Lite Electric Inc. Company Profile

Background

Overview

Lite Electric Inc. is a privately held electrical contracting firm specializing in residential, commercial, and industrial electrical services. Established in 2003 and incorporated in Minnesota, the company has been serving the Cokato, Minnesota area for over two decades.

Mission and Vision

While specific mission and vision statements are not publicly available, Lite Electric Inc. is committed to delivering reliable and high-quality electrical solutions tailored to meet the unique needs of each client.

Primary Area of Focus

The company offers a comprehensive range of electrical services, including:

Electrical Additions

Electrical Upgrades

Electrical Wiring

Landscape Lighting

New Construction Wiring

Remodeling Wiring

Rewiring

Industry Significance

Lite Electric Inc. plays a vital role in the local electrical contracting industry, providing essential services that ensure the safety and functionality of electrical systems in various settings.

Key Strategic Focus

Core Objectives

Lite Electric Inc. aims to:

Deliver high-quality electrical services

Ensure customer satisfaction

Maintain safety and compliance with industry standards

Specific Areas of Specialization

The company specializes in:

Residential electrical services

Commercial electrical services

Industrial electrical services

Key Technologies Utilized

While specific technologies are not detailed, the company is likely to employ industry-standard tools and equipment to perform electrical installations, upgrades, and maintenance.

Primary Markets Targeted

Lite Electric Inc. primarily serves the Cokato, Minnesota area, catering to residential, commercial, and industrial clients.

Financials and Funding

Funding History

Detailed financial information, including total funds raised and specifics of recent funding rounds, is not publicly available.

Notable Investors

Information regarding investors is not disclosed.

Intended Utilization of Capital

Specific plans for capital utilization are not publicly disclosed.

Pipeline Development

As a service-oriented electrical contracting firm, Lite Electric Inc. does not have a product pipeline or clinical trials. The company's focus is on delivering electrical services to its clients.

Technological Platform and Innovation

Proprietary Technologies

Lite Electric Inc. does not publicly disclose proprietary technologies.

Significant Scientific Methods

The company adheres to industry best practices and standards in electrical contracting but does not publicly disclose specific methodologies.

Leadership Team

Key Executive Profiles

Paul Pokornowski: President

Professional Background: Paul has been leading Lite Electric Inc. since its inception in 2003.

Contributions: Under his leadership, the company has established a strong presence in the local electrical contracting market.

Competitor Profile

Market Insights and Dynamics

The electrical contracting industry is characterized by a mix of small to medium-sized enterprises serving local markets. Competition is based on service quality, reliability, and customer satisfaction.

Competitor Analysis

Lite Electric Inc. faces competition from other local electrical contractors in the Cokato area. Specific competitors are not identified in the available information.

Strategic Collaborations and Partnerships

Lite Electric Inc. does not publicly disclose any strategic collaborations or partnerships.

Operational Insights

Strategic Considerations

The company focuses on maintaining high service standards and customer satisfaction to differentiate itself in the competitive local market.