IPS acquires Higgins Electric, Inc. of Dothan’s Repair DivisionMegan Thompson
GREENVILLE, SC (January 5, 2016) – Integrated Power Services (IPS), the North American leader in the service and resale of electric motors, generators and mechanical power transmission components, purchased the Industrial Repair Division of Higgins Electric, Inc. of Dothan, located in Dothan, Alabama.
Leading industrial service provider broadens service coverage along the Gulf Coast with its seventh Southeast service center, and twenty-fifth location in North America
The Dothan Service Center will continue to perform its services and provide an unmatched customer experience, while becoming part of a larger North American service provider with a broader range of capabilities. The acquisition of the Dothan Service Center combined with the recent announcements of new service center openings in Erie, PA and Southwest Louisiana expands IPS to 25 locations across North America. This industry-leading network of locations provides engineering, repair services, field services, product sales, manufacturing and asset storage.
This is the sixth strategic acquisition by IPS since 2008, including the prior purchases of Electro-Mec, The Monarch Electric Group, TRICO TCWIND, Industrial Apparatus Service and KVA Dynamo/B+B Dynamo & Armature/King’s Electric Motors.
“This acquisition is an important step for IPS as we continue to further expand in the Gulf Coast region to better serve our customer base,” said John Zuleger, IPS President & CEO. “We were impressed with Higgins Electric’s people, values and their capabilities and look forward to integrating them with our service offering coast to coast. We continue to execute on our strategic plan to diversify, strengthen and grow our business and provide our customers with safety, quality, customer service and value.”
Headquartered in Greenville, South Carolina, IPS offers North American coast-to-coast coverage and 24/7 reliability to over 4,000 customers across a wide range of capital-intensive industries.
Integrated Power Services, or IPS, is the leading provider of electric motor and generator repair services in North America for continuous process industries, including power generation (wind, nuclear, hydro and fossil), petrochemical, oil & gas, metals, mining, paper and aggregates & cement. Headquartered in Greenville, SC, with twenty-two locations coast to coast, the company offers in-shop repair services, field services, product sales and unit exchange, asset storage and custom manufacturing on a local, regional and national scale. For more information, visit www.ips.us, www.ips.ca or contact your regional IPS sales representative.
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