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IDEAL Electrical Sells Commutator Maintenance Offering

10/31/2016

IDEAL Electrical Sells Commutator Maintenance Offering

For the last century, IDEAL INDUSTRIES, INC. has proudly manufactured products for the electrical industry, beginning with the IDEAL Commutator Dresser Company in 1916.  J. Walter Becker started the IDEAL Commutator Dresser Company of Chicago from his mother's kitchen with the belief that every product should be worth more than its price. 

As the company grows into its fifth generation, it is important to challenge the status quo and adapt to the ever changing market while remaining true to our founding principles.  IDEAL continually reviews its product portfolio to ensure strategic alignment for the continued growth of the business. As a result, IDEAL has entered into a definitive agreement to sell its Commutator Maintenance offering to the Martindale Electric Company.  

IDEAL and Martindale Electric have a relationship that dates back at least to the 1940's as the companies bought and sold products from each other.  Martindale was founded in 1913 and has emerged as the dominant supplier of specialized tooling to the electric motor industry.  As in the case of IDEAL, family values continue to drive relationships with employees, suppliers, customers and community.  As of 2013, Martindale Electric is 100% employee owned with a second generation Chairperson of the Board.

Over the next several months, we will work with Martindale Electric to ensure the successful transition of equipment and production without disruption to our customers. 

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