Steel Power

What Steel Power does

Steel Power (legal entity TEPSA STEEL POWER) is a Mexican metalworking manufacturer founded in 2016 and headquartered at Avenida Aeropuerto 520, Col. Ignacio Allende, Torreón, Coahuila, Mexico. The company operates a single manufacturing facility with 101–250 employees and produces electrical enclosures, cabinets, and substations for industrial customers, alongside custom metal enclosures manufactured to client specifications. The standard product catalog spans compact substations, hypercompact substations at 24kV and 35kV, motor control centers (CCM), metal-enclosed cabinets, SF6 hexafluoride cabinets, ground fault cabinets, I-Line self-supporting enclosures, general purpose cabinets (15 sizes), and small standard cabinets with or without viewing windows. The custom "productos especiales" line covers PCYM cabinets, solid bottom trays, mobile disconnect switch enclosures, acoustic cabins, RM6 cabinets, and Plug-In units.

The underlying technology stack is vertically integrated metalworking: laser cutting with air, nitrogen, and oxygen gases (cutting 1-inch carbon steel and gauge 20 stainless steel), precision programmable bending (1–3.2 meters), automated punching (up to 20 tons capacity), and electrostatic powder coating rated to 1,200 hours of salt spray resistance. In-house finishing capabilities are highlighted as a key differentiator, supported by a 12-month written warranty under the TEPSA STEEL POWER legal entity.

Steel Power's business model is built on one-time product sales of both standard line and custom special products, plus metalworking services billed separately to external customers. Go-to-market is a hybrid of direct sales to enterprise industrial customers and an authorized distributor network across Mexico. The customer base is enterprise-skewed, with named logos spanning mining (Mine Power), electrical/energy (Schneider), industrial integration (Tepsa, Driwisa, Integrol, ICSI, Fisa, Gatho, Sigrama), and manufacturing (Garmen, Precision, Mecanizados, Suministros, Tamex, Fayse). Marketing is conducted through a Wix-hosted website, LinkedIn, and Facebook; pricing is not publicly disclosed and requires direct quote requests.

Name

Steel Power

Legal name

TEPSA STEEL POWER

Website

https://steelpower.com.mx

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Steel Power is a Mexican metalworking manufacturer that produces electrical enclosures, cabinets, and substations for industrial and energy-sector customers, and offers laser cutting, bending, punching, and electrostatic powder coating services through a Torreón-based plant and a national distributor network.

Ownership category

akta.pro rank

Product category

Electrical Enclosures and Metal Fabrication

NAICS

Electrical Equipment Manufacturing (3353), Relay and Industrial Control Manufacturing (335314), Sheet Metal Work Manufacturing (332322)

SIC

Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Sheet Metal Work (3444)

akta.pro primary industry

Substation Control Houses, Enclosures & Physical Infrastructure (EUADACAK)

akta.pro secondary industries

Industrial Control Panels & Enclosures (Panel Building, MCCs, Integration) (IMAGABAJ), Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA), Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK)

Keywords

• Industrial metal fabrication
• Electrical enclosures
• Metal cabinets
• Metalworking services
• Custom metal fabrication

Headquarters

HQ city

Torreón

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Metal Product Manufacturing and Sales: Steel Power manufactures and sells metal mechanical products including electrical cabinets, substations, and enclosures. Revenue comes from product sales of both standard line products and custom special products.
2. Metalworking Services: Additional services including electrostatic painting, laser cutting, bending, and punching provided to customers for their metal fabrication needs.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Steel Power manufactures and sells metal electrical enclosures, cabinets, and substations for industrial customers, including compact and hypercompact substations (24kV and 35kV), motor control centers, SF6 cabinets, ground fault cabinets, I-Line enclosures, and general purpose cabinets. The company also produces custom special products fabricated to customer specifications, and offers metalworking services such as electrostatic powder coating, laser cutting, precision bending, and automated punching.

Product overview

Steel Power is a Mexican metalworking company specializing in the manufacture of electrical enclosures and substations. The company operates two distinct product lines: (1) Standard products (productos de línea) — pre-designed cabinets and substations including SF6 hexafluoride cabinets, ground fault cabinets, metal enclosed cabinets, compact substations, hypercompact substations (24kV and 35kV), motor control enclosures (CCM), I-Line self-supporting enclosures, general purpose cabinets, and standard small cabinets with or without viewing windows; and (2) Special/custom products (productos especiales) — bespoke metal enclosures manufactured to customer specifications including PCYM cabinets, solid bottom trays, mobile disconnect switch enclosures, acoustic cabins, RM6 cabinets, and Plug-In units. In addition to products, Steel Power offers complementary manufacturing services including electrostatic powder coating (up to 1200 hours salt spray resistance), laser cutting (using air, nitrogen, and oxygen gases), metal bending (up to 3.2 meters), and punching (up to 20 tons capacity).

