Electric & Gas Technology, Inc.

Electric & Gas Technology, Inc.

ELGT
Electric & Gas Technology, Inc.US flagOther OTC
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9.00Market Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Daniel A. Zimmerman
Full Time Employees
122
Sector
Industrials
Industry
Industrial - Machinery
Address
3233 West Kingsley Road Garland United States of America
IPO Date
Dec 20, 2023
Business
Electric & Gas Technology, Inc. (ELGT) manufactures and provides precision sheet metal fabrication and assembly solutions for telecom and networking cabinetry, electrical controls, electronic enclosures, equipment panels, and other functional and aesthetic sheet metal applications; electronic digital data recorders; mechanical instrumentation products including pressure, temperature, and volumetric recording and indicating devices; engineering and equipment for natural gas odorization; and outdoor enclosures for protecting instrumentation and controls. The company serves natural gas utility, pipeline, and production companies; telecom and electronics firms; and electric utility customers worldwide through subsidiaries such as Reynolds Equipment, Inc., Logic Metals Technology, Inc., Hydel, Ltd., and Atmospheric Water Technology, Inc. Founded in 1967 and headquartered in Garland, Texas, ELGT operates in the industrials sector, focusing on industrial machinery within electrical components and equipment. In recent strategic moves, the company acquired 80% of Logic Metals Technology, Inc. and a 144,000 square foot manufacturing facility from Flextronics, Inc. in 2003 to consolidate operations and support growth in sheet metal fabrication and atmospheric water technologies, projecting significant revenue increases. ELGT continues to leverage its subsidiaries for expanded contract manufacturing and specialized energy infrastructure products amid ongoing market demands.