Through a series of acquistions, IPS expands its presence in the western United States in 2021
Integrated Power Services expanded its presence in the western United States through a series of strategic acquisitions throughout 2021. In 2021, the company purchased Industrial Electric Machinery (IEM), Reed Electric & Field Service and A+ Electric Motor. With the acquisitions, IPS accelerates its offerings in electric motor repair and field services, while also expanding its renewables business in the wind, solar, hydro and geothermal renewable energy markets. Following the completion of the sales, IPS added seven new service and repair facilities in California, Nevada and Montana.
New Activity|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.