PALMER TWP., Pa.- A family-owned company in Northampton County that has been making, selling, and servicing electrical power equipment for more than a century has been sold.
Belyea Company of Palmer Township has been acquired by Integrated Power Services (IPS). A purchase price was not disclosed.
Belyea was founded in 1908 and is now led by the third and fourth generations of the family. The company refurbishes and resells equipment like transformers and circuit breakers; builds portable substations that are then rented to customers; and also performs field work as well as repairs and commissioning and decommissioning services.
According to a news release, Belyea operates out of a 150,000-square-foot facility at 220 Northwood Avenue. It serves utility, industrial, commercial, and data center customers.
“Joining IPS marks an exciting new chapter for Belyea,” said Shep Belyea, President of Belyea Company, in the release.
“For more than a century, we have built our business on technical expertise, deep customer relationships, and the ability to deliver practical, engineered solutions for complex high-voltage challenges,” said the president.
“With IPS’ scale, capital, and national sales reach, we can expand what we do best: providing responsive, flexible equipment and portable substation solutions that keep our customers running when new equipment is years away. Most importantly, this combination allows us to keep investing in our people,” Belyea added.
Moving forward, Belyea will operate within the IPS Electrification division. Shep and Steve Belyea will continue with the business as Directors, and Leon Belyea, the fourth generation of family leadership, will continue as Engineering Manager.
IPS was founded in 2007 and is headquartered in Greenville, South Carolina.