Differentiator

Problem solved

Functional benefit

Products and services

• Subestación compacta (Compact Substation) Compact metallic substation for outdoor use designed for durability, hermeticity, and security with high degree of protection in different environmental conditions.
• Envolvente para control motores (CCM) Motor control center for outdoor use with sliding mounting plate and removable floors, designed for durability, hermeticity, practicality, and safety.
• Gabinete metal enclosed Metal enclosed cabinet for outdoor use with protection against rain, sleet, and dust, featuring 3-point closure and aluminum die-cast handle.
• Subestación 24kV hipercompacta Metal hypercompact substation for exterior use, composed of adaptable modules with self-supporting fabrication designed for durability, hermeticity, practicality, and safety.
• Subestación 35kV Metal hypercompact substation rated for 35kV, designed for exterior installation with modular construction.
• Gabinete falla a tierra Ground fault cabinet for medium voltage electrical applications and wall mounting, includes 45° cut at bottom for quick installation.
• Gabinete hexafluoruro SF6 SF6 hexafluoride cabinet with robust modular self-supporting fabrication composed of two sections, designed for durability, hermeticity, practicality, and safety.
• Gabinete usos generales General purpose cabinet for interior use, available in 15 different sizes ranging from 250mm x 250mm x 160mm to 1200mm x 800mm x 300mm.
• Gabinete chico estándar Small standard cabinet with door accessories, designed for durability, hermeticity, practicality, and safety, available in different sizes.
• Envolvente autosoportado para I-Line

Quantifiable outcome

• Up to 1200 hours salt spray chamber resistance
• +2 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators1 record

Recent moves5 records

Expansion highlights10 records

Broad incumbents

• Schneider Electric: Schneider Electric is a global electrical equipment leader producing switchgear, substations, motor control centers, and enclosures. Listed as a Steel Power customer but also a competitor in adjacent enclosure and substation categories.
• Siemens: Siemens is a global electrification and industrial automation company producing switchgear, substations, motor control centers, and enclosures. Comparable as a broad incumbent in electrical equipment categories Steel Power serves.
• ABB: ABB is a global leader in electrification, producing switchgear, substations, and enclosure systems for industrial and utility customers. Comparable as a broad incumbent competing in substations and electrical apparatus categories.
• Eaton: Eaton is a global power management company producing switchgear, motor control centers, and electrical enclosures as part of a broader portfolio. Comparable for overlapping electrical enclosure and power distribution products.

Regional players

• Ingeteam: Ingeteam is a Spanish electrical equipment company with manufacturing in Mexico, producing substations, switchgear, and electrical enclosures for renewable energy and industrial customers. Comparable as a regional player operating in similar categories in Mexico.
• Atos (Enclosures): Atos is a Mexican manufacturer of electrical enclosures and cabinets for industrial applications, directly competing with Steel Power in the Mexican domestic market. Closely comparable as a regional enclosure specialist serving similar customers.

Direct peers

• nVent (Hoffman): nVent's Hoffman brand is a major global manufacturer of electrical enclosures, operator interface cabinets, and enclosures for industrial applications. Directly comparable product category and target customer base to Steel Power's cabinet business.
• Hammond Manufacturing: Hammond Manufacturing produces electrical enclosures, cabinets, and related metal products for industrial and electrical markets across the Americas. Closely comparable as a North American manufacturer of standard and custom metal enclosures.
• Rittal: Rittal is the global leader in industrial enclosures, including electrical cabinets, motor control enclosures, and substation housings. Directly comparable as a manufacturer of standard and custom metal enclosures for industrial and electrical applications.
• Fibox: Fibox manufactures enclosures and cabinets for electrical and electronic applications globally, with focus on harsh-environment and outdoor-rated enclosures. Comparable as an enclosure specialist competing in similar end-markets.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/SteelPowermx
• LinkedInlinkedin.com/company/steel-power

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 Steel Power