Through our subsidiaries Magnetech Industrial Services, Inc. and HK Engine Components, LLC, we provide electrical and mechanical solutions to customers both in the United States and abroad. Historically, our subsidiaries were owned by MISCOR Group, Ltd. In September 2013, MISCOR Group, Ltd. was merged with and into IES Subsidiary Holdings, Inc., a wholly-owned subsidiary of Integrated Electrical Services, Inc. (NASDAQ: IESC), with IES Subsidiary Holdings, Inc. surviving the merger as a wholly-owned subsidiary of IES, Inc. Doing business as MISCOR Group, the Company operates in two segments, Industrial Services and Rail Services. More information on the merger can be found at http://www.ies-corporate.com.
The Industrial Services segment provides maintenance and repair services for alternating current (AC) and direct current (DC) electric motors and generators, as well as power generating and distribution equipment; manufactures, remanufactures, and repairs industrial lifting magnets; and provides maintenance and repair services for railroad main and auxiliary generators, main alternators, and traction motors. This segment serves steel, railroad, marine, petrochemical, pulp and paper, wind energy, mining, automotive, power generation, scrap yards, and utility industries.
The Rail Services Services segment manufactures and remanufactures EMD style power assemblies for the 567, 645 and 710 engine families. The Company also offers EPA emission solutions as well as premium parts to the railroad and marine industries.