Summary

Lake Electric Co. Inc

Founded in 1991

Description

Lake Electric Co. Inc. is a commercial electrical services company based in Hickory, NC. With over 30 years of experience, Lake Electric is known for their commitment to doing the job right. They offer a wide range of electrical services, including ins...

Strengths

  • Lake Electric Co. Inc has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Since Lake Electric Co. Inc was founded, the company has grown faster than the industry average

Weaknesses

  • Variance of revenue growth is more than the industry average

Annual Revenue

Lake Electric Co. Inc's annual revenue

$20872000

Based on Kona Equity data

  • Revenue per employee

    $231911

  • Variance of revenue growth

    16.31

  • Annual revenue growth since founding

    $533763

  • Revenue growth rate from first known quarter to current

    120.5%

Employee Count

90 employees

  • Employee growth rate from first known quarter to current

    93.5%

Executives

Eugene Darmer

Project Manager & Estimator

e**@lakeelectric.com

Bynum Caldwell

President & Chief Executive Officer

b**@lakeelectric.com

Bill Rutledge

President

b**@lakeelectric.com

Michael Lake

Owner

m**@lakeelectric.com

Darren Hunt

Master Electrician Owner

d**@lakeelectric.com

Robert Sponhouse

Supervisor

r**@lakeelectric.com

Nathan Modlin

Manager, Operations

n**@lakeelectric.com

Mitchell Hunt

Owner and Master Electrician and Contractor

m**@lakeelectric.com

Alex Caldwell

Engineering Apprentice and Field Supervisor

a**@lakeelectric.com

Jason Norwood

Electrician

j**@lakeelectric.com

Michael Sronce

Estimator

m**@lakeelectric.com

Jonathan Doyle

Business Owner

j**@lakeelectric.com

Jeff Meadows

Electrical Supervisor

j**@lakeelectric.com

Brenda Sigmon

Secretary

b**@lakeelectric.com

Michael Phillips

Lead Electrician

m**@lakeelectric.com

Cassie Godfrey

Executive Assistant

c**@lakeelectric.com

Justin Bragg

Electrician

j**@lakeelectric.com

Harold Ewing

Electrician

h**@lakeelectric.com

Lee Burnette

Electrician

l**@lakeelectric.com

Brian Custer

Electrician

b**@lakeelectric.com

G Score - 5

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

4362 PROVIDENCE MILL Rd. 
Maiden, NC  28650

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Key Information

  • NAICS: 23821; 238210
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Lake Electric Co. Inc.

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Frequently Asked Questions

Where is Lake Electric Co. Inc located?

Lake Electric Co. Inc's headquarters are located at 4362 PROVIDENCE MILL Rd.  Maiden, NC  28650.


What is Lake Electric Co. Inc's official website?

Lake Electric Co. Inc's official website is lakeelectric.com


What is Lake Electric Co. Inc's revenue?

Lake Electric Co. Inc's annual revenue is $20.9 M.


What is Lake Electric Co. Inc's NAICS code?

Lake Electric Co. Inc's NAICS: 23821; 238210.


How many employees does Lake Electric Co. Inc's have?

Lake Electric Co. Inc has 90 employees


What industry does Lake Electric Co. Inc belong to?

Lake Electric Co. Inc is in the industry of Construction.

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