posted on October 29, 2012 11:41
NEWS RELEASE October 25, 2012
For more information, contact Marie A. Casey or Kenn Entringer at Casey Communications, 314- 721-2828.
Guarantee Electrical, Inc., Founded in St. Louis in 1902, marks 110th Anniversary as Electrical Contractor
Guarantee’s Mission: Extend a 110-Year Record of Legendary Innovation
ST. LOUIS, MO. —Guarantee Electrical Co. (www.geco.com) – one of the oldest electrical contracting firms in the United States – is marking 110 years of legendary innovation. Founded in 1902 to electrify the 1904 St. Louis World’s Fair, Guarantee today employs more than 600 salaried professionals and field personnel, making it one of the larger electrical contractors in the U.S. In addition to a 120,000-square-foot urban campus in St. Louis that features a state-of-the-art fabrication center and multiple warehouses, it operates offices in Illinois, Colorado and California. The company reported revenues of $136 million for its fiscal year ending September 30, 2012.
Primary markets served include healthcare, data centers, heavy industrial, institutional, education, hospitality and government.
A 1950s pioneer in design/build, Guarantee is a nationally acknowledged leader in the discipline. The firm provides full-scope electrical contracting, including comprehensive engineering and design services, LEED/Green construction, prefabrication, value engineering, lean construction, service and preventive maintenance. In addition, Guarantee is a leader nationally in communication and security systems.
Guarantee also is an industry pioneer in empowering its employees. The one-time family-owned company is nearing completion of a multi-year transition to employee ownership.
“It is gratifying to lead a team that is so deeply committed to sharing their well-developed talents with the buyers of construction,” said Guarantee Chairman & Chief Executive Officer Rick Oertli.
Guarantee also is celebrating its 50th anniversary as a founding member of the Federated Electrical Contractors (www.fec.org), an affiliation of 33 major electrical contractors with offices in cities across North America, Europe and Asia initiated in 1962.
The Guarantee Electrical headquarters is located at 3405 Bent Ave. in south St. Louis, Mo. (63116). Its Granite City office, established in 1957, is located at 1500 Grand Ave., Granite City, Ill. (62040). Since 2003, Guarantee has served the Western U.S. region with a full-service office in Denver at 21250 East 31st Circle, Aurora, Colo. (80011) and an industrial office located in Benicia, Calif. (94510).