D.R.B. Electric, Inc. Company Profile
Background
D.R.B. Electric, Inc. is a prominent electrical contracting firm based in Albuquerque, New Mexico. Established in 1986 by native New Mexicans Randy and Denise Baker, the company has built a reputation for delivering high-quality electrical services across residential, commercial, governmental, and industrial sectors throughout New Mexico and Arizona. The company's mission emphasizes a team-oriented approach to ensure complete customer satisfaction, offering services at competitive prices without compromising on quality. D.R.B. Electric is recognized as one of the Top 25 woman-owned businesses in New Mexico, underscoring its significant role in the regional industry.
Key Strategic Focus
D.R.B. Electric's strategic focus encompasses:
- Comprehensive Electrical Services: Offering a wide range of services including construction, maintenance, and IT technologies.
- Specialization Areas:
- Construction: Expertise in commercial, industrial, institutional, and residential projects, including design-builds and tenant improvements.
- Maintenance: Providing 24-hour service, troubleshooting, code upgrades, energy management, and lighting retrofits.
- IT Technologies: Services such as structured cabling systems, fiber optic cabling, CCTV systems, and audio/video systems.
- Target Markets: Serving a diverse clientele across New Mexico and Arizona, including general contractors, homeowners, and various industries.
Financials and Funding
As of the latest available data, D.R.B. Electric's estimated annual revenue is approximately $4.7 million, with an estimated revenue per employee of $203,000. The company employs around 23 individuals. Specific details regarding funding history and recent funding rounds are not publicly disclosed.
Pipeline Development
D.R.B. Electric has successfully completed numerous projects, including:
- Albuquerque International Sunport: Terminal building additions and renovations, incorporating environmentally friendly systems.
- Church of the Incarnation: Construction of a 26,700 sq.-ft. church reflecting Romanesque architecture.
- Farm Credit of New Mexico: Design-build project for a 25,000 sq.-ft. corporate headquarters.
- Hotel Parq Central: Renovation of a historic building into a modern hotel with integrated technology.
- Isleta Casino Wastewater Treatment Plant: Expansion and upgrade of the plant, including installation of the "Dragon Dryer" system.
- McLeod Mountainside Family YMCA: Renovation and addition to the YMCA facility.
- Sandia Laboratory Federal Credit Union: Construction of a new 9,300 sq.-ft. building with unique lighting fixtures.
- St. Michael & All Angels Episcopal Church: Renovation and addition to the church's ministry complex.
- University of New Mexico Projects: Including classroom modernization at Dane Smith Hall and renovations at the Health Sciences Center.
Technological Platform and Innovation
D.R.B. Electric distinguishes itself through:
- Proprietary Technologies: Utilization of advanced lighting controls and energy-efficient systems to reduce consumption and maintenance costs.
- Scientific Methodologies: Implementation of structured cabling systems, fiber optic splicing, and certification to ensure high-quality IT infrastructure.
- AI-Driven Capabilities: While specific AI-driven capabilities are not detailed, the company employs modern technologies in its projects to enhance efficiency and performance.
Leadership Team
- Denise Baker: President and CEO, co-founder of D.R.B. Electric, instrumental in establishing the company's reputation and growth.
- Randy Baker: Vice President and COO, co-founder, overseeing operations and ensuring project excellence.
- Debbie Cunningham: Office Coordinator, managing administrative functions and supporting company operations.
Leadership Changes
No recent significant changes or appointments within the company's leadership have been reported.
Competitor Profile
Market Insights and Dynamics:
- Market Size and Growth Potential: The electrical contracting industry in New Mexico and Arizona is competitive, with steady demand driven by construction and infrastructure projects.
- Industry Trends: Increasing emphasis on energy efficiency, smart technologies, and sustainable practices.
Competitor Analysis:
- PAINTSMITH: Estimated revenue of $4.7 million, 23 employees, focusing on painting services.
- LUBRICAR: Estimated revenue of $2.3 million, 23 employees, specializing in automotive services.
- Electric Playhouse: Estimated revenue of $3.3 million, 23 employees, offering interactive entertainment experiences.
- Thunder Scientific: Estimated revenue of $5.7 million, 23 employees, providing calibration services.
- Simply Design: Estimated revenue of $4 million, 23 employees, focusing on design services.
Strategic Collaborations and Partnerships
D.R.B. Electric is actively involved in various organizations, including:
- American Heart Association - Go Red for Women
- Explora Science Museum
- First United Methodist Church
- New Mexico History Museum
- New Mexico Horse Breeders Association
- New Mexico Women in Film
- Rio Grande School Cluster
- Sister Cities International
- South Valley Exchange Club
- The Association for Women in Communications
- UNM Lobo Club
These affiliations reflect the company's commitment to community engagement and industry collaboration.
Operational Insights
D.R.B. Electric's strategic considerations include:
- Market Position: As a Top-25 woman-owned business in New Mexico, the company holds a strong position in the regional market.
- Competitive Advantages: Emphasis on quality, safety, and customer satisfaction; diverse service offerings; and a dedicated leadership team.
Strategic Opportunities and Future Directions
D.R.B. Electric's strategic roadmap focuses on:
- Expansion: Exploring opportunities to extend services within New Mexico and Arizona.
- Innovation: Integrating advanced technologies and sustainable practices into projects.
- Community Engagement: Continuing active participation in community and industry organizations to strengthen relationships and brand presence.
Contact Information
- Website: www.drbelectric.com