MIP

What MIP does

MIP, Inc. is a privately held DC power equipment specialist founded in 1973 and headquartered at 1015 Elrod Road in Piedmont, South Carolina. The company is the oldest continuously operated firm of its type in the Carolinas, providing sales, installation, and servicing of DC power and battery systems to telecommunications carriers, electric utilities, healthcare facilities, and industrial material handling operators. Its product portfolio is organized into two main categories: Motive Power (industrial batteries for lift trucks, battery handling systems, chargers, rental programs, and authorized distribution of Crown Battery and Flowrite lines) and Standby Power (inverters, telecom/broadband power systems up to 4000 Ampere, battery monitoring equipment, UPS batteries, standby batteries for switchgear and control, utility chargers, and DC power distribution equipment). A renewable energy battery line engineered for partial state of charge operation extends the portfolio into solar and storage applications.

The business operates a multi-stream revenue model combining hardware sales (batteries, rectifiers, UPS systems, inverters, power distribution), usage-based equipment rentals, professional services (engineering, furnishing and installation, scheduled maintenance, IEEE-standard battery testing, and consulting), and EPA-certified battery recycling. Go-to-market is direct and relationship-led, with 24/7 emergency service used as both a sales tool and a retention lever for multi-year contracts. Distribution leverage comes from the authorized Crown Battery dealership and memberships in the South Carolina Telephone and Broadband Association, Electric Cooperatives of South Carolina Association, and DC Power Group, all of which embed the firm into its core buyer channels. Pricing is custom and quote-based given the engineered nature of each deployment. MIP reports no public ownership, no parent company, no funding history, and no disclosed revenue or headcount, consistent with a closely held regional industrial business operating for over five decades.

Name

MIP

Legal name

MIP, Inc.

Website

https://mip-inc.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

MIP, Inc. is a privately held DC power equipment and battery specialist founded in 1973, serving telecommunications, utility, healthcare, and industrial material handling customers across the Carolinas with hardware sales, installation, maintenance, rentals, and recycling services.

Ownership category

akta.pro rank

Product category

DC Power Equipment & Industrial Batteries

NAICS

Battery Manufacturing (33591)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

UPS Batteries & Energy Storage Modules (HDACAJAE)

akta.pro secondary industries

Industrial Material Handling & Warehouse Charging (forklift/AGV chargers, battery swapping) (IMAGAHAG), Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Power & Energy Systems for Telecom Sites (Generators, Batteries, Fuel) (HDAIAKAG), Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding) (EUAEAFAB)

Keywords

• DC power equipment
• Industrial battery systems
• Standby power solutions
• Material handling batteries
• Battery recycling services

Headquarters

HQ city

Piedmont

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. DC Power Equipment Sales: Sales of batteries, rectifiers, UPS systems, inverters, and power distribution equipment to telecommunications, utility, healthcare, and industrial markets. Equipment sales include both standardized products and custom-engineered solutions.
2. Equipment Rental Programs: Short and long term rental programs for industrial batteries and related equipment for material handling applications. E2 rental line available for lift trucks and fleet operations.
3. Installation Services: Highly skilled installation services for UPS battery systems, battery/rectifier design and installation, and power distribution equipment. Includes 24/7 emergency service capability.
4. Maintenance and Consulting Services: Scheduled maintenance programs, onsite repairs, battery testing per IEEE standards, battery room design consulting, power system site analysis, and DC power system EF&I capabilities.
5. Battery Recycling Services: Battery recycling and scrap disposal services with EPA certificate of recycling provided for compliant battery disposal.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

MIP, Inc. sells, installs, services, and recycles DC power equipment — including batteries, battery chargers, rectifiers, UPS systems, inverters, battery monitoring equipment, and power distribution panels — for telecommunications, utility, healthcare, and industrial customers. The product portfolio is split between Motive Power (industrial batteries and chargers for lift trucks and material handling equipment, including Crown Battery and Flowrite lines plus rental programs) and Standby Power (telecom/broadband power systems, UPS batteries, switchgear standby batteries, utility chargers, and inverters), supplemented by renewable energy batteries and full installation, consulting, maintenance, and 24/7 emergency services.

