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Integrated Power Services acquires Tesco Industries

By |  November 18, 2020

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Integrated Power Services (IPS), a service, repair and engineering provider for electric motors and generators, acquired Tesco Industries, the electric motor repair division of Tesco Group.

Tesco Group, in Regina, Saskatchewan, was founded as Tesco Electric in 1985. Tesco Group companies offer electrical contracting, welding and fabrication, systems integration services, substation automation systems and storage. Tesco Group will continue as a service provider separate from IPS.

According to IPS, Barry Tessier opened the Tesco Industries division in 1996. Today, the company is a full-service electric motor and generator repair facility, serving Saskatchewan, Canada’s industrial, mining and agricultural companies. The facility offers comprehensive motor and generator repair services, rewinds, machining, and field and mechanical services – plus preventive maintenance. The facility features a climate-controlled warehouse with a 60-ton crane that’s dedicated to the storage and maintenance of customer equipment, IPS says.

The acquisition of the Tesco Industries service center supports IPS’s expansion of its service offering in repair services, field services and distribution into the Central Canadian provinces.

“Everyone at Tesco Industries is excited to become a part of IPS,” says Dave Calvert, Tesco Industries plant manager. “They’re North America’s leading service provider for electric motors and generators, and we look forward to helping them build on this lead.”

Adds John Zuleger, IPS president and CEO: “We are excited to add Tesco Industries to the IPS facility network. We’ve spent a considerable amount of time looking for the right opportunity and best fit, and Tesco Industries is a well-run, customer focused acquisition.”

Kevin Yanik

About the Author:

Kevin Yanik is the editor-in-chief of Pit & Quarry magazine. Yanik can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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