Samson Electric, Inc. Company Profile

Background

Overview

Samson Electric, Inc. is a family-oriented electrical contracting firm established on March 11, 1985, by the Samson family in North Pole, Alaska. The company holds State of Alaska General Contractor, Business, and Electrical Administrator licenses, enabling it to operate throughout Alaska, including remote and challenging environments.

Mission and Vision

The mission of Samson Electric is to provide clients with the best value for the highest quality of work within their schedules. The company aims to create a working environment that fosters safety, a desire to learn, and teamwork, ensuring continued growth and profitability.

Primary Area of Focus

Samson Electric specializes in electrical contracting services, including new construction, lighting upgrades, preventative maintenance, and energy management solutions. The company serves a diverse clientele, encompassing office buildings, universities, hospitals, airports, schools, hotels, and retail facilities. Additionally, Samson Electric offers residential services such as generator switches and lighting installations, and undertakes large-scale industrial projects in sectors like healthcare, airports, military facilities, and power plants.

Industry Significance

With over 30 years of experience, Samson Electric has established itself as a reputable contractor in Alaska, known for its commitment to safety, quality, and client satisfaction. The company is fully licensed, bonded, and affiliated with ABC Alaska, reflecting its dedication to maintaining high industry standards.

Key Strategic Focus

Core Objectives

Samson Electric's strategic focus includes delivering high-quality electrical services on time, fostering a safe and collaborative work environment, and ensuring continuous growth and profitability.

Specific Areas of Specialization

Commercial Services: New construction, lighting upgrades, preventative maintenance, and energy management solutions.

Residential Services: Generator switches and lighting installations, ensuring readiness for Alaskan winters.

Industrial Services: Large-scale projects in healthcare, airports, military facilities, and power plants.

Key Technologies Utilized

While specific technologies are not detailed in the available sources, Samson Electric emphasizes the use of up-to-date services and technologies to meet client needs.

Primary Markets or Conditions Targeted

Samson Electric primarily serves the Alaskan market, including both urban and remote areas, addressing the unique challenges posed by the state's diverse environments.

Financials and Funding

Funding History

Specific details regarding Samson Electric's funding history, total funds raised, and notable investors are not publicly disclosed.

Recent Funding Rounds

Information about recent funding rounds is not available.

Intended Utilization of Capital

The company focuses on delivering high-quality services and maintaining a safe and collaborative work environment, which may involve investments in training, equipment, and infrastructure.

Pipeline Development

Samson Electric's pipeline development includes a range of projects across commercial, residential, and industrial sectors. The company undertakes new construction, lighting upgrades, and large-scale industrial projects, ensuring timely and budget-friendly completion.

Technological Platform and Innovation

Proprietary Technologies

Specific proprietary technologies used by Samson Electric are not detailed in the available sources.

Significant Scientific Methods

While specific scientific methods are not mentioned, the company emphasizes the use of up-to-date services and technologies to meet client needs.

Leadership Team

Key Executive Profiles

Michael P. Samson: President

Anthony M. Samson: Secretary

Sylvia L. Samson: Treasurer

David F. Johnson: Vice President

Darrin C. Koloski: Vice President

These individuals have been instrumental in leading Samson Electric, contributing to its growth and reputation in the industry.

Competitor Profile

Market Insights and Dynamics

The electrical contracting industry in Alaska is characterized by a mix of local and national companies, with a focus on serving both urban and remote areas. Companies in this sector compete on factors such as service quality, safety standards, and the ability to handle diverse project types.

Competitor Analysis

While specific competitors are not detailed in the available sources, the industry includes both local firms and larger national companies that offer similar services.

Strategic Collaborations and Partnerships

Samson Electric's affiliations, such as with ABC Alaska, reflect its commitment to industry standards and continuous improvement.

Operational Insights

Samson Electric's strategic considerations include maintaining a strong management and estimating team, ensuring safety and quality in all projects, and fostering a collaborative work environment. The company operates in diverse environments, from urban centers to remote locations, requiring adaptability and a focus on client satisfaction.

Strategic Opportunities and Future Directions

Samson Electric's strategic roadmap involves expanding its service offerings, enhancing technological capabilities, and exploring new market opportunities within Alaska. The company's strengths in safety, quality, and client-focused service position it well to achieve future objectives.