SRC Electrical

What SRC Electrical does

SRC Electrical operates as SRC Technologies Group, Inc., an employee-owned company headquartered in Springfield, Missouri, founded in 1991. The company remanufactures electronics, rotating electrical components, mechatronics, and propulsion battery systems, reverse-engineering parts to perform at OEM specifications. It serves six industry verticals — Heavy Truck, Agriculture, Construction, Marine, Industrial, and Automotive — with Clear-Cast Marine functioning as a wholly-owned division specializing in electronic repairs for fish finders and GPS units. The company claims significant sustainability outcomes from its remanufacturing process, including 286 million pounds of material diverted from landfills annually and 950,000 megawatt hours of energy saved.

The business model centers on hardware sales of remanufactured and new components, supplemented by repair services accessed through a direct e-commerce storefront at sales.srctechgroup.com. Go-to-market is sales-led, with dedicated vertical landing pages, industry association memberships (VPP, Remanufacturing Industries Council, MEMA, MAM), and direct enterprise engagement. The company employs 101-250 people and operates exclusively in the United States. Revenue is not disclosed, and the company is privately held with no venture capital or institutional investment backing identified.

The offering is structured around full lifecycle management rather than a platform-plus-modules architecture; the unifying capability is reverse-engineering expertise applied across multiple product categories (remanufactured electronics, rotating electrical, mechatronics, propulsion batteries) and verticals. No AI/ML capabilities, software APIs, or data analytics platforms are documented. The company's competitive positioning emphasizes cost-effective alternatives to new OEM parts, sustainability outcomes, and responsiveness across its distributed industrial customer base.

Name

SRC Electrical

Legal name

SRC Technologies Group, Inc.

Website

https://srcelectrical.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

SRC Electrical

Ownership category

akta.pro rank

Product category

Automotive Parts Remanufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Electrical Equipment, Appliance, and Component Manufacturing (335), Electrical Equipment Manufacturing (33531), Other Electrical Equipment and Component Manufacturing (3359)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Miscellaneous Electrical Machinery, Equipment & Supplies (3690)

akta.pro primary industry

Powertrain Electronics & Controls Remanufacturing (ECUs/TCUs, Mechatronics) (TLAKALAJ)

akta.pro secondary industries

Starter, Alternator & Motor/Generator Rebuild/Remanufacturing (TLAKALAM), Electric Drive Units & E-Axles Rebuild/Remanufacturing (EV/Hybrid) (TLAKALAH), Marine MRO Parts & Consumables Distribution (TLAKAOAJ)

Keywords

• Remanufactured electronics
• Rotating electrical components
• Heavy truck parts
• Marine electronics repair
• Propulsion battery remanufacturing

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Remanufactured Products: Sale of remanufactured electronics, rotating electrical components, mechatronics, and propulsion batteries. The core business model involves reverse engineering original components and remanufacturing them to perform at original specifications, providing cost-effective alternatives to new OEM parts.
2. New Products: Sale of new products alongside remanufactured offerings, serving customers who prefer new over remanufactured options
3. Repair Services: Repair services for electronics, including Clear-Cast Marine division specializing in electronic repairs for fish finders and GPS units

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

SRC Electrical reverse engineers and remanufactures electronics, rotating electrical components, mechatronics, and propulsion battery systems to original-equipment specifications, selling these as cost-effective alternatives to new OEM parts. It also sells new components and provides repair services across Heavy Truck, Agriculture, Construction, Marine, Industrial, and Automotive verticals, including electronic repairs for fish finders and GPS units through its Clear-Cast Marine division.

Product overview

SRC Electrical (through SRC Technologies Group, Inc.) operates as an employee-owned company providing remanufacturing services across four core product categories: Remanufactured Electronics, Rotating Electrical, Mechatronics, and Propulsion Battery. These offerings are delivered as service-based solutions with a focus on full lifecycle management. The company serves multiple industry verticals (Heavy Truck, Agriculture, Construction, Marine, Industrial, Automotive) through its centralized capabilities, with Clear-Cast Marine operating as a specialized division focused on marine electronics repair (fish finders and GPS units). The portfolio is unified by the company's reverse-engineering expertise and remanufacturing process rather than a traditional platform-plus-modules architecture.

Differentiator

Problem solved

Functional benefit

Brands

• Clear-Cast Marine: A division of SRC Technologies Group specializing in electronic repairs for fish finders and GPS units for the marine industry.

Products and services

• Remanufactured Electronics

Quantifiable outcome

• 85% less material used compared to manufacturing new goods
• +2 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• VPP (Voluntary Protection Programs)minorOthersIndustry association membership demonstrating commitment to workplace safety and excellence. VPP membership indicates participation in OSHA's cooperative compliance program.
• Remanufacturing Industries CouncilcoreOthersPrimary industry association for remanufacturing companies. Membership aligns with SRC's core business model of remanufacturing electronics, rotating electrical, mechatronics, and propulsion battery products.
• MEMA (Motor & Equipment Manufacturers Association)coreOthersMajor automotive industry trade association representing motor vehicle parts manufacturers. Membership supports SRC's automotive segment and provides industry advocacy and networking.
• MAM (Michigan Automotive Manufacturers)minorOthersRegional automotive manufacturers association. Membership provides networking and resources specific to Michigan's significant automotive manufacturing base.

Scale indicators4 records

Recent moves4 records

Expansion highlights2 records

Direct peers

• WAI Global: WAI Global distributes remanufactured starters, alternators, and rotating electrical aftermarket parts across heavy duty, ag, and industrial segments, matching SRC's vertical footprint.
• BBB Industries: BBB Industries remanufactures alternators, starters, and rotating electrical components for heavy-duty truck, ag, and industrial markets—closely overlapping SRC's rotating electrical and heavy truck core lines.
• Cardone Industries: Cardone remanufactures automotive electronics, mechatronics, and engine management modules—a direct competitor in SRC's electronics and mechatronics categories across auto/industrial channels.
• Prestolite Electric: Prestolite is a legacy remanufacturer of heavy-duty alternators, starters, and electrical systems for commercial vehicles, overlapping SRC's heavy truck rotating electrical offering.
• Motorcar Parts of America: MPA is a leading remanufacturer of alternators, starters, and automotive electrical components serving the North American aftermarket, comparable to SRC's rotating electrical business.
• Standard Motor Products: SMP manufactures and remanufactures engine management, sensors, and electrical components for the automotive aftermarket, directly comparable to SRC's electronics/mechatronics portfolio.

Broad incumbents

• Bosch Automotive Aftermarket: Bosch is a global OEM and aftermarket supplier of electrical components, mechatronics, and remanufactured parts; it competes broadly with SRC across multiple verticals as part of a much larger portfolio.
• BorgWarner: BorgWarner supplies powertrain and drivetrain components globally (including reman operations via Remy), overlapping SRC's mechatronics and propulsion battery adjacencies at scale.
• Denso: Denso manufactures starters, alternators, and electrical/electronic components for OEMs and aftermarket globally, serving as a broad incumbent competing in many of SRC's categories.

Emerging players

• Lester Electrical: Lester Electrical remanufactures batteries, chargers, and electrical components for industrial, golf, and specialty vehicles—an adjacent niche player intersecting with SRC's propulsion battery line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/SRC_Electrical

Revenue estimate

Valuation estimate

Number of profiles

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 SRC Electrical