Trystar Company Profile
Overview
Trystar, headquartered in Faribault, Minnesota, is a prominent player in the electrical power solutions industry. The company specializes in the design, manufacturing, and supply of durable and innovative power distribution equipment. Trystar’s main production facility, located in Faribault, creates high-quality products such as portable power distribution units, cables, and generator docking stations engineered to exceed industry standards. The company's offerings are known for their durability and performance, even under extreme conditions.
Key Offerings
Trystar's comprehensive range of products includes:
- Portable Power Distribution
- Load Banks
- Power Conditioning and Monitoring Equipment
- Emergency Lighting Inverters
- Transfer Switches
- Rectifiers using advanced AACD technology
The company also excels in providing custom-engineered solutions tailored to specific industry challenges across diverse sectors, including Data Centers, Healthcare, Entertainment, Construction, Military, and Utilities. Their products play a vital role in applications requiring reliable power solutions, particularly in disaster response and portable renewable energy scenarios.
Leadership Team
Leading the company is AJ Smith, the Chief Executive Officer, who has driven Trystar's significant growth and alignment with modern energy needs, such as renewable energy transition. Kevin Thayer serves as Chief Commercial Officer, focusing on strategy and customer engagement. Financial management and strategic investments are overseen by Anne Fischer, Chief Financial Officer, while John R. Dixon, Chief Operating Officer, ensures operational efficiencies.
Customer Engagement and Innovation
Trystar emphasizes a relationship-based customer service model, fostering trust and collaboration to develop innovative solutions, like their patented solenoid interlock for docking stations. Their commitment to environmental sustainability is demonstrated through portable renewable energy solutions aimed at reducing carbon emissions in partnership with clients, aligning with their ESG goals.
Strategic Positioning
Trystar has experienced a robust growth trajectory, with an estimated annual revenue of $72.5 million and a workforce of 269 employees — a 52% increase from the previous year. The company's recognition as Business of the Year in 2021 underscores its significant impact on the local business community and its strong market position.
Competitive Landscape
Trystar operates in a competitive landscape with key competitors including:
- Davis and Associates: $9.2 million annual revenue, 47 employees, 21% employee growth.
- Holaday Circuits: $11.5 million annual revenue, 52 employees, 7% decrease in employee growth.
- Sanus Systems: $4.5 million annual revenue, 26 employees, 8% employee growth.
- ERICO: $153.4 million annual revenue, 501 employees, 6% employee growth.
- All Flex Flexible Circuits and Det-Tronics: with revenues of $27.4 million and $116.7 million respectively, showcasing a diverse capability range and market presence.
Address and Contact Information
Trystar’s headquarters are located at 15765 Acorn Trail, Faribault, MN 55021. They can be reached via phone at 507-333-3990. The company is active on social media platforms such as LinkedIn, Twitter, and Facebook, facilitating global communication and accessibility with stakeholders and customers.
By continually expanding its workforce and maintaining strategic growth under an adept leadership team, Trystar is well-positioned amidst competitive pressures from both regional and larger-scale industry rivals.