Product overview

MIP, Inc. is a DC power equipment provider founded in 1973, offering sales, installation, and servicing of DC power equipment for telecommunications, utility, healthcare, and industrial markets. The company's product portfolio centers on two main categories: (1) Motive Power products including industrial batteries for lift trucks and material handling (featuring Crown Battery and Flowrite branded products), battery handling systems, industrial chargers, and rental programs; and (2) Standby Power products including inverters, telecommunications/broadband power systems, UPS batteries, telecommunications batteries, standby batteries for switchgear and control, utility chargers, and power distribution equipment. Additional offerings include renewable energy batteries designed for PSoC operation, comprehensive installation, consulting, and maintenance services, plus battery recycling with EPA certification. The company provides 24/7 emergency service and positions itself as the oldest continuously operated company of its type in the Carolinas.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Batteries for Lift Trucks and Material Handling Batteries sold, rented, and serviced for lift trucks and material handling fleets, including traditional flooded, low maintenance, rapid charge, and lithium configurations offered through the authorized Crown Battery dealership and the full Flowrite product line (C-Line 6-year warranty, V-Line 5-year warranty).
• Industrial Battery Chargers Full line of chargers for industrial fleet operations covering traditional ferroresonant, high frequency, opportunity charging, and rapid charge models to support varied battery types and duty cycles.
• Battery Handling Systems Equipment for handling industrial batteries including total system design and installation services for material handling operations.
• Battery Rental Programs Short- and long-term rental programs for industrial batteries serving lift trucks and fleet operations, including the E2 rental line with fleet management support and flexible terms.
• Inverters Single and three phase inverters ranging from 110VAC to 240VAC with sizes up to 120kVA, available in cabinet and rack-based models for standby power applications.
• Telecommunications/Broadband Power Systems Modular and scalable single and three phase DC power systems for telecommunications and broadband applications ranging from 100 Ampere to 4000 Ampere, with battery monitoring and site monitoring options.
• UPS Batteries Uninterruptible power supply batteries with high rate discharge designs in conventional wet or sealed low maintenance cells, ranging from small PC to mainframe computer backup sizes for healthcare, telecom, and critical infrastructure applications.
• Standby Batteries for Switchgear and Control Standby batteries for switchgear and control applications, available in lead antimony and lead calcium types, targeted at utility, telecom, and industrial control system backup.
• Utility Chargers Utility battery chargers available in ferroresonant and SCR designs, ranging from 6 Ampere to 250 Ampere for switchgear and utility battery maintenance applications.
• Power Distribution Equipment DC power distribution equipment including 24 VDC (50 to 2000 Ampere) and 48 VDC (21.5 to 4000 Ampere) systems, circuit breaker and fuse panels, low voltage disconnect equipment, and remote metering and alarm panels.
• Renewable Energy Batteries Batteries specifically designed for renewable energy applications with exceptional performance and cycle life, including operation in PSoC (partial state of charge) conditions.
• Installation Services Installation services covering UPS battery system installation, battery, rectifier, and distribution panel design and installation, delivered by highly skilled installers and service technicians.
• Consulting Services Expert consulting including battery room design, power system site analysis, full DC power system EF&I capability, RUS/REA contract capability, and battery inspections per IEEE Standards.
• Maintenance Services Comprehensive maintenance services including in-house repairs and refurbishing, onsite maintenance, scheduled maintenance programs with computer analysis, load testing, and full battery testing per manufacturer, IEEE, or ITA Industry standards.
• Battery Recycling Services Battery recycling and scrap battery disposal services with EPA certificate of recycling for compliant disposal of scrap batteries across industrial, utility, telecom, and material handling customers.
• 24/7 Emergency Service Round-the-clock emergency service available 7 days a week, 24 hours a day, supporting standby and motive power customers across telecommunications, utility, healthcare, and industrial accounts.

Segments4 records

Ideal customer profiles4 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.

• South Carolina Telephone and Broadband AssociationminorOthersMIP Inc. is a supporter and member of the South Carolina Telephone and Broadband Association, providing DC power equipment and services to telecommunications and broadband companies in South Carolina.
• Electric Cooperatives of South Carolina AssociationminorOthersMIP Inc. is a member of the Electric Cooperatives of South Carolina Association, supporting utility companies with standby power systems and battery solutions.
• DC Power GroupminorOthersMIP Inc. is a member of the DC Power Group, an industry organization for DC power equipment providers.
• Crown BatterycoreChannel Partner/ Reseller/ DistributorMIP Inc. is an authorized Crown Battery dealer, selling, renting, and servicing a full line of Crown Battery products for industrial lift trucks and material handling applications. Crown Battery provides the C-Line (6 year warranty) and V-Line (5 year warranty) products.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Vertiv: Provider of critical digital infrastructure and continuity solutions including UPS, power distribution, and battery monitoring—closely overlapping MIP's telecom and UPS product lines. Vertiv serves telecom and utility customers with broader portfolios and direct national accounts.
• EnerSys: Global manufacturer of industrial batteries, motive power batteries, UPS batteries, and power systems with a broad product portfolio spanning nearly every segment MIP serves. EnerSys represents both the upstream supplier tier and the larger incumbent that could bypass regional distributors.
• Graybar: Large North American electrical and communications distributor with hundreds of branches, supplying batteries, UPS, and power distribution equipment to utility, telecom, and industrial customers. Comparable product breadth with substantially greater geographic reach than MIP.
• Rexel: Global electrical distribution group operating in North America with branches serving industrial, commercial, and utility customers. Comparable product categories in batteries, UPS, and power distribution with multinational procurement scale.
• WESCO International: Fortune 500 electrical, communications, and utility distribution company offering batteries, chargers, UPS, and power distribution products through a national branch network. WESCO represents the scaled distribution model against which a regional distributor like MIP must compete on service depth and relationships.
• Eaton: Global power management company offering UPS systems, switchgear, power distribution, and industrial control products directly overlapping MIP's standby power portfolio. Eaton competes for the same telecom, utility, and healthcare customers at a national scale with vertically integrated manufacturing.
• East Penn Manufacturing: One of the largest independent battery manufacturers in North America, producing Deka-branded industrial, motive power, and UPS batteries. Comparable product line to MIP across both motive power and standby power segments, with substantially greater scale and distribution reach.
• Generac Holdings: Leading manufacturer of backup power generators and energy storage systems serving residential, commercial, and industrial customers including telecom and utility segments. Comparable customer base for standby power, though focused on generation rather than battery storage.
• Sonepar: World's largest independent electrical distribution group operating across North America with a broad product portfolio that includes batteries, UPS, and power distribution equipment serving utility, industrial, and commercial customers.

Others

• Crown Battery Manufacturing: MIP's primary supplier and authorized dealer partner, manufacturing the C-Line and V-Line industrial batteries that anchor MIP's motive power business. While a supplier rather than competitor, Crown offers the same product category at the manufacturer level and represents the most product-comparable peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mip-inc.

Compliance1 record

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 MIP