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Goldfield Corp  (GV)
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    Sector  Capital Goods    Industry Construction Services

Goldfield Corp

Business Description


Goldfield Corp is a leading provider of electrical construction and maintenance services in the United States. The company was founded in 1906 and is headquartered in Melbourne, Florida. Goldfield focuses on the installation, maintenance, and upgrade of electrical transmission and distribution infrastructure for utilities, municipalities, and private sector clients.

The company operates through two main business segments, Electrical Construction and Power Systems. The Electrical Construction segment provides electrical contracting services for various types of construction projects, including residential, commercial, industrial, and institutional. This segment also specializes in design-build and turnkey solutions for electrical installations.

The Power Systems segment provides maintenance and testing services for electrical systems, including high-voltage substation equipment, transformers, and switchgear. This segment also offers emergency restoration services for electrical outages caused by storms or other events.

Goldfield has a long history of successful projects and customer relationships. The company?s expertise lies in its ability to adapt to changing technology and customer needs, while remaining committed to safety, quality, and customer satisfaction. The company operates in more than 20 states across the United States, with a workforce of over 800 employees.

Goldfield has received numerous awards and recognition for its outstanding performance in the electrical construction and maintenance industry. The company was named one of the Top 225 Electrical Contractors in the nation by Engineering News-Record, and it has won multiple safety awards for its commitment to workplace safety.

Despite being a well-established player in the industry, Goldfield continues to innovate and adapt to changing market conditions. The company recently began investing in renewable energy solutions, such as battery storage and solar power. This diversification has positioned Goldfield to remain a leader in the electrical industry for many years to come.



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