What Price Electronics does

Price Electronics is an electronics contract manufacturing services (EMS) provider headquartered in Winnipeg, Manitoba, Canada. Founded in 1999 as a division of Price Industries, the company operates a 28,000 sq.ft. manufacturing facility staffed by 150+ employees spanning wire harness manufacturing, programming and testing, quality inspection, application engineering, and software/engineering design. It produces custom turnkey electronic assemblies for OEM customers across eight verticals: HVAC and refrigeration, consumer and industrial, healthcare, transportation, energy, communications, electronic technology, and agriculture, with operations concentrated in North America under USMCA tariff-free conditions.

The company's core technology is automated surface-mount printed circuit board assembly (PCBA), supported by four ASM pick-and-place machines capable of placing 133,000 electronics parts per hour and 2 million parts per day, with handling of 008004 (0.25 x 0.125mm) microscopic components. The equipment stack includes automated stencil printers, multi-zone reflow ovens, automated optical inspection (AOI), dual-stage turbulent wave soldering, selective soldering, X-ray component counting, automatic cut-and-strip wire harness processing, Bambu Lab X1-Carbon multi-filament 3D printers for test fixtures and tooling, and industrial test cells for RF, GPS, wireless, and burn-in testing. Rapid prototyping delivers boards within 5 working days (72 hours for consigned jobs) and the facility can run three shifts for surge capacity. Certifications include ISO 9001:2015, ISO 13485:2016 (medical devices), Controlled Goods Program, CTPAT, UL, CSA, ETL, BTL/BACnet, RoHS, IPC membership, and Six Sigma.

Price Electronics generates revenue through quote-based B2B contracts with OEM customers. Its go-to-market is direct enterprise engagement via phone (+1-844-654-5907), email ([email protected]), and an online RFQ system that returns quotes within one business day, with project-based pricing derived from assembly fees, component sourcing markups on turnkey engagements, and value-added services including wire harness manufacturing and testing. The revenue mix spans full-service turnkey solutions, consigned assembly, rapid prototyping, DFM review, final assembly, and test services, sold without intermediaries into the Canadian and U.S. OEM markets.

Name

Price Electronics

Legal name

Price Electronics

Website

https://priceelectronics.ca

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Price Electronics is a Winnipeg-based electronics contract manufacturer specializing in turnkey PCBA, wire harness assembly, and testing for OEM customers across HVAC, medical, transportation, energy, communications, industrial, and agricultural sectors in North America.

Ownership category

akta.pro rank

Product category

Electronics Manufacturing Services (EMS)

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418)

SIC

Printed Circuit Boards (3672)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

akta.pro secondary industry

Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF)

Keywords

• Electronics manufacturing services
• PCB assembly contract manufacturing
• Turnkey PCBA OEM services
• Rapid prototyping electronics
• Wire harness assembly manufacturing

Headquarters

HQ city

Winnipeg

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Contract Manufacturing Services: Full-service EMS (Electronic Manufacturing Services) provider offering DFM review, rapid prototyping, consigned assembly, turnkey solutions, PCB assembly, final assembly, and test services to OEM companies. Revenue generated through manufacturing fees, assembly services, component sourcing, and value-added services such as wire harness manufacturing and testing.
2. Turnkey Manufacturing: Complete production experience where the company handles everything from component sourcing and metalwork management to final assembly, testing, labeling, and direct shipping to customers. Benefits from reduced component costs through strong purchasing power.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Price Electronics is a contract electronics manufacturer that produces custom turnkey Printed Circuit Board Assemblies (PCBAs) for OEM companies. Services span Design for Manufacturability (DFM) review, rapid prototyping (5-day turnaround), consigned and turnkey assembly, high-speed SMT PCB assembly, final product assembly, wire harness and cable manufacturing, and custom test protocol development. The company serves OEMs across HVAC, industrial automation, medical, transportation, energy, communications, and agriculture verticals from its 28,000 sq.ft. ISO-certified Winnipeg facility.

