Categorized | Industry News


Posted on 05 December 2019

Canadian Industrial Power Company takes over the world!


Sort of anyway…

Parent company Power Electronic Components & Systems Group, aka P.E.C.A.S. Group, is out of control – in a good way. The year 2013 is now referred to as “The Growth Year” by company founder and President Afshin Montazeri. Starting out, Afshin formed I.C.T. POWER COMPANY INC. from his apartment in 1992 and explains that what is transpiring now in 2013 is nothing short of EM-Powering. Pun intended. Here we grow...

  • New Canadian Web Site with a link to Bodo’s Power website and the premier European industrial power electronics publication and web site. -
  • New expansion of I.C.T. POWER and sister company Innovation Plus Power Systems Inc into SAINT CHARLES, Illinois USA to form I.C.T. POWER USA and Innovation Plus Power Systems USA to better serve the USA, Mexico, Central and South American markets.
  • New building in Ottawa for sister company ICONOPOWER, having just finished the big move to their great new 17,000 Square foot facility at 1050 Ages Drive, Ottawa, about a 20 minute drive from Ottawa international airport.
  • New Web Sites for and
  • New ICONPOWER USA in planning stages for near future.
  • I.C.T. Power Company Inc, Burlington Ontario grows by 30,000 square feet. We added a building on our building for additional manufacturing capabilities and warehouse structure.
  • New name for Parent Company Power Electronic Components & Systems Group, aka P.E.C.A.S. Group, formed as umbrella corporation and Head Quarters to ICT Power, I.C.T. Power USA, Innovation Plus Power Systems, and Innovation Plus Power Systems USA, ICONOPOWER, and soon ICONOPOWER USA.
  • We also welcome all of our new kin to the P.E.C.A.S. Group family. Jeffrey T. Kerner (I.C.T. Power GM and Eastern USA Sales), Ray Ragonese (ICTP Denver Office-Western USA Sales), Lisa Shulski (ICTP Inside Sales), Mark Shulski (VP Engineering IPPS), Matt Thomas (IPPS Director of Manufacturing), Amy Majewski Accounting Manager, and Tim Fletcher (Information Technology). A collective 114.5 years in the industrial power industry.


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