Electric & Gas Technology, Inc., through its subsidiary, Reynolds Equipment Company (Reynolds), engages in the design and marketing of products for natural gas measurement, metering and odorization, primarily for municipalities and publicly owned utility companies. Materials consist of proprietary circuit boards.
The Company, through its other subsidiary, Logic Metals Technology, Inc. (LMT), provides precision sheet metal fabrication and assembly for a customer base, including telecom and netwo...
Electric & Gas Technology, Inc., through its subsidiary, Reynolds Equipment Company (Reynolds), engages in the design and marketing of products for natural gas measurement, metering and odorization, primarily for municipalities and publicly owned utility companies. Materials consist of proprietary circuit boards.
The Company, through its other subsidiary, Logic Metals Technology, Inc. (LMT), provides precision sheet metal fabrication and assembly for a customer base, including telecom and networking cabinetry, electrical controls and other functional and aesthetic sheet metal applications.
Segments
The Company, through its subsidiaries, operates in two distinct business segments: Utilities Products Segment and Contract Manufacturing Segment.
Utilities Products Segment – Reynolds
Products
Reynolds manufactures equipment used in the natural gas industry. Its primary products are known by the trade name ‘RECOR’ and include electronic pressure, temperature and volumetric instrumentation and accessories peripheral to gas measurement. Reynolds manufactures a line of electronic digital data recorders, as well as a traditional line of mechanical instrumentation including pressure, temperature and volumetric recording and indicating devices.
In addition, Reynolds provides engineering and equipment used to accomplish the odorization of natural gas. Reynolds has newly introduced an odorization system into the marketplace. The Company also introduced a line of outdoor enclosures for protecting instrumentation and controls used in the natural gas industry. These enclosures are manufactured by LMT, the Company's contract manufacturing subsidiary. Reynolds operates in the industry which supplies equipment for monitoring the transport and distribution of natural gas. This equipment is used to measure temperature, pressure, flow rate and other parameters of natural gas in pipelines.
Customers: Reynolds sells to natural gas utilities, pipeline and production companies both domestically and worldwide. Reynolds has a blue chip utility customer base.
Competition: Reynolds primary competitors include Mercury Instruments, Inc., Galvanic Science, Ltd. and YZ Industries.
Contract Manufacturing Segment - LMT
LMT operates as a contract supplier involving in the cutting punching, forming and assembly of products manufactured primarily from sheets of steel, aluminum, copper and other metals and materials, requiring fabrication and assembly.
Products
LMT assembles and/or fabricates various metal products. It builds electronic enclosures and equipment panels to customers' specifications. LMT has a concentration of business within the telecom and electronics industry. LMT serves primarily in the Dallas-Fort Worth, Texas metropolitan area markets, and has been expanded to include customers in various parts of the United States.
Customers: LMT's major customers are international telecom/electronics companies with manufacturing and assembly operations in the Dallas-Fort Worth, Texas metropolitan area, and international electronic assembly companies, servicing the telecom/electronics companies.
Competition: LMT's major competitors include Precision Metal, Humanetics and Karlee Manufacturing.
History
Electric & Gas Technology, Inc. was founded in 1967.