Integrated Electrical Services Explained

IES Holdings, Inc.
Type:Public
Traded As:NASDAQ:
Key People:Jeffrey Gendell (Chairman)

Tracy McLauchlin (CFO)
Industry:Construction & Engineering
Revenue: (2023)[1]
Num Employees:8,000+
Location:Houston, Texas
Website:IES.com

IES Holdings, Inc., formerly known as Integrated Electrical Services, Inc.,[2] designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities

IES is headquartered in Houston, Texas and has 125+ locations with 8,000+ employees[3] across the continental United States.

History

June 26, 1997 incorporates as Integrated Electrical Services Incorporated.[4]

January 27, 1998, Integrated Electrical Services began trading with the symbol (IEE) on the New York Stock Exchange.[5]

In 2002 Integrated Electrical Services was ranked as the largest electrical contractor in the United States, with $ 1.475 billion in revenue.[6]

In February 2006, Integrated Electrical Services filed for chapter 11 bankruptcy[7] and in the same year, three months later, emerged.[8] February 28, 2011 Integrated Electrical Services sold its subsidiary Key Electrical Supply Inc. to Elliott Electric Supply Inc.[9]

In July 2020, Integrated Electrical Services was listed as number five on Houston Chronicle's "list of the region’s 100 best performing public companies".[10]

Business Segments

External links

Notes and References

  1. Web site: Integrated Electrical Services: Fiscal 4Q Earnings Snapshot . December 6, 2019 . . December 17, 2019.
  2. Web site: Company Profile. Fidelity. April 26, 2019.
  3. Web site: About IES Holdings Inc. U.S. News & World Report. December 17, 2019.
  4. Web site: IES Holdings Inc (IESC.O). Reuters. April 28, 2019.
  5. Web site: IES Holdings, Inc. (IEE) IPO. NASDAQ. April 28, 2019.
  6. Web site: The Nation's Top 50 Electrical Contracting Firms. Florence-Fischbach. Amy. September 1, 2003. Informa Electrical Wholesaling. April 29, 2019.
  7. Web site: IES files for bankruptcy protection . Snyder . Byron . February 14, 2006 . Houston Business Journal . November 29, 2020.
  8. (PRN) Integrated Electrical Services Emerges From Pre-Arranged Chapter 11 . May 15, 2006 . . November 29, 2020 .
  9. Web site: Elliott Electric buys Key Electric Supply from IES. Chandler . Doug. March 1, 2011. Informa Electrical Marketing. April 29, 2019.
  10. Web site: No. 5: An electrifying time to be IES Holdings . Wu . Gwendolyn . July 24, 2020 . . November 29, 2020.