What Termaco does

Termaco Ltée is a Canadian designer, manufacturer, and integrator of advanced battery protection and energy storage solutions, founded in 1968 and headquartered in Saint-Jean-sur-Richelieu, Quebec. The company operates across two product lines: a legacy power protection portfolio (battery trays, racks, modules, and cabinets engineered for industrial motive power applications such as forklifts, aerial lifts, and automated guided vehicles), and a newer energy storage portfolio centered on the TREE (Termaco Reserve Electrical Energy) platform. The TREE system is a modular, battery-agnostic energy storage solution offered in stationary (500kW-1MW, 500kWh-2MWh) and mobile (30-90kW, 60-350kWh) configurations, with an integrated energy management software layer, IoT-enabled remote monitoring, and operating range of -40°C to 60°C. Proprietary engineering capabilities include internally developed finite element analysis (FEA) for seismic certification of battery protection structures.

The company's go-to-market is direct B2B enterprise sales with no self-serve or e-commerce channels; pricing is quote-based and products are sold as customized or standard industrial capital equipment. Revenue mechanics rely primarily on hardware sales of TREE systems and battery protection products, supplemented by custom engineering and integration services for OEM-specified deployments. Target customer segments include industrial battery OEMs and operators, commercial and industrial (C&I) facilities requiring backup power or peak shaving, construction sites needing off-grid temporary power, and critical infrastructure (hospitals, data centers, schools). The company employs 101-250 staff across its Quebec headquarters and a US operations office in Reading, Pennsylvania, serving the North American market in Canada and the United States.

Termaco self-identifies as a North American leader in battery protection and energy storage. Its competitive positioning rests on 55+ years of domain specialization, seismic-certified and acid-resistant product designs, battery-agnostic architecture, extreme-environment operating range, and an experienced leadership team led by President & CEO Miro Yaghi (M.Eng, MBA, CPA), VP Engineering Gilles Boucher (35+ years tenure, FEA pioneer), VP Finance Patrick Savaria (25+ years), VP Procurement Mathieu Roy (20+ years), and VP Operations Jeffrey Chu (aerospace/automotive background). Termaco is a privately held company with no disclosed funding rounds, acquisitions, partnerships, patents, or external investors in the source material.

Name

Termaco

Legal name

Termaco Ltée

Website

https://termaco.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

101–250 employees

Short description

Termaco is a Canadian designer, manufacturer, and integrator of industrial battery protection products and modular energy storage systems (TREE platform), serving North American industrial OEMs, C&I facilities, construction sites, and critical infrastructure customers since 1968.

Ownership category

akta.pro rank

Product category

Industrial Energy Storage Equipment

NAICS

Battery Manufacturing (33591), Electrical Equipment Manufacturing (33531)

SIC

Electrical Industrial Apparatus (3620)

akta.pro primary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

akta.pro secondary industries

Battery Pack Manufacturing & Module Assembly (EUAFABAI), Industrial Material Handling & Warehouse Charging (forklift/AGV chargers, battery swapping) (IMAGAHAG)

Keywords

• Industrial battery protection
• Energy storage systems
• Battery trays racks
• Mobile energy storage
• Stationary battery cabinets

Headquarters

HQ city

Saint-jean-sur-richelieu

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Energy Storage Systems: Sale of TREE (Termaco Reserve Electrical Energy) mobile and stationary energy storage solutions. Products are customized or standard configurations sold as capital equipment to commercial, industrial, and institutional customers requiring backup power and energy storage.
2. Battery Protection Products: Design, manufacture and integration of industrial battery protection products including trays, racks, modules, and cabinets. Sold as customized or standard products to industrial battery industry customers.
3. Custom Engineering & Integration Services: Engineering design services and product customization for OEM specifications. Collaborative design process with customers to develop bespoke battery protection and energy storage solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Termaco designs, manufactures, and integrates industrial energy storage and battery protection products. Its offerings include the TREE energy storage system (mobile and stationary configurations from 30kW to 1MW), battery trays, racks, modules, and cabinets for industrial motive power and stationary applications. All products are sold as customized or standard configurations to North American commercial, industrial, and institutional customers.

Product overview

Termaco offers two main product lines: energy storage solutions and power protection products. The energy storage portfolio centers on the TREE (Termaco Reserve Electrical Energy) system, available as a stationary unit (500kW-1MW, 500-2MWh) or Mobile TREE (30-90 kW, 60-350 kWh), complemented by the TREE Power 10 add-on module for photovoltaic integration. The power protection line includes Battery Trays for motive power applications and Stationary Battery Racks, Modules, and Cabinets for fixed installations. All products are designed, manufactured, and integrated in Canada for industrial battery protection and energy storage applications.

Differentiator

Problem solved

Functional benefit

Brands

• TREE (Termaco Reserve Electrical Energy): Smart, clean, and sustainable energy storage solution. Includes Mobile TREE for construction sites, standard TREE for weather conditions, and TREE Power 10 for mobile PV energy production.

Products and services

• TREE (Termaco Reserve Electrical Energy) Stationary Energy Storage

Quantifiable outcome

• TREE Mobile achieves 1-hour fast charging time
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Powin Energy: Powin designs and manufactures modular battery energy storage systems for utility-scale and C&I applications. Highly comparable to Termaco's TREE line, which targets the same modular C&I and microgrid segment with similar power and capacity configurations.
• EnerSys: EnerSys is a leading global manufacturer of industrial batteries, enclosures, and power protection solutions for motive power and stationary applications. Directly comparable to Termaco's battery tray, rack, and cabinet product line that serves the same forklift and stationary industrial markets.
• East Penn Manufacturing: East Penn produces Deka industrial batteries and associated enclosures and racking systems for motive power and stationary applications. Directly comparable to Termaco's battery protection and integration offering for the North American industrial battery industry.
• Trojan Battery Company: Trojan manufactures deep-cycle batteries and supporting infrastructure for industrial, commercial, and energy storage markets. Overlaps with Termaco's industrial battery focus and related C&I storage use cases.
• Polarium Energy Solutions: Polarium builds modular lithium-ion energy storage solutions for C&I, telecom backup, and solar hybrid applications. Closely comparable to TREE's battery-agnostic, modular architecture for backup power and off-grid energy storage.

Broad incumbents

• Fluence Energy: Fluence is a global ESS system integrator with deep balance sheet, offering standardized grid-scale and C&I energy storage. Comparable to TREE's energy storage business, but Fluence operates at significantly larger scale and broader geographic scope.
• Tesla Energy: Tesla's Energy business (Powerpack, Megapack, Powerwall) is a broad incumbent in commercial and industrial energy storage globally. Compares to Termaco's TREE stationary offering but with vastly greater scale, brand recognition, and vertical integration.
• Saft (TotalEnergies): Saft designs and manufactures advanced industrial and ESS battery systems globally, including modular containerized solutions. Comparable on ESS integration and industrial battery focus, though Saft operates at much larger global scale and across multiple chemistries.

Emerging players

• Exro Technologies: Exro is a Canadian technology company focused on power electronics and battery management for energy storage and e-mobility. Adjacent comparable in that it targets Canadian innovation in industrial battery and energy storage system integration.

Others

• Energy Toolbase: Energy Toolbase is a software platform for designing and modeling solar-plus-storage projects for C&I customers. Adjacent comparable given its focus on the same C&I solar-plus-storage market where Termaco's TREE Power 10 operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/termaco-ltee

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Termaco