Precision Electric Co Inc

What Precision Electric Co Inc does

Precision Electric Co Inc, operating as Precision Motor & Pump Services, is a family-owned industrial service company founded in 1946 in Phoenix, Arizona by Virgil W. Dake and now in its third generation of Dake family leadership. The company sells, services, and repairs electric motors and pumps for industrial customers, operating from three Arizona locations (Phoenix headquarters, Mesa, and Yuma) and providing 24/7 field service, in-shop repair, and walk-in counter sales across the Southwestern United States. Service capabilities span motor and generator rewinding, pump reconditioning, custom controls fabrication, preventive maintenance, and licensed water well services, with motor horsepower coverage from 1/100 HP to 15,000 HP.

The underlying technology stack is mechanical and electrical rather than digital: in-shop capabilities include Vacuum Pressure Impregnation (VPI) treatment, temperature-controlled burnout ovens, core-loss testing, computer balancing, and laser alignment; field capabilities include vibration analysis, thermal imaging, and laser alignment for predictive maintenance. The company distributes motor and pump product lines from major OEMs including GE, Baldor, WEG, A.O. Smith, US Electric/Nidec, AmeriMex, Siemens/Furnas, Motortronics, and Emerson, and fabricates custom control panels and VFD-based systems in-house. Precision Electric now operates as a subsidiary of Industrial Service Solutions (ISS), a national industrial service conglomerate with 50 U.S.-based shops and service locations.

Revenue is generated through a mix of hardware sales (new motors, pumps, drives, controls) and professional services (repair, rewind, field service, water well services), with project-based quote pricing that ranges from under $10,000 to over $2.5 million per project. Customer segments span power generation, mining, water/wastewater, chemical, oil and gas, general industrial, food and beverage, and marine verticals. Go-to-market is dominated by direct enterprise field sales, primary methods being phone-based quoting, walk-in counter sales at three physical locations, and an e-commerce portal at eIndustrialsolutions.com; free pickup and delivery within the service area is offered as a customer convenience.

Name

Precision Electric Co Inc

Legal name

Precision Electric Company

Website

https://precisionelectric.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

1–10 employees

Short description

Precision Electric Co Inc is a family-owned industrial service company, founded in 1946 and now in its third generation, selling, servicing, and repairing electric motors and pumps from three Arizona locations with 24/7 field, shop, and counter support for industrial customers across the Southwestern United States.

Ownership category

akta.pro rank

Product category

Industrial Motor and Pump Services

NAICS

Motor and Generator Manufacturing (335312), Electronic and Precision Equipment Repair and Maintenance (81121)

SIC

Motors & Generators (3621), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

AC Motors (Induction, Synchronous) (IMAGACAA)

akta.pro secondary industry

Motor Control Centers & Motor Protection (Overload Relays, Protection, Monitoring) (IMAGACAI)

Keywords

• Electric motor services
• Pump repair services
• Industrial motor rewinding
• Motor and pump sales
• Industrial field service

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Motor and Pump Sales: Sales of new electric motors (1/100 to 15,000 HP), motor controls, drives, pumps, and related components including AC/DC motors, adjustable speed drives, gear motors, and various pump types
2. Motor and Generator Repair & Rewind Services: Electric motor and generator repair, inspection, evaluation, stator/armature rewinding, bearing/pulley/coupling replacement, and testing services performed in-shop or at customer site
3. Pump Service, Reconditioning & Repair: Pump, compressor, and blower repair, rebuilds, corrosion and wear coatings, NDE inspections, machining, welding, fabrication, and skid installation services
4. Field Service: On-site field service including motor and pump removal, installation, preventive maintenance, troubleshooting, startup, vibration analysis, laser alignment, and thermal imaging
5. Counter Sales: Walk-in counter sales of motors, pumps, seals, couplings, bearings, pulleys, and controls including soft starters, variable frequency drives, and magnetic starters
6. Water Well Services: Water well pump removal/installation, rehabilitation, repair, video surveying, electrical and piping services, and custom fabricated booster pump stations

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Precision Electric provides sales, service, and repair of electric motors, pumps, and motor controls for industrial customers. Operations span in-shop rewinds and reconditioning, on-site 24/7 field service, walk-in counter sales of new motors and parts, and specialized licensed-and-bonded water well services across Arizona and the Southwestern United States.

