Saminco

Industrial Machinery & Equipment · 11-50 Employees

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Overview

Revenue

<$5 Million

Industry

Industrial Machinery & Equipment Manufacturing
ZI Rank: 1
Signal Type
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ZI Rank
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About Saminco

Saminco employs over 120 people at multiple locations in North America. Saminco has over 22 years experience in building traction drives and has manufactured electric traction drives for Fuel Cell Buses designed by Ballard and Georgetown University, Hybrid-Electric systems for Allison Electric Drive division of General Motors as well as over 3,500 AC/DC and DC/DC controllers for underground mining vehicles. These include shuttle cars, continuous miners, railed vehicles and long-wall shearer haulage drives ranging in power from 5 kW to 200 kW operating from 230V AC to 575V AC or 80V DC to over 600V DC supplies. The company manufactures DC/AC converters to allow variable speed operation of 3-phase AC machines over a power range from 0.5kW through 700kW. The company is presently developing a new 1000V AC inverter rated up to 400HP continuous. At Saminco the company has excellent in-house test facilities and 500 kVA of available power for testing traction drives up to 500 kW. All manufactuRead more
Popular SearchesSamincoSIC Code 36,362NAICS Code 33,335Show more

Saminco Org Chart

RC

Chief Executive Officer

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JA

Vice President, Lavalette Operations

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MD

Director

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TG

General Manager

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Company Profile Activity

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Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

Saminco is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Saminco is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Saminco.

Saminco financials insights

Gather financial insights about Saminco, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2020

Debt

$1M

2021

Debt

$1.1M

See All Saminco's Financials Insights

Most Recent Scoops

Event
Events, Engineering, Safety, Chemical Engineering, Field /Outside Sales, Field Marketing
Funding
Saminco has received an SBA PPP loan in the amount of $1,127,056 from Truist Bank resulting in the retention of 65 jobs.
Funding
Saminco has received an SBA PPP loan for $1-2 million from Truist Bank d/b/a Branch Banking & Trust Co, supporting the retention of 76 jobs.
Funding
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Top Industrial Machinery & Equipment Companies

Frequently Asked Questions Regarding Saminco

What is Saminco's official website?
Saminco's official website is www.samincosolutions.com
What is Saminco's Revenue?
Saminco's revenue is <$5 Million
What is Saminco's SIC code?
Saminco's SIC: 36,362
What is Saminco's NAICS code?
Saminco's NAICS: 33,335
How many employees does Saminco have?
Saminco has 11-50 employees
What industry does Saminco belong to?
Saminco is in the industry of: Industrial Machinery & Equipment, Manufacturing
What does Saminco do?

Saminco employs over 120 people at multiple locations in North America. Saminco has over 22 years experience in building traction drives and has manufactured electric traction drives for Fuel Cell Buses designed by Ballard and Georgetown University, Hybrid-Electric systems for Allison Electric Drive division of General Motors as well as over 3,500... AC/DC and DC/DC controllers for underground mining vehicles. These include shuttle cars, continuous miners, railed vehicles and long-wall shearer haulage drives ranging in power from 5 kW to 200 kW operating from 230V AC to 575V AC or 80V DC to over 600V DC supplies. The company manufactures DC/AC converters to allow variable speed operation of 3-phase AC machines over a power range from 0.5kW through 700kW. The company is presently developing a new 1000V AC inverter rated up to 400HP continuous. At Saminco the company has excellent in-house test facilities and 500 kVA of available power for testing traction drives up to 500 kW. All manufacturing of the company's products is performed in the company's Fort Myers, Florida facility with the capacity to deliver production of several hundred units per month. The company has strong R & D capabilities and are presently building controllers for shunt DC motors, series DC motors, brushless DC motors, induction motors, induction generators, and diesel-electric vehicle traction drives up to 500HP. July of 2001 the company opened a second location in Lavalette, West Virginia, which now is the company's primary service and training facility for the company's mining controls. September 2004 was the opening of the company's panel shop in Logan, WV and in March 2006 the company opened the company's 3rd shop in Norris City, IL. The company's track record of successful projects arises from the company's policy of understanding the company's customers' requirements and then exceeding their expectations.Read More

Who invested in Saminco?
Saminco has 2 investors including PPP and PPP.
Is Saminco a public company?
Saminco is private company therefore does not currently have an official ticker symbol
See more information about Saminco

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