Fortune Electric logo — A World Class Transformer Manufacturer.

Fortune Electric

A World Class Transformer Manufacturer.

Founded 1969 United States Torrance, United States 94 employees Energy, Industrial +1

General Information

Company Name Fortune Electric
Founded Year 1969
Location United States Torrance, United States
Employees 94
Industries Energy, Industrial, Manufacturing
Social

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About Fortune Electric

Fortune Electric is a renowned power transformer and switchgear manufacturer established in 1969. Specialized in the production of high-quality equipment such as Power Transformers, Distribution Transformers, and Switchgear, the company offers transformers up to 400kV 775MVA for various applications. Fortune Electric maintains a strong technological alliance with Hitachi, extending its transformer capability up to 500kV through a joint venture factory. The company excels in software simulations for thermal, dielectric field, and short circuit calculations, and is experienced in adhering to global codes and standards.

Fortune Electric's expertise extends to manufacturing Remote Terminal Units (RTU) and Smart Maintenance Systems (SMS) for automatic monitoring and early fault detection. With manufacturing locations in Taiwan and China, as well as offices in the United States and Australia, the company showcases a global presence and significant experience in servicing units across different regions. Furthermore, Fortune Electric's dedication to becoming a leader in the power industry reflects its commitment to delivering superior projects management and ensuring the highest levels of customer satisfaction.

Taxonomy: Power Transformers, Distribution Transformers, Switchgear, Transformer Manufacturing, High Voltage Equipment, Technical Alliances, Software Simulations, Compliance Standards, Remote Terminal Units, Smart Maintenance Systems, Global Presence, Project Management, Sales and Service Network

No funding data available for Fortune Electric yet.

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FAQ About Fortune Electric

A World Class Transformer Manufacturer.
Fortune Electric was founded in 1969.
Fortune Electric is headquartered in Torrance, United States.
Fortune Electric operates in Energy, Industrial and Manufacturing. Its work centres on Power Transformers, Distribution Transformers, Switchgear and Transformer Manufacturing.
Fortune Electric has approximately 94 employees.
Top alternatives and competitors to Fortune Electric include Altro Power Systems, Elko Elektromekanik İmalat Sanayi ve Ticaret A.Ş, Power Transformers (Pty) Ltd, Q-Tec Switchgear, WR Transformateurs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fortune Electric and Altro Power Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Fortune Electric, https://bouncewatch.com/company/fortune-electric, updated 7 January 2025. When citing, please name BounceWatch and link this page.

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