Preferred Electric, Inc. was incorporated by its founder and CEO, Clint Kruger, on February 29, 2008. Like many budding companies, Preferred Electric started in the basement of Mr. Kruger’s home.
In January of 2010, Preferred Electric was certified as a Service Disabled Veterans Owned Business (SDVOB). Later that same year, the company purchased Commercial Electric of the Twin Cities, which had been in business since 1927.
As Preferred Electric continued to grow, Mr. Kruger moved into his first office in New Hope, MN in August of 2012 and began to hire office staff to assist with the larger workload. The company also became a NECA (National Electrical Contractors Association) member in both the Minneapolis and St. Paul chapters that year.
After being awarded a number of sizable jobs, Preferred Electric outgrew the New Hope office and was ready to take on even more business. In September of 2015, the company purchased Metro Electric Construction Co, Inc. which was established in 1987. Preferred Electric moved into Metro Electric’s Minneapolis office and warehouse building in December of 2015, where it resides today.