Electrical Components International (ECI) Acquires Rochester Industrial Control (RIC)
ST. LOUIS, MO and ONTARIO, NY – August 10, 2021 – Electrical Components International, Inc. (“ECI”), a leading global supplier of wire harnesses, electrical components, and sub-assemblies for the diversified industrial markets, today announced the acquisition of Rochester Industrial Control, Inc. (“RIC”) from its co-owners Tony Mastrodonato and Sam Messina.
Founded in 1967, RIC is a manufacturer of high-voltage wire harnesses, cables, and electromechanical assemblies for the commercial electric vehicle, oil and gas, and medical markets. With its custom, engineered solutions, RIC is a leading provider of high-voltage cables to customers in the North American transit bus industry. The company will continue to be led by its current management team and operate from its two facilities located in Ontario, New York.
“Electrification is transforming the transportation industry and RIC has become a trusted partner in the commercial electric vehicle space,” said Mike Balsei, Chief Executive Officer of ECI. “We will be able to bring ECI’s scale and resources to help RIC capture the significant market opportunities for its leading platform. This transaction, together with our recent acquisition of Promark Electronics, further expands ECI’s position as the high-voltage harness supplier of choice in high-value, high-growth markets.”
Mr. Mastrodonato and Mr. Messina commented: “This milestone is a testament to the strength of RIC’s platform and the talent of our team. ECI is the ideal partner to support RIC in its next phase of growth, helping to build upon its market-leading offerings and deliver even greater value to customers. We are incredibly proud of all that our team has accomplished over the past decade and look forward to watching RIC’s continued success as part of the ECI family.”