Product overview

Price Electronics is an electronics contract manufacturing services (EMS) provider offering a unified platform of manufacturing services for OEM companies. The core offering centers on PCB Assembly supported by interconnected service modules: DFM Review (ensuring design readiness), Rapid Prototyping (fast-turn delivery), Consigned Assembly and Turnkey Solutions (flexible engagement models), Final Assembly (complete product finishing), and Test Services (validation and quality assurance). The company operates manufacturing equipment including X-Ray Component Counter, Automated Stencil Printer, High-Speed Pick-and-Place machines, Reflow Ovens, Automated Optical Inspection, Dual-Stage Turbulent Wave Solder, Selective Solder Machine, Test Cell/Burn-In Testing systems, Automatic Cut and Strip Wire Processing, and Bambu Lab X1-Carbon 3D Printers. All services are delivered from a 28,000 sq.ft. Winnipeg, Canada facility backed by Price Industries.

Differentiator

Problem solved

Functional benefit

Products and services

• PCB Assembly Core contract manufacturing service using automated Surface Mount Technology (SMT) lines to assemble printed circuit boards for OEM customers. Includes high-speed pick-and-place, reflow soldering, and solder inspection.
• DFM Review Design for Manufacturability consulting where Price Electronics engineers work with OEM design teams to validate that products are optimized for manufacturing before production begins.
• Rapid Prototyping Quick-turn manufacturing service delivering prototype PCB assemblies within 5 working days (or 72 hours for consigned jobs) to support OEM new product introduction and development cycles.
• Consigned Assembly Assembly-only service where the customer provides labeled kits of components and bare PCBs, and Price Electronics performs kit auditing and assembly.
• Turnkey Solutions Full-service production covering component sourcing, metalwork management, PCB assembly, final assembly, testing, labeling, and direct shipping to end customers, leveraging Price Electronics' purchasing power for reduced component costs.
• Final Assembly Complete product assembly and finishing service including wiring, cabling, testing, packaging with peripherals and documentation, and shipping to distribution points or end customers.
• Test Services Customized test protocol development and execution using calibrated laboratory equipment and custom test jigs, covering RF testing, GPS technology, wireless device testing, burn-in, troubleshooting, repair, and programming.
• Wire Harness Assembly Dedicated wire harness and cable assembly service producing robust, reliable harnesses with specialized equipment for cutting, crimping, and fastening to ensure repeatable connections.

Quantifiable outcome

• 2 million parts placed per day
• +4 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Celestica Inc. Toronto-headquartered global EMS provider offering PCBA, complex mechanical assembly, and supply-chain solutions to OEM customers across multiple verticals including healthcare, aerospace, communications, and industrial — the closest scale-and-geography comparable to Price Electronics as a Canadian EMS peer.
• SMTC Corporation: Mid-tier North American EMS provider offering PCBA, box build, and test services with facilities in the US, Mexico, and Canada — directly comparable scale and OEM contract manufacturing focus.
• SigmaTron International: US-based independent EMS provider offering PCBA, cable/harness assembly, and final box build to OEMs in industrial, medical, and consumer markets — comparable mid-market scale and integrated PCBA-plus-harness offering.
• Creation Technologies: Canadian-based mid-market EMS provider focused on PCBA and complex system assembly for OEMs in medical, industrial, communications, and aerospace — directly comparable to Price Electronics on geography, vertical mix, and mid-tier EMS positioning.
• Kimball Electronics: US-headquartered EMS company providing PCBA, contract manufacturing, and design services across medical, automotive, industrial, and public safety verticals — comparable diversified-vertical mid-market EMS model.
• Vexos: Mid-market North American EMS provider with PCBA and custom manufacturing services across medical, industrial, and communications verticals — comparable scale and diversified vertical model to Price Electronics.

Broad incumbents

• Sanmina Corporation: Global integrated manufacturing solutions provider with deep PCBA capabilities serving communications, medical, industrial, and defense — comparable to Price Electronics on PCBA core and regulated-vertical exposure, but at much larger scale.
• Jabil Inc. One of the world's largest EMS providers, offering PCBA and full product manufacturing across virtually every end-market vertical — represents the scale ceiling and primary competitive benchmark for mid-tier North American EMS players.
• Plexus Corp: Global EMS company focused on mid-to-low volume, higher-complexity PCBA and supply-chain solutions in healthcare/life sciences, industrial, and aerospace/defense — overlapping regulated-vertical positioning with Price Electronics.
• Benchmark Electronics: Global EMS provider offering engineering, PCBA, and integrated manufacturing services to OEMs in aerospace, medical, industrial, and computing — broader scope and larger scale than Price Electronics but overlapping customer verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/Price_Electron
• YouTubeyoutube.com/user/pricetronics
• LinkedInlinkedin.com/company/price-electronics-manufacturing

Compliance9 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 Price Electronics