By Maureen Werther
Northeast Power Systems Inc. (NEPSI) is planning to add more than 11,000 square feet of additional warehouse space to accommodate its growing business.
NEPSI, located at 66 Carey Road in Queensbury, designs and manufactures medium-voltage, metal-enclosed power capacitor banks and harmonic filter banks for use in electric power systems.
The company was founded in 1995 by brothers and RPI graduates Paul and Peter Steciuk. It first operated out of a small garage space in the former Tobin’s First Prize factory in Albany. Three years later, in 1998, they received their first $1 million order. In 1999, they began private labeling systems for General Electric Co.
Another brother, Frank Steciuk, joined the team in 1999, the same year the company relocated to Queensbury.
During its 22 years in business, the manufacturing company has expanded its design, manufacturing and testing facilities, as well as its global reach. NEPSI provides power solutions to several industries around the world, including mining, utilities, industrial, renewable energy, chemical, petroleum and pulp and paper.
NEPSI doubled its capacity in 2001 and again in 2011, while continuing to increase the sophistication and performance capabilities of its equipment. Each unit sells from $50,000 to more than $1.5 million, and NEPSI is on target to generate $30 million in revenue in 2017, a record for the company, officials said.
In anticipation of its third expansion, the company hired 10 more people in the spring, bringing the total number of employees to 30 who work in the 28,000-square-foot manufacturing and assembly plant, according to Peter Steciuk.
The decision to bring on more people and expand once more is partly in response to a recent contract NEPSI won to provide three 200-foot-long systems that will be shipped to a copper mine in Panama, which is one of the largest copper mines in the world, according to the company.
The three brothers attribute their success to a strong work ethic and commitment to customer service and manufacturing excellence.
ABD Engineers in Schenectady worked with NEPSI on the design of the planned 11,400-square-foot addition and Peter Steciuk said they have hired Jag, a concrete and construction firm based out of Glens Falls, to build the additional warehouse space.
The project has already been given the green light from the town of Queensbury and Jag submitted its construction plans for final approval to the town on July 7. They hope to break ground in the next month and be ready to start producing additional assembly work by the end of the summer.
“With 28,000 square feet now, we are already operating at full capacity,” said Steciuk.
More information is available at the company website, nepsi.com.