February 2015
| Business World
155
Winner of three ABC Iowa Awards, Price Industrial Electric’s rise from humble begin-
nings to a reputation as a local industry leader is driven by results, customer-employee
relationships and a love for the community they serve.
It started as a one-man shop for Price Industrial Electric. After working in the in-
dustry for another contractor, Jeremy Price set off on his own at age 23. Originally
focused on the industrial and commercial markets, the company has been growing
ever since its inception in 1996.
“We’ve been growing 15-20% a year since 2008,” Price said. “Right now we’re
currently at 115 people and in the process of hiring more every day. We recently
moved from a 14,000 square-foot standard office warehouse facility into a brand
new 32,000 square-foot office building with a shop and two-acre storage yard.”
From small service calls in residential markets to million dollar projects, Price In-
dustrial Electric’s reach is thorough and ambitious, but achievable. The differen-
tiating scope and scale of projects is a testament to how revered and trusted the
company is in the eyes of their customers and their employees.