Product overview

Precision Motor & Pump Services provides a comprehensive portfolio of motor and pump products and services for industrial applications. The company sells motor products (AC/DC motors, adjustable speed drives, gear motors, servo motors) from manufacturers including GE, Baldor, WEG, and A.O. Smith, pump products (gear, centrifugal, vertical-turbine, submersible, progressing-cavity, and fire pumps), and custom control panels (variable frequency drives, soft starters, motor control panels). Services include electric motor repair and rewind, pump reconditioning and repair, 24/7 field service support, counter sales, and specialized water well services across the Southwestern United States. The company operates three Arizona locations (Phoenix, Mesa, Yuma) and maintains parts and inventory from 1/100 to 15,000 HP.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Products

Segments8 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and flagship.

• Delco Electric MotorscoreChannel Partner/ Reseller/ DistributorFirst distributor agreement signed in 1949 with Delco Electric Motors, one of the largest electric motor manufacturers in the country at the time. This was the company's first major distributor partnership that launched Precision's growth trajectory.
• General ElectriccoreChannel Partner/ Reseller/ DistributorLong-standing distributor partnership with General Electric for electric motors and related products.
• Century ElectriccoreChannel Partner/ Reseller/ DistributorDistributor partnership for Century Electric motor products.
• Baldor Electric CompanycoreChannel Partner/ Reseller/ DistributorDistributor partnership for Baldor motors and drives. Baldor products are also mentioned in custom controls offerings including Baldor Drives.
• Universal Electric MotorscoreChannel Partner/ Reseller/ DistributorDistributor partnership for Universal Electric motor products.
• Emerson Electric MotorscoreChannel Partner/ Reseller/ DistributorDistributor partnership for Emerson Electric motor products.
• Industrial Service Solutions (ISS)flagshipStrategic or Co-development PartnerParent company of Precision Electric. ISS is a national industrial service company with 50 U.S.-based shops and service locations. Provides process equipment services, rotating equipment services, and a broad set of field, shop, and supply value propositions serving multiple industrial and commercial markets.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Motion Industries: Industrial distribution powerhouse offering motors, drives, pumps, bearings, and MRO services to industrial customers nationwide. Competes with Precision Electric's counter sales and motor/pump distribution model at significantly larger scale.
• Applied Industrial Technologies: Large industrial distributor of bearings, power transmission, fluid power, and motor/pump products, with growing service capabilities. Directly comparable distribution-side overlap with Precision Electric's counter sales and motor/pump offerings.
• ABB (Baldor): ABB owns the Baldor motor brand, which is one of Precision Electric's distributor partners. ABB competes at the OEM level and through its global service network, offering motor sales, repair, and digital condition-monitoring as part of a much broader industrial portfolio.
• Nidec Motor Corporation: Major global motor manufacturer (U.S. brand US Electric/Nidec explicitly listed as a Precision Electric supplier). Overlaps with Precision Electric's motor distribution and service line as a large, multi-vertical industrial motor incumbent.
• Kaman Industrial Technologies: Industrial distribution and custom motor/pump control provider, now part of Motion Industries. Competes with Precision Electric's combination of motor sales, custom controls, and industrial service offerings.
• WEG Electric Corp. Global motor and drive manufacturer. WEG is both an OEM partner for Precision Electric (motor distribution) and a competitor through its own service network, making it a broad incumbent in the same product category.

Direct peers

• Smith Pump Company: Independent industrial pump and motor sales, service, and repair company with multiple locations. Direct overlap with Precision Electric's pump service, rewind, and field service business in the industrial water/wastewater sector.
• Integrated Power Services (IPS): IPS is a leading North American provider of electric motor, generator, and mechanical equipment repair and field services. It directly competes with Precision Electric in rotating-equipment service, rewind, and on-site industrial support, with a substantially larger national footprint.
• Hupp Electric Motors: Long-standing independent motor and pump sales, service, and repair shop similar to Precision Electric. Competes head-to-head on counter sales, motor rewind, and field service for industrial customers in the U.S. Midwest/South.
• Continental Electric Motor Services: Independent motor and pump repair, rewind, and field service provider. Comparable in scope and customer type to Precision Electric's shop repair, rewind, and on-site industrial service operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/precision-electric-co-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Precision Electric Co Inc