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Aschinger Electric merges with Briner Electric Company

Aschinger Electric merges with Briner Electric Company

 

 

 

 

 

From the St. Louis Business Journal:

Aschinger Electric has wrapped up its merger with Maryland Heights-based Briner Electric Co.
The combined entities will operate under the Aschinger Electric flag, boosting the Fenton firm’s 140-member workforce with 24 employees and growing Aschinger’s client pool. Both companies have relied on workers from International Brotherhood of Electrical Workers Local 1 for projects, Aschinger President Emily Martin said.
The merger has been in the works since June when brothers Mike and John Fogerty approached Martin with the opportunity, she said. Financial terms were not disclosed.
“The families have been friends for three generations. Mike says he’s known my father, Eric, longer than his brother,” Martin said.
Briner Electric Co. has been in operation since 1895 and is the second-oldest member contractor of the National Electrical Contractors Association. Briner’s projects include the renovations of St. Louis County Library branches.
The additional staff from Briner will enable Aschinger to grow revenue. It reported $44.4 million last year and is expecting to exceed that for 2018, Martin said.
Aschinger will continue its focus in solar, with the upcoming addition of 2 megawatts to Washington University’s campus.
In Missouri and Illinois, the number of electricians is slated to grow 10. 2 percent and 7.4 percent, respectively, through 2026. Nationwide, it’s projected to grow 8.9 percent, according to the U.S. Bureau of Labor statistics.

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  • “Thank you for sending Monte to work on our 5th grade classroom. We appreciate his ingenuity and good sense of humor while he worked at providing safer electric solutions…”

  • “We just wanted to express our sincere thanks to Aschinger Electric for the outstanding service we received from the electricians and employees of your company.”

  • “We truly appreciate your efforts in all aspects of the construction process, and hope that we will soon be working together again on another project.”

  • “I would like to offer my sincere thanks and appreciation to Aschinger for a great job. Everyone involved was knowledgeable and professional. This was a monumental achievement for both Duke and Aschinger and we should be proud of the results.”

  • “Our diagrams were a hodgepodge of pieces.  Aschinger looked at our building and gave us a complete set of one line diagrams.  Before, when we had an issue we could grab the pieces but we weren’t even sure if they were right.  Another good thing was their analysis and maintenance recommendations.”

  • “Over my career I have had the pleasure of working with a handful of craft workers who possess a truly advanced set of talents and knowledge, and I would certainly put Jeff in this category. We all rely heavily on our key field supervisors like Jeff and I think sometimes take their superior performance for granted. That is why I wanted to take the time to make you and your organization aware of the valuable asset that Jeff is to Aschinger Electric.”