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Hesston remanufacturer Midwest Electric Transformers outlines growth, supply pressures and short lead times
Summary
Midwest Electric Transformers testified to the House committee about remanufacturing transformers, citing growth to about $40 million in revenue, a workforce of roughly 50, short lead times (4–12 weeks) for remanufactured units and rising commodity costs that affect pricing and procurement.
Representative King introduced Mitch Swigert, president and CEO of Midwest Electric Transformers of Hesston, Kansas. Swigert told the Committee on Commerce, Labor and Economic Development that he and a partner purchased the company’s assets in 2019, remanufactured and expanded the business, and now employ about 50 people.
Swigert described the company’s core business as remanufacturing electrical equipment that utilities and industrial customers reuse: voltage regulators, three‑phase and single‑phase pad‑mount…
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