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IDEAL ELECTRIC COMPANY

Designs and manufactures high-power electric machinery

Overview

Ideal Electric Company designs and manufactures high-power, specialty electric machinery in the United States, including synchronous and induction motors, electric generators, synchronous condensers, switchgear, and power control systems up to 50 MVA. Its products convert electrical energy to mechanical power or generate electrical energy from mechanical power, and the company provides testing, field service, parts, and repairs from its large Mansfield facility. It differentiates itself as the last 100% privately held, vertically integrated U.S. OEM with an expanded portfolio from acquired IP and product lines, maintaining domestic ownership and in-house manufacturing. Its goal is to preserve legacy equipment support, expand its product and service capabilities, and deliver reliable power solutions for heavy industries such as oil and gas, marine, power generation, mining, infrastructure, and defense.

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About IDEAL ELECTRIC COMPANY

Simplify's Rating
Why IDEAL ELECTRIC COMPANY is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Industrial & ManufacturingEnergyDefense

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Mansfield, OH

Founded

1903

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Simplify's take

What believers are saying

  • Ideal Electric won Richland County's 2025 Economic Excellence award in Mansfield.
  • 2025 website updates highlighted acquired IP, preserving sales into water, energy, oil, mining, military.
  • Ideal Electric's Mansfield site still advertises 40-megawatt capability and 265,000-pound shipments.

What critics are saying

  • Louis Allis litigation remains active in Delaware through November 2, 2026.
  • An adverse 2026 trademark ruling could force rebranding of acquired legacy lines.
  • If injunctions land, IDEAL loses key product names, customer trust, and service revenue.

What makes IDEAL ELECTRIC COMPANY unique

  • Mansfield, Ohio vertically integrated OEM still builds 50 MVA machines with full-load testing.
  • 2023 IP acquisitions from Louis Allis, Beloit, and Fairbanks Morse broaden legacy coverage.
  • Independent American ownership since September 2017 preserves specialty-power manufacturing and service control.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account/Flexible Spending Account
  • 401(k) Retirement Plan
  • Paid Holidays

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