Channel News: 2.4.2010

Contractor Roundup

Acquisitions—

Aladdin Electric—that’s the name under which the merged contracting companies of Aladdin Electric and Wise Electric will do business going forward, after a merger that took place Jan. 1.

CPS Security Solutions—this Los Angeles-based “security and remote solutions provider,” which has 2,500 employees, has acquired D&M Communications (Duarte, Calif.), a 24-year-old installer of structured cable systems.

EGPI Firecreek—this company, with stock traded on the OTC bulletin board, has acquired SouthWest Signal Corp., which offers expertise in signalization, lighting, signing, and intelligent traffic systems, for $3.3 million. EGPI said SWSC has had $14 million in annual revenue in each of 2007 and 2008. It was EGPI’s second acquisition; the first was South Atlantic Traffic.

Safeguard Security & Communications—this Scottsdale, Arizona-based provider of security systems has acquired Protection Systems (Phoenix), which installs and monitors fire alarms. Safeguard adds 22 employees in the deal, bringing it to about 335.

ATAZZ Technical Services (Sacramento, Calif.)—this woman-owned minority business enterprise, founded March 2006, signed an exclusive vendor agreement with Pro-Tech Industries. ATS performs structured cabling services design/installation “through an outsourced labor model.” According to the Pro-Tech release: “ATAZZ is one of the preferred existing contractors for some of the nation’s largest Telecommunication carriers and will subcontract the structured cabling services to Pro-Tech.”

Brenco Energy Concepts (Oneida, N.Y.)—the company’s “licensed electrical contractors and network of engineers offer a comprehensive power system analysis, recommendations for power system modifications, and other advantages—such as a third-party certification of reduced energy consumption.” The operation is a division (according to Indian Country Today) of Brenco Industrial Services, “ a Dallas-based Native American-owned commercial construction company.”

Central Electric (Salt Lake City)—celebrated its 100^th year on Jan. 5. The company was launched by LeGrand Robbins, working out of his house; he needed two phone lines (back then the city, according to The Enterprise, had two phone companies). Among other work, he reportedly “designed and oversaw the movement of the electrical and phone lines from overhead to underground” in downtown SLC.

Dynalectric Oregon—this EMCOR Group unit will install electrical systems, voice-data, security, and site lighting at Oregon State Hospital.

Guarantee Electric (St. Louis)—completed work at Waterloo High School (a new $38 million, 227,000-square-foot building). The company installed “innovations to help reduce the school’s annual energy usage by about 36,500 kWh from initial projections when the new building was designed,” the St. Louis Post-Dispatch reported.

Matrix Systems (Dayton, Ohio)—finally, after 30 years, it won a contract to serve the Dayton airport (in its hometown). The company provides electronic security and access-control systems, according to the Dayton Daily News, and will serve as a subcontractor on the job to Wagner-Smith (an EC). Providing the access-control and video-surveillance systems is worth $1.3 million to Matrix.

Premier Electrical Contracting (Cleveland)—won a $148,647 contract from the General Services Administration “to provide upgrading services for HVAC, lighting, and building.”

Sachs Electric (St. Louis)—is the electrical contractor for “one of the region’s largest projects,” according to the St. Louis Business Journal—the $130 million patient tower, entryway, and garage of the Missouri Baptist Medical Center.