repairs, design-build installations, remodels, and ongoing maintenance services, alongside specialty work for hospitals, parking garages, apartment complexes, and historical buildings.

The company serves commercial customers across the Albuquerque and Santa Fe metros, operating either as a primary electrician on jobs or as a sub-contractor for larger construction projects. It does not use sub-contractors or temporary labor on customer-hired work, instead relying on long-tenured employees to deliver services. Revenue is generated through project-based professional services engagements, with quote-based pricing per project rather than publicly disclosed rates or recurring contracts. Named customer segments include food service (Krispy Kreme), healthcare facilities, local property management companies, and historical preservation projects.

Cordray Electric's go-to-market is sales-led and relationship-driven, with customer acquisition occurring primarily through direct phone and website contact, supported by word-of-mouth and local reputation built over more than two decades. The company maintains a single headquarters location at 7108 Washington St NE in Albuquerque, with operating hours limited to weekdays from 7:00 AM to 3:30 PM. There is no disclosed revenue, external funding, partnership network, or technology platform; the business operates as a traditional skilled-trade contractor without AI, software products, or app-based delivery channels.

Name

Cordray Electric

Legal name

Cordray Electric Inc

Website

https://cordrayelectric.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Cordray Electric, Inc. is a family-owned commercial electrical contractor based in Albuquerque, NM, founded in 2000. It provides wiring, troubleshooting, design-build, and specialty electrical services for commercial, healthcare, and historical building clients across the Albuquerque and Santa Fe metros.

Ownership category

akta.pro rank

Headquarters

HQ city

Albuquerque

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Electrical Contracting Services: Professional commercial electrical services including troubleshooting, repairs, wiring design, installation for new structures, building additions, remodels, and ongoing maintenance. Revenue is generated through project-based professional services engagements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Cordray Electric is a commercial electrical contractor providing troubleshooting, repairs, complete wiring design, and installation for new construction, building additions, remodels, and historical building preservation. The company serves commercial businesses, property managers, hospitals, parking garages, and apartment complexes in the Albuquerque and Santa Fe areas.

Product overview

Cordray Electric is a commercial electrical contracting company offering a comprehensive suite of electrical services for commercial properties, healthcare facilities, and historical buildings in the Albuquerque and Santa Fe areas. The company operates as a single-service business (not a platform-plus-modules architecture) providing core electrical services including wiring, troubleshooting and repairs, design build, and remodels. They also offer specialty services for specific building types (hospitals, parking garages, historical projects) and construction/maintenance services (ongoing property maintenance, power loss resolution, light retrofits, and energy efficiency upgrades). The company serves as both a primary electrician and sub-contractor depending on project needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Wiring Services

Named customers5 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• EMCOR Group: Public mechanical and electrical construction services provider with broad commercial and industrial capabilities, providing a benchmark for commercial electrical contracting economics and scale.
• MYR Group: Public holding company of electrical construction subsidiaries performing commercial, industrial, and utility work — a relevant public-market comparable for valuing a commercial electrical contractor.
• Faith Technologies: Large U.S. electrical and specialty systems contractor offering commercial and industrial wiring, design-build, and prefabrication — a scaled comparable for Cordray's core commercial electrical contracting model.
• IES Holdings: National provider of electrical and mechanical infrastructure services for commercial, industrial, and residential markets — directly overlapping with Cordray's commercial electrical installation and maintenance offerings.
• Quanta Services: Largest pure-play utility and infrastructure construction firm in North America; less directly comparable on small commercial work, but a relevant incumbent anchor for the broader electrical contracting space Cordray operates in.
• Rosendin Electric: National employee-owned electrical contractor serving commercial, healthcare, data center, and institutional markets — directly relevant to Cordray's commercial wiring, design-build, and healthcare facility work.

Direct peers

• TDIndustries: Employee-owned mechanical, electrical, and plumbing service provider with strong commercial and institutional client bases; a useful peer for benchmarking culture-driven, employee-centric commercial electrical contractors.
• MMR Group: Open-shop electrical and instrumentation contractor with strong commercial and industrial project capabilities, providing a comparable for an employee-focused, non-union commercial electrical service business.
• Helix Electric: Mid-to-large commercial electrical contractor with design-build, prefabrication, and field installation capabilities — the closest scale and service-mix analog to a multi-trade commercial electrician like Cordray.

Emerging players

• Red Hawk Fire & Security: Provider of commercial low-voltage and life-safety services that often pairs with electrical contractors on new construction — adjacent to Cordray's commercial wiring and tenant improvement work in multi-family and commercial properties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Cordray-Electric-Inc-216557172018047
• LinkedInlinkedin.com/company/cordray-electric-inc

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 Cordray Electric