BEGINNINGS. Open Loop Energy, Inc. was founded in the spring of 1992 as an Arizona corporation. It began operations in Safford, Arizona, a central location to serve the Southwestern mining and construction industries.The core business was centered on hydraulic component repair and reclamation. In its modest beginnings, there were three original shareholders and two employees.The building of 11,500 square feet, contained a complete machine shop, hydraulic rebuild shop, weld shop and corporate offices.
Since then Open Loop Energy has grown in all areas of its business. The Safford, Arizona facility now has five shop buildings, and a chrome shop, with a total of 77,000 square feet and over 80 employees. In 1998, an additional facility was opened in Winnemucca, Nevada. With a shop of 11,000 square feet, and 20+ employees it serves the mining and construction companies in the NV, ID, and UT areas. A satellite location was opened in Salt lake City, UT in 2013. The most recent addition came in 2016 with the acquisition of San Juan Spring Company (SJS Co.) and Souther Manufacturing & Research (SMR Co) located in Farmington, NM. SMR has been developing and manufacturing OEM and aftermarket parts and components to the heavy equipment/mining industry for over 35 years. The company wide employment total now exceeds 120 people serving US, Canada, and South American customers.
Over the years Open Loop Energy has earned a reputation for being innovative in its repairs and extending the life, safety, and usability of components. It has also worked with mining partners to develop leading edge solutions for maintenance, production, milling, and safety. Having technical expertise in design, troubleshooting, and manufacturing, distinguishes the company as far more than a repair shop. As you explore the website, you will see the many aspects of Open Loop Energy and it’s employees.
- Open Loop Energy's Vision is to continue to serve the industry with quality services and products by continued partnerships with companies to improve safety, reliability, functionality and be a good steward for the environment. Retaining customer satisfaction with Integrity, Quality and Service.
- "Open Loop Energy's mission is to be an extension of the effort of those customers we serve. Open Loop Energy will continue to contribute to the success of those customers served. If the customers we serve are not successful, Open Loop Energy will not be successful." Charles (Chuck) Hoisington CEO & President 2014