Martin Electric

What Martin Electric does

Martin Electric is a three-generation, family-owned electrical contracting firm headquartered in Rensselaer, New York, founded in 1939 by George J. Martin Jr. as one of six electrical contractors in the Albany region. The company provides installation, maintenance, and consulting services to commercial and industrial clients across the Capital Region of New York, with capabilities spanning power distribution up to 34.5kV, fire alarm, CCTV and card access, lighting and lighting controls, telecommunications and data cabling, generators, and renewable energy solutions. The firm is a NECA member, affiliated with IBEW Local 236 via the Tri-City JATC apprenticeship pipeline, and WBE certified, supporting diversity contracting requirements.

The firm's service model is organized around three product lines: Installation Services (project-based new construction, renovations, and specialized electrical systems delivered with BIM-coordinated fabrication and 20,000+ sq ft of prefabrication warehousing), Maintenance Services (24/7 emergency response with 1-hour call-back and 4-hour crew mobilization, preventative maintenance, testing, and on-site staffing), and Consulting Services (pre-construction planning, BIM coordination, risk management, and energy/sustainability advisory). In April 2024 the company acquired Control Network Communications (CNC), a long-time IT infrastructure collaborator since 1981, extending the portfolio into fiber optic, wireless, network security, IP telephony, and surveillance as a wholly-owned subsidiary. Commercial solar offerings were also launched in 2024.

Revenue is generated through project-based electrical contracting (one-time), recurring maintenance contracts, and professional services consulting, with pricing determined per-project scope. Customers include large enterprise and government accounts such as Target, NYS Department of Health, Regeneron, MetLife, Plug Power, and Albany International Airport. The company operates with $60M+ bonding capacity, an EMR of 0.50, and zero recordable injuries in 2024, underscoring safety and scale credentials that support pursuit of large institutional projects. Management is led by third-generation President Kendra Hart, with a leadership bench that includes a Preconstruction Executive, Telecommunications Division Manager, Safety Manager, and HR Director.

Name

Martin Electric

Legal name

Martin Electric

Website

https://martinelectric.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

11–50 employees

Short description

Martin Electric is a three-generation, family-owned electrical contractor headquartered in Rensselaer, New York, providing commercial and industrial installation, maintenance, and consulting services across New York's Capital Region. The firm serves enterprise and government clients including Target, MetLife, Regeneron, and Albany International Airport, with capabilities extending to low-voltage IT infrastructure via its CNC subsidiary.

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (23821)

SIC

Electrical Work (1731)

akta.pro primary industry

Electrical Contracting & Wiring (IMAFALAA)

akta.pro secondary industries

Electrical Contracting (Commercial/Industrial) (IMAIABAC), Electrical Systems Maintenance (LV/MV, Switchgear, UPS) (BPABACAC)

Keywords

• Electrical contracting services
• Commercial electrical installation
• Industrial electrical maintenance
• Low voltage systems
• Power distribution installation

Headquarters

HQ city

Rensselaer, New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Installation Services: Project-based electrical contracting services for construction projects including power distribution, fire alarm, lighting, telecommunications, and specialized electrical systems installation for commercial and industrial clients.
2. Electrical Maintenance Services: Ongoing maintenance and monitoring services including 24/7 emergency response, preventative maintenance, testing services, and on-site maintenance resources to keep electrical infrastructure operational.
3. Consulting Services: Pre-construction consulting including project coordination, BIM services, risk management, contingency planning, disaster recovery, and energy/sustainability advisory services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Martin Electric provides commercial and industrial electrical contracting services including power distribution installation up to 34.5kV, fire alarm, CCTV and card access systems, lighting and lighting controls, telecommunications and data communications, generators and emergency power systems, solar and car charging stations, and underground utilities. The firm also offers 24/7 maintenance, preventative maintenance and testing, on-site maintenance staffing, and pre-construction consulting including BIM services, prefabrication, risk management, and energy/sustainability advisory services.

Product overview

Martin Electric is a three-generation family-owned electrical contracting company founded in 1939, offering a comprehensive portfolio of electrical services organized around three core offerings: Installation Services (power and distribution, fire alarm, CCTV, lighting, telecommunications, generators, solar, underground utilities), Maintenance Services (24/7 emergency response, preventative maintenance, on-site support), and Consulting Services (pre-construction, BIM, prefabrication, risk management, energy sustainability). The company expanded its capabilities in 2024 through the acquisition of Control Network (CNC), a low-voltage/IT infrastructure subsidiary specializing in fiber optics, wireless networks, network security, IP telephony, and security surveillance. Together, these services enable Martin Electric to deliver integrated electrical and communications solutions across commercial, industrial, and high-performance building projects in New York's Capital Region.

Differentiator

Problem solved

Functional benefit

Products and services

• Installation Services Electrical installation services for commercial and industrial projects, including power and distribution up to 34.5kV, fire alarm, CCTV and card access systems, interior/exterior lighting and lighting controls, grounding and lightning protection, telecommunications and data communications (Cat 6 and fiber), generator and emergency power systems, solar and car charging stations, and underground utilities, delivered to construction management teams, general contractors, and facility owners.
• Maintenance Services 24/7 emergency electrical services with one-hour call response and four-hour crew mobilization, preventative maintenance and testing, and on-site maintenance resources for facilities. Includes emergency power systems support with NFPA 70E and Arc Flash expertise, serving healthcare, pharmaceutical, government, and commercial facility operators requiring continuous uptime.
• Consulting Services Pre-construction services including project coordination, BIM services, and prefabrication planning; risk management including contingency planning and disaster recovery; and energy and sustainability consulting including lighting retrofits, building intelligence systems, and renewable energy solutions that reduce utility costs and carbon footprint for commercial and industrial clients.
• Control Network (CNC) Low-Voltage Services Low-voltage division offering IT infrastructure, fiber optic cable, wireless and data networks, network security, IP telephony, security surveillance, access control, and asset recovery services for commercial and industrial facilities in the Capital Region and beyond. Operates as a wholly-owned subsidiary of Martin Electric since April 2024.
• Solar Energy Solutions Commercial solar energy solutions providing organizations with energy independence through generation and storage from naturally replenished resources, offering reduced and fixed utility costs with turnkey project management from conception through monitoring for commercial and industrial clients.

Quantifiable outcome

• EMR improved from 0.57 to 0.50 over recent years, indicating 43% safer than industry average
• +3 more outcomes

Named customers7 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

Partnerships

14 partnerships are on record, tiered core and minor.

• Control Network Communications (CNC)coreStrategic or Co-development Partner · 17 April 2024Martin Electric acquired Control Network Communications, its long-time collaborator since 1981 renowned for excellence in IT infrastructure, design, and deployment. CNC brings expertise in fiber optic cable, wireless and data networks, network security, IP telephony, security surveillance, access control, and asset recovery.
• Girls Inc. of the Greater Capital RegioncoreStrategic or Co-development PartnerWBE-certified electrical contractor partnered with Girls Inc. for workforce development and community engagement. Martin Electric sponsored a 'Girls in Construction' themed week during Girls Inc.'s 6-week summer camp, contributing $15,000 to provide free camp experiences for 100 local girls and introducing them to STEM and trades careers.
• Hudson Valley Community College (HVCC)coreStrategic or Co-development PartnerLongstanding partnership for workforce development including hosting student visits, participating in career fairs, and international exchange programs. Martin Electric teamed up with HVCC and Turner Construction for Denmark vocational school student tours of Albany International Airport project.
• National Electrical Contractors Association (NECA)coreStrategic or Co-development PartnerCompany is a NECA member and Brian Hart serves as President of NECA Albany Chapter. Martin Electric actively participates in NECA Safety Professionals Conference and industry initiatives.
• International Brotherhood of Electrical Workers (IBEW) Local 236coreStrategic or Co-development PartnerLabor partnership through which Martin Electric employees participate in IBEW apprenticeship programs. Company works with Tri-City Joint Apprenticeship and Training Committee (JATC) for electrician training and workforce development.
• Tri-City Joint Apprenticeship and Training Committee (JATC)coreStrategic or Co-development PartnerPartnership with Tri-City JATC for five-year electrical apprenticeship program combining classroom instruction and hands-on field training to develop skilled journeyman electricians.
• Questar III Youth Apprenticeship ProgramminorStrategic or Co-development PartnerParticipation in Questar III's Youth Apprenticeship Program creating structured bridges between students exploring career opportunities and employers in registered apprenticeship programs. Requires minimum 200 hours during summer internship period.
• Burt CraneminorChannel Partner/ Reseller/ DistributorDBE partner firm in diversity initiative supporting minority and women business enterprise collaboration in construction projects.
• EDGE GlobalminorChannel Partner/ Reseller/ DistributorDBE partner firm in diversity initiative supporting minority and women business enterprise collaboration in construction projects.
• City ElectricminorChannel Partner/ Reseller/ DistributorDBE partner firm in diversity initiative supporting minority and women business enterprise collaboration in construction projects.
• Agile SourcingminorChannel Partner/ Reseller/ DistributorDBE partner firm in diversity initiative supporting minority and women business enterprise collaboration in construction projects.
• Access Safety Products, Inc.minorChannel Partner/ Reseller/ DistributorDBE partner firm in diversity initiative supporting minority and women business enterprise collaboration in construction projects.
• Habitat for Humanity, Capital DistrictminorStrategic or Co-development PartnerCommunity volunteer partnership where Martin Electric employees participate in Habitat for Humanity builds as team-building activities, contributing to affordable housing in the Capital District.
• Northeast Construction Trades Workforce Coalition (NCTWC)minorStrategic or Co-development PartnerProud sponsor of NCTWC's Viking Chair Build event for middle school students, supporting workforce development initiatives to educate, inspire and connect people in pursuit of rewarding trades careers.

