American Wire Group (AWG) Comprehensive Report
Company Overview
American Wire Group (AWG) is a leading supplier and manufacturer of wire and cable products, offering a wide range of solutions for electrical utilities, renewable energy, and electrical transmission and distribution markets. Based in Miami, Florida, AWG maintains a global distribution network with facilities in California, Pennsylvania, and Texas. The company is ISO 9001:2015 certified for quality management and offers an extensive inventory, including grounding wires, transmission and distribution cables, and products for wind, solar, battery energy storage (BESS), and electric vehicle infrastructures.
Key Executive Team
- Robert “Bob” Dorfman, Chairman/Founder: With over 40 years in the electrical industry, he is central to AWG's strategic operations.
- Michael Dorfman, Chief Executive Officer: Joined in 2003, focusing on sales, marketing, and vendor alliances, driving market expansion.
- Joshua Dorfman, President: Since 2007, he has led strategic efforts in renewable energy and power transmission.
- Norman Russell, Chief Revenue Officer: With 32 years of experience, he facilitates AWG’s focus on electrical utilities and renewable markets.
- Arthur Damast, Chief Strategic Officer: Advises on AWG's global expansion with over 50 years in manufacturing leadership.
- Maria Dlagnekova, Chief Technology Officer: Brings extensive renewable project development experience.
- Patricia Pinter, Chief Financial Officer: Focuses on financial strategy, leveraging her history in global corporations.
- Felipe Cam, Chief Information Officer: Heads digital network advancements and technology efficiency.
Additional leadership roles include:
- Scott Moore, VP Renewables, Eastern Region
- Xia Chafel, VP Procurement and Supply Chain
- William Brewer, Director Renewable Sales
- Cristal Ocampo, Director Accounting
- Tom Adelman, Director Purchasing
- Diego Ocampo, Sales Director, Puerto Rico & Caribbean Region
Financial Performance and Market Position
AWG’s estimated annual revenue stands at $20.6 million, with a workforce of 84 employees, resulting in a revenue per employee ratio of approximately $245,000. The employee count has grown by 5% over the last year. AWG has invested in product innovation and market expansion, such as launching the AerialGuard® System Solutions and investing in infiniRel's renewable energy startup.
Recent Developments
- Technology & Innovation Division: Launched in January 2023, it represents AWG’s commitment to integrating advanced technologies in the energy sector.
- Geographic Expansion: The opening of a distribution facility in Katy, Texas, in December 2022, enhances AWG's logistical capabilities.
- Leadership Appointments: Recently appointed Amy Sadusky as VP of Regional Sales within the Utility division and introduced Felipe Cam as the inaugural CIO.
Strategic Initiatives
AWG aligns its goals with its mission to "Empower a Better World" by emphasizing renewable energies and infrastructure technologies. The company offers comprehensive lifecycle support from cable management to emergency services, reinforcing its position as a trusted service provider. Its expansive distribution network and technical prowess bolster AWG’s competitive standing in the utilities, renewable, and industrial markets.
Competitor Analysis
AWG operates in a highly competitive landscape alongside notable competitors:
1. Teledyne Oil & Gas
- Annual Revenue: $55.5 million
- Employees: 206
2. Onshore Construction
- Annual Revenue: $101.4 million
- Employees: 331
3. MAS Energy
- Annual Revenue: $2.1 million
- Employees: 14
4. Holtec International
- Annual Revenue: $415.7 million
- Employees: 1212
5. America Approved Energy Services
- Annual Revenue: $11.9 million
- Employees: 54
6. Giant Oil
- Annual Revenue: $21.6 million
- Employees: 88
7. Liberty Power Corporation
- Annual Revenue: $64.7 million
- Employees: 240
AWG distinguishes itself through a strong focus on renewable energy sectors, particularly wind power, and its adaptable product offerings.
Strategic Insight
Leveraging its five decades of experience in electric utilities and wind energy, AWG maintains a competitive edge with a focus on cost-effectiveness and agility. It adeptly addresses both routine operations and emergency scenarios. AWG's innovation, such as the Towerguard CCA 2kV DLO, ensures its continued relevance in the evolving energy landscape.
Online Presence
Stay connected with American Wire Group through their social media profiles and updates on recent initiatives and market strategies.
