Tram Electric Joins Forces with Integrated Power Services in Strategic Acquisition

Integrated Power Services (IPS), a major provider in the fields of electrical, mechanical, and power management systems, announced the acquisition of Tram Electric, a respected supplier of electromechanical products headquartered in Price, Utah. This acquisition, effective from April 1, 2025, solidifies IPS's presence as a leading service provider in the western United States, enhancing its service network through Tram Electric's four-location set-up in Utah, Arizona, Wyoming, and Colorado. Tram Electric is known for its extensive experience in remanufacturing and repairing industry-related equipment and for its certified partnerships, emphasizing standard-compliance and service quality. The acquisition aligns with IPS's strategic investments to extend its aftermarket service capabilities for sectors such as mining in the US and oil sands in Canada, aiming to support equipment operational reliability amid upcoming market expansions in these regions. IPS President John Zuleger and Tram Electric's President Dave Zaccaria highlighted the opportunities for growth and integration of solutions that will benefit Tram Electric's employees and widen IPS's service offerings.