Scale indicators7 records

Recent moves6 records

Expansion highlights12 records

Broad incumbents

• MYR Group: Public holding company of specialty electrical construction subsidiaries (e.g., The L.E. Myers Co., Stansell Electric). Operates in commercial/industrial electrical contracting at meaningful scale, with broader geographic and customer reach than Martin Electric.

Direct peers

• Cache Valley Electric: Full-service electrical contractor serving commercial, industrial, and mission-critical markets. Comparable in commercial/industrial electrical installation and low-voltage systems integration similar to Martin Electric's combined high-voltage/low-voltage portfolio.
• Rosendin Electric: Employee-owned electrical contractor specializing in commercial, industrial, and renewable energy construction projects. Comparable in scope of electrical installation services, including renewable/solar builds and BIM-driven prefabrication similar to Martin Electric's offering.
• IES Holdings: National provider of electrical and mechanical infrastructure services for commercial, industrial, and residential markets. Comparable in electrical contracting scope and general contractor/subcontractor delivery model, with public-company financial visibility.
• Faith Technologies: Large national electrical and specialty systems contractor offering design, installation, and maintenance services for commercial and industrial clients. Comparable in core electrical contracting services, though at significantly larger scale and broader geographic footprint.
• Wachter: National electrical contractor and systems integrator offering electrical construction, low-voltage, and IT infrastructure services. Comparable to Martin Electric's CNC-acquired IT infrastructure capabilities and broader commercial/industrial delivery model.
• Helix Electric: National electrical contractor serving commercial, industrial, and data center customers. Comparable in commercial and industrial project delivery, with broader geographic reach than Martin Electric.

Regional players

• Hypower: Commercial and industrial electrical contractor serving the Eastern U.S. with comparable commercial/industrial delivery model. Relatively close peer in scope though with a broader multi-state footprint.
• Wayne J. Griffin Electric: New England-based electrical contractor specializing in commercial and industrial projects. Comparable in service mix (commercial/industrial electrical) and BIM/prefabrication-driven delivery, but operates primarily in Massachusetts rather than New York.

Others

• NECA (National Electrical Contractors Association): Industry trade association of which Martin Electric is a member. Not a competitor; provides industry context, peer benchmarking, and training/safety resources that materially shape Martin Electric's operating environment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@martinelectric1939
• LinkedInlinkedin.com/company/martinelectric
• Instagraminstagram.com/martinelectric_1939

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

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 Martin Electric