October 24, 2016 Manufacturing Month: Five Questions with Espey Manufacturing & Electronics Corp
To celebrate Manufacturing Month 2016, we are spotlighting several Saratoga County-based manufacturers and the work they do. Today’s feature is Espey Manufacturing & Electronics Corp. Espey is a power electronics design and Original Equipment Manufacturing (OEM) company with a long history of developing and delivering highly reliable products for use in military and severe environment applications. All design, manufacturing, and testing is performed in their 150,000+ square foot facility in Saratoga Springs, New York. Espey is a small business that is ISO 9001:2008 and AS 9100:2009 certified and publicly traded (ESP) on the New York Stock Exchange.
What do you manufacture?
Espey services include design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication and painting services, and development of automatic testing equipment. Espey manufacturing is vertically integrated and will produce individual components (including inductors, transformers and other custom magnetics), populate printed circuit boards, fabricate metalwork, paint, wire, qualify, and fully test items in house.
Espey’s primary products are power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and high power radar systems. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power.
Our defense related customers are U.S. military branches (Army, Navy, Air Force, Marines) and virtually all the major defense original equipment manufacturers (OEM) including General Dynamics, Lockheed Martin, Northrup Grumman, Raytheon, and Boeing. We also have a long history of working with the Israeli military.
On our commercial related customers we have a long history supporting GE transportation in rolling stock applications and are working locally with SEPSA to expand our customer base here in Saratoga County.
Espey is actively involved with providing solutions to today’s challenges for more power packaged in smaller volumes and lower weights, while increasing efficiency. In addition to constantly developing new products, Espey has continued to support and provide magnetic components for C-130 Aircraft for over 40 years, and high voltage radar power supplies and subsystems for the navy E2C Hawkeye for over 30 Years. Espey products are often in mission critical applications and include power supply subsystems and full transmitter cabinet systems for NATO early warning radar, navy fire control radar systems, power supplies for freight locomotives, power supplies for electronic warfare on F-16, vision systems / target acquisition systems on F-15, and F-18, low noise transformers for navy submarines, and miniature high voltage power supplies for missile guidance.
Modern programs include UPS power supply with load shedding control and communications System for MX777 lightweight howitzer digital control, power distribution transformers for navy LCS, aircraft support power supplies and battery chargers for navy DDG1000, transformers for sea-based and land based ballistic radar systems, THAAD, SBX, XBR, JLENS.
What does your ideal workforce look like?
Our ideal workforce consists of people who are willing to promote our philosophy of CARE: Customer Advocacy/Reliable Execution. People promoting this ideal are ambitious in going the extra mile to be their best and having high expectations for themselves. They must be confident and willing to put forth their beliefs to insist on great outcomes. They must be committed and passionate about their work and enjoy the challenges. They must be reliable and take their responsibilities seriously and act for the greater good. They must be detail oriented to pay attention to the smallest of details to ensure success. They must be willing to give and receive feedback and be committed to fix problems as they arise and be part of the team. We want people that want to be successful and want to be here for a career, not just a job.
What’s the biggest challenge you currently face?
The biggest challenge Espey currently faces is finding talented employees. The reservoir of available people has dried up. In many instances we find very few candidates even willing to apply for our vacancies. Due to the technical nature of our business, we have a particularly difficult time finding electronics technicians. An additional challenge is military budget cuts and sequestration, which have put our market into a heavily competitive landscape. Even in the midst of this, Espey sees growth opportunities emerging.
What makes Saratoga County attractive as a business location for you?
Saratoga is a great place to live, The city offers a rich history with beautiful scenery and an active downtown area. With the track and SPAC in the summer and plenty of fall and winter activities, there is always something to offer both residents and visitors. Espey typically has out-of-town customers visiting our facility each week. With the wide array of restaurants and entertainment, there is never a shortage of activities to offer to our out of town clients.