Review of 2015


With 2015 officially in the books, it’s time to look back at the year and review some of the events that happened at Thompson Electric.  Overall, 2015 was a very good year for all of Thompson Electric’s offices.

When comparing years, it’s difficult because of the one and done large projects that can skew the financial and manpower data.  With adjustments made, 2015 was one of the best years for overall revenue, continued increase in our man hours worked and having a very good year of safety on the job sites.  In addition to that, Thompson Specialty Services continues to grow with arc flash and infrared thermal imaging and the addition of sustainability with LED lighting retro refits and we have entered the solar market and are looking at the viability of battery storage in our markets.

With all of the Thompson office’s experiencing revenue growth and increased man hours worked, there are certain challenges that need to be addressed.  The leadership group met this fall and will continue to meet to discuss Thompson Electric’s growth and the challenges from that growth, primarily finding excellent young people to become a part of our industry.

Looking back is educational, but looking ahead is very exciting at Thompson Electric.