Established Minority-Owned Taylor Electric Company is the oldest African American owned construction firm in Chicago, demonstrating a strong community presence and a potential appeal for clients seeking minority-owned businesses with a long-standing reputation.
Diverse Sector Engagement TEC offers residential, commercial, industrial, and maintenance electrical services, presenting multiple opportunities for vendors or partners to collaborate across various construction and electrical project types.
Solid Financial Standing With an annual revenue between $25M and $50M and a bonding capacity of $2.5 million per project, TEC is positioned to take on substantial projects, indicating potential for larger-scale partnerships or contracts.
Certifications and Compliance Being DBE and MBE certified with the City of Chicago, IDOT, and CMS, TEC is well-qualified for government and municipal projects, making it a strategic partner for agencies aiming to fulfill diversity procurement goals.
Growth and Certification Potential As a fully insured and licensed contractor with decades of industry experience, TEC is primed for expansion into new markets or project segments, especially with vendors offering innovative electrical technologies or services.