Powell Industries Inc - Company Profile
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Powell Industries Inc (Powell) is an electrical equipment and systems company that designs, manufactures, and supplies solutions for the distribution and control of electrical energy and critical industrial processes. Its products include ANSI Metal-Clad Switchgear, ANSI Metal-Enclosed Switchgear, NEMA Motor Control, Bus Systems, IEC Switchgear, and Nextron Heat Tracing, among others. Powell provides services such as project engineering and integration, maintenance and life extension, retrofit and refurbishment, training and commissioning, and digital automation. It offers engineered and customized electrical solutions for industrial, utility, commercial, and energy markets. The company operates in the US, the UK, Singapore, Canada and Bahrain. Powell is headquartered in Houston, Texas, the US.
Powell Industries Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| ANSI Metal-Clad Switchgear | Powell EPiC | PowlVac |
| PowlVac Switchgear | Project Engineering Services | FlexGear |
| PowlVac Circuit Breakers | Project Procurement Services | FlexBoard |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In July, the company signed an agreement to acquire Remsdaq Ltd., a manufacturer of Remote Terminal Units (RTUs) for electrical substation control and automation in generation, transmission and distribution for US$16.3 million. |
| 2014 | Divestiture | In January, the company sold one of its subsidiary namely, Transdyn Inc for US$16 million to Kapsch TrafficCom IVHS Inc, subsidiary of Kapsch TrafficCom AG. |
| 2013 | Contracts/Agreements | In October, the company signed a contract for US$39 million to supply the packaged electrical power systems to distribute and control the power needs for Phase Two of the Washington DC Dulles Corridor Metrorail Silver Line Extension. |
Competitor Comparison
| Key Parameters | Powell Industries Inc | Siemens AG | General Electric Co | ABB Ltd | Eaton Corporation Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | Switzerland | Ireland |
| City | Houston | Munich | Cincinnati | Zuerich | Dublin |
| State/Province | Texas | - | Ohio | - | - |
| No. of Employees | 3,143 | 317,000 | 57,000 | 111,900 | 97,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brett A. Cope | President; Chief Executive Officer; Chairman | Executive Board | 2016 | 57 |
| Michael W. Metcalf | Chief Financial Officer; Secretary; Treasurer; Executive Vice President | Senior Management | 2018 | 58 |
| James W. McGill | Director | Non Executive Board | 2018 | 70 |
| John G. Stacey | Director | Non Executive Board | 2022 | 60 |
| Mark W. Smith | Director | Non Executive Board | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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