Deal Adds Remanufacturing, Field Services, and Distribution to IPS’s Growing Power Management Business
(Greenville, SC — June 03, 2024) IPS, a leading solution provider for electromechanical equipment, rotating equipment, and power management systems in North America and the United Kingdom, has strengthened its power management portfolio with the acquisition of Midwest Switchgear Services.
This strategic acquisition allows IPS to expand its reach across the Midwestern United States, delivering a comprehensive suite of power management solutions tailored to meet the needs of industrial, commercial, utility, and renewable energy markets. We are excited about the possibilities this partnership brings and are committed to offering our customers the highest quality of service and products.
Midwest Switchgear is based in Hamilton, Ohio, and provides low- and medium-voltage electrical services for customers in power generation, steel and aluminum, pulp and paper, and refineries. Midwest’s offering focuses on circuit breakers, switchgear, motor control center equipment, low-voltage solid-state trip retrofits, and relay panels.
Founded in 2003, Midwest has built a strong reputation through Ohio, Kentucky, Indiana, West Virginia, and Tennessee. Its acquisition gives IPS deeper bench strength in engineering, remanufacturing, field services, and increased regional presence in the Midwest and Southeast.
The Midwest Switchgear deal gives the IPS network 81 locations, including 51 full-service electromechanical remanufacturing centers and 12 power management remanufacturing locations spanning the United States, Canada, the United Kingdom, Europe, and the Caribbean.
“Midwest Switchgear, an industry leader in power distribution equipment services, today announces an exciting partnership with IPS, a world-class industrial solutions provider. IPS’s strong network of existing repair and engineering services combined with Midwest Switchgear’s geographical presence in the Midwest offers customers and industry the most complete and comprehensive single-source solutions provider,” said Jim Caplinger, Midwest Switchgear President. “Midwest Switchgear takes pride in joining forces with IPS, which we feel is the right home for our employees and the best company to serve our customers going forward. As we integrate Midwest Switchgear into IPS, we eagerly anticipate playing a pivotal role in shaping our future and bringing IPS solutions and growth strategies to the Midwest market.”
“Renowned in the Power Management sector for its expertise in breaker, switchgear, and field service solutions, Midwest Switchgear’s integration into the IPS family promises an enriched array of offerings for customers across the Midwestern region of the United States. This expansion encompasses power management equipment and services tailored to industrial, commercial, utility, and renewable energy markets,” said Shannon Moses, IPS Senior Vice-President for Power Management. “IPS remains steadfast in its commitment to revolutionize reliability, persisting in its journey and vision. As we strive to become the trusted advisor sought by customers, we pledge to serve as a single-source supplier capable of addressing their most critical challenges in power management, electromechanical, and rotating equipment through our ability to respond, rethink, and resolve.”
For more information on IPS or Midwest Switchgear or to arrange an interview with IPS senior management, contact Megan Thompson, IPS Director of Marketing, at 864.451.5636 or [email protected].
About Integrated Power Services
Headquartered in Greenville, South Carolina, IPS has the industry’s largest network of locations, with service centers, distribution centers, and field service offices across North America and the United Kingdom, combining industry-specific experience with comprehensive engineering resources to revolutionize reliability for customers. For more information, visit www.ips.us.