Page 14 - MECO | Winter 2016
P. 14

A Tale of







        Two Companies









        An Interview with Henry Brown and Ralph Marcum

















        Back in the late 80’s, Ralph Marcum had the idea that he could build a successful electrical business and make a good living for his

        family and his future employees. Now 23 years later, Marcum Electric has a long record of good work and a solid reputation with all of

        their clients.



        We are pleased to announce the acquisition of Alabama-based electrical contractor Marcum Electric. Headquartered in Pelham, AL,

        Marcum has served the needs of Heavy Industrial and Power Generation clients.  Robert Tesney, Vice President of Miller Electric

        Company, has relocated to Pelham to lead the combined operations, and Ralph Marcum will continue to be involved on a daily basis.









        Q: What is the story behind Marcum Electric?



        RM: I worked for another electrical contractor that focused on

        industrial work.  One day I thought to myself: “If I can work and

        make them money, why not do it and make money for myself?”

        So I planned for a long time, went back to school and got a

        degree in business. I figured if I was going to run a successful

        business, I should probably learn how to do it.  Afterwards, I

        put together a business plan and a strategic plan; then in 1994

        opened Marcum Electric.



        Q: How did the strategic plan work out?

        RM: My main goal was to build a business that provided good

        quality work at a reasonable price. Simple. This allowed us to

        finish every project we ever started, on time and on budget.

        I didn’t want to pursue all customers because I couldn’t be

        everything to everyone. I simply wanted to build strategic

        relationships. My first two customers are still clients today and

        they happen to also be the biggest; Alabama Power and US

        Steel.  The relationships we have cultivated have worked well

        over the years.



        Q: Why Miller Electric over others that were interested in

        Marcum?

        RM: I have known about Miller for many years.  I was friends

        with Robert’s dad (Vice President Robert Tesney) and built a

        friendship with Robert over time. As a matter of fact, I once

        even tried to hire him away from Miller.  He was happy with the

        company so that didn’t work out.  When it was time for me to

        come up with an exit strategy, I hired a consultant to help me

        locate possible buyers and Miller was one of them.  Miller was

        by far, the one that aligned with our values and the way we

        conducted business at Marcum. Of course, Robert facilitated the

        relationship.



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