American Electric Technologies Inc (NASDAQ:AETI)

7.34
Data as of Sep 18
 -0.05 / -0.68%
Today’s Change
5.67
Today|||52-Week Range
11.21
-26.45%
Year-to-Date
SECTOR
Electronic Technology
INDUSTRY
Telecommunications Equipment
MARKET CAP
$60.4M

Company Description

American Electric Technologies, Inc. provides power delivery solutions to the traditional and renewable energy industries. The company operates its business in three segments: Technical Products & Services, Electrical & Instrumentation Construction and American Access Technologies. The Technical Products & Services segment develops, manufactures, provides and markets switchgear and variable speed drives. The service component of this segment includes retrofitting equipment upgrades, startups, testing and troubleshooting electrical substations, switchgear, drives and control systems. This segment has three components: Power Distribution Equipment, Power Conversion Equipment and Electrical Services. The Power Distribution Equipment group designs, manufactures, markets and provides products designed to distribute the flow of electricity and protect electrical equipment, such as motors, transformers and cables. It also manufactures complimentary equipment including motor control centers, bus duct, and the power control rooms. The Power Conversion Equipment group provides products that convert AC and DC power into usable power using a variety of technologies. The Electrical Services group includes both technical services and power services. The Technical services include global start-up and service of AETI power conversion systems, electrical equipment retrofits and upgrades. The Electrical & Instrumentation Construction segment provides a full range of electrical and instrumentation construction and installation services to the land and offshore drilling, municipal water and wastewater facilities industries, other heavy commercial and industrial markets, and renewable energy industry. This segment's services include new construction, as well as electrical and instrumentation turnarounds, upgrades, maintenance, and renovation projects. Applications include installation of switchgear, AC and DC motors, drives, motor controls, lighting systems, and high voltage cable. Marine based contracts include complete electrical system rig-ups, modifications, start-ups and testing for vessels, drilling rigs, and production platforms. The American Access Technologies segment manufactures and markets zone cabling enclosures and manufactures formed metal products. The zone cabling product line provides state-of-the-art flexible cabling and wireless solutions for the high-speed communication networks found throughout office buildings, hospitals, schools, industrial complexes and government buildings. American Electric Technologies was founded in 1946 and is headquartered in Houston, TX.

Contact Information

American Electric Technologies, Inc.
6410 Long Drive
Houston Texas 77087
P:(713) 644-8182
Investor Relations:

Employees

Shareholders

Mutual fund holders--
Individual stakeholders--
Other institutional--

Top Executives

Charles M. DauberPresident, Chief Executive Officer & Director
Andrew Lewis PuhalaCFO, Secretary, SVP & Head-Investor Relations
Neal T. HareSVP, Chief Technology & Manufacturing Officer

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