TESCO – Power Measurements Inc. (PMI)
A Philippine-based hi-tech Startup research and development (R&D) company that was acquired by TESCO (The Eastern Specialty Company) in 2018. PMI delivers total solutions in the field of test instrumentations and electrical power metering systems. TESCO-The Eastern Specialty Company is the trusted source of electric meter testing and metering accessories for more than 100 years. Visit our main site for more info (https://www.tesco-advent.com/about-us/).
In 2018, as TESCO continues to move forward, it acquired three companies to support develop its Next Generation of Test Equipments that will revolutionize meter testing with innovative meter accuracy testing and functionality.
- Power Measurements, Inc. (Cebu, Philippines) The company’s core R&D competency in hardware design, software development, mechanical design & product engineering play a big role in the design of the next generation of Tesco products.
- Knopp Inc. (CA, USA) Knopp is primarily known for transformer test equipment, precision voltage and current transformers, and electrical instruments. Since 1928, Knopp has been providing dependable and accurate products to electric utilities, government (federal, state, and municipal), professional electricians, and manufacturers of transformers and electric motors all over the world.
- Mesurina Ltee/Ltd (Quebec, Canada) A full-service manufacturing and distributor of Electrical Test Switches. Together, Mesurina & Tesco continue to manufacture high quality test switches for the North American & Canadian market.
PRE-FORMATION. In July 2014, four young Filipino R&D engineers formed a team to implement a patented concept made by an American physicist named Dr. William “Bill” Hardy. Agreed to realize the concept based on consolidated engineering ideas, the team worked as an independent contractor (client-customer relationship) for Dr. Hardy. As the work progressed, ideas became solid substances that convinced Dr Hardy to make the project a full-blown development. Based on that, it required the team’s formation to be a legal entity for properly channeling of the payment of engineering service as well as the consigned equipments needed in the development.
FOUNDATION. In October 2014, Power Measurements, Inc. (PMI) was founded and listed in the Securities Exchange Commission as a corporation. The four Filipino engineers and Dr Hardy were listed as founders. As work continues, PMI hired an additional two full-time engineers to handle additional work and a staff to handle the administrative side. At the end of 2014, the company headcount increased to eight(8) working in a small rented apartment in Lapu-Lapu City, Cebu.
COMMERCIAL OPERATION.In February 2015, after a successful application to PEZA for availment of tax incentives, PMI started its commercial operation.
Engineering Solutions Expert
Our Missionis to strive to be the primary choice of our customers to provide total engineering solutions using state-of-the-art technology.
By utilizing a strong team with a deep sense of professionalism who, through their pride of ownership, bring excellence in delivering uncompromised quality and service to our customers.
We are commited to providing value to our customers by
- delivering high accuracy test instruments
- building long term relationship by collaborating with our clients and partner organizations
- providing quality deliverables and meeting client expectations on all engagements