Laketown Electric Corporation Revenue and Competitors

Waconia, MN USA

Location

N/A

Total Funding

Construction

Industry

Estimated Revenue & Valuation

  • Laketown Electric Corporation's estimated annual revenue is currently $13.6M per year.(i)
  • Laketown Electric Corporation's estimated revenue per employee is $261,000

Employee Data

  • Laketown Electric Corporation has 52 Employees.(i)
  • Laketown Electric Corporation grew their employee count by 0% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$27.8M96-17%N/AN/A
#2
$5.3M26-35%N/AN/A
#3
$13.6M520%N/AN/A
#4
$7.9M34-3%N/AN/A
#5
$117.5M3247%N/AN/A
#6
$8.1M350%N/AN/A
#7
$5.9M290%N/AN/A
#8
$5.3M26-10%N/AN/A
#9
$77.2M242N/AN/AN/A
#10
$2.6M15-46%N/AN/A
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What Is Laketown Electric Corporation?

Incorporated in 1975, Laketown Electric has been serving the Southern half of Minnesota for over 45 years. In August of 2018, we purchased Javens Electric of Mankato, a company that specializes in industrial automation, industrial wiring, high voltage, low voltage and fiber work. In late 2020, LEC developed an office in Rochester, MN. LEC is a contractor that specializes in design/build construction complete with engineering capabilities in house. Our favorite projects are healthcare projects including surgery centers, clinics and hospital construction, manufacturing/food plant projects and large, high end commercial projects. We are optimistic about the future and intend to grow our business as well as our relationships with our customers. Seventy-five percent of our projects are performed under a design-build basis. As of 2.1.2020 we have 120+ full time employees and perform work within two hours of the Twin Cities Metro area and throughout Southern MN with our Mankato and Rochester offices. We also cover MN and the surrounding states. Typical project sizes range between $100,000-$5 million in electrical scope with a large bonding capacity.

keywords:N/A

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Total Funding

52

Number of Employees

$13.6M

Revenue (est)

0%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$19.1M609%N/A
#2
$28.6M870%N/A
#3
$26.5M985%N/A
#4
$25M1105%N/A
#5
$43.7M1477%N/A