A legacy of power meets a bright future.
Expertise in our field also means a willingness to adapt in an industry requiring revolutionary solutions to solve modern problems. We’ve experienced a lot of change since we opened our first facility, but our commitment has never wavered.
Our Story
Pioneers of Power Distribution
For nearly 80 years, CMI has led the transformer industry with innovative products to improve the quality and reliability of electrical power equipment. CMI’s culture and reputation, built over decades in Southeast Arkansas, has now proudly extended to our operations in Panama City, Florida, and across Canada. With 12 facilities and over 1200 employees, CMI is committed to ambitious growth to meet the ever-increasing demands of the power grid, all while upholding the industry’s highest standards of quality and customer service.
Our Mission
Transforming Expectations
from SATISFACTORY to TRUSTED QUALITY
from TRANSACTION to RELATIONSHIP
from WORKPLACE to ENERGIZED ENVIRONMENT
from EMPLOYEES to STAKEHOLDERS
from ATTAINABLE to SUSTAINABLE
Our Values
Trusted Partnerships and Forward-Thinking Solutions
At Central Moloney, we are committed to upholding the highest standards of integrity, ensuring ethical behavior towards our customers, employees, and the broader community. We prioritize quality, consistently striving to be an industry leader in delivering exceptional products. Our culture is built on compassion and support, with a focus on helping others and making a positive impact. Additionally, we value fun and relationships, recognizing that a significant part of our lives is spent at work, and we aim to foster an environment where we enjoy our time and build meaningful connections.
Company History
Central Moloney is a company with a rich heritage.
1950
Our Origins
In 1949, CMI began in Pine Bluff, Arkansas as Larkin Lectro Products Company, makers of welding equipment and electric transformers. In 1952, the name changed to Central Transformer Corporation, as the company devoted itself solely to manufacturing distribution transformers.
1960
Expanding Our Reach
After experiencing dramatic growth with major utility customers, Central Transformer Corporation needed more manufacturing facilities. In 1965, Moloney Electric of St. Louis was acquired, which merged the company into Central Moloney Transformer Corporation. This acquisition placed Central Moloney Transformer Corporation among the top five manufacturers of electric transformers nationwide.
The real growth, however, was just beginning. In 1968, Colt Industries acquired Central Transformer Corporation to become a subsidiary of their widely diversified operation producing diesel engines, aircraft components, and other industrial products. Colt Industries later became known as Coltec Industries, and Central Moloney Transformer Division was announced as the new company name. We became a premier manufacturer of distribution transformers in the United States and continue that legacy today.
1970
Pioneering Innovation
Our tradition of innovation brought about the opportunity to expand into transformer components. So when Central Moloney Components Operation was founded in 1970, it was the beginning of a whole new line of innovative polymer products. Manufacturing capabilities now included casting, transfer molding, pressure gelation and thermoplastic injection molding, leading to many additions to our product line.
1980
Revolutionizing the Industry
In the mid-1980s, CMI was the first to introduce thermoplastic primary and secondary bushings to the transformer industry. The success of these bushings led to a complete transformation of these products across the industry. A range of revolutionary manufacturing processes allowed for extreme versatility in meeting customers’ needs and earned our status as not only a trusted manufacturer, but also an innovative one.
1990
Strength in Ownership
CMI had all of the ingredients to remain a strong leader in the transformer industry. The purchase of the company from Coltec Industries was announced in 1994, and Central Moloney, Inc. emerged. The “new” CMI maintained its financial strength, the willingness to adapt, a strong presence in the marketplace, and a long-standing tradition of services and value to our customers.
In 1998, we were poised to make history once again by converting to a one-hundred percent Employee Stock Ownership Plan (ESOP) corporation. With this action, all salaried employees gained an ownership role in the business.
2020
Expanding Our Legacy
CMI acquired Canada’s Cam Tran in 2024, the largest Canadian manufacturer of distribution transformers and the largest North American producer of amorphous metal transformers. This formed one of the largest distribution transformer manufacturing operations on the continent, which together employs around twelve hundred people across twelve facilities. As a combined company, CMI and Cam Tran continue to operate under the separate brands but leverage the capacity across the manufacturing footprint to support each company’s increasing product demand.
Our Leadership
Our Leadership
Employee Stories
Our People, Our Strength.
At CMI, we recognize that our our people are our true power. Each and every one of our employees play a vital role in shaping the future of energy. From entry-level positions to leadership roles, our employees grow with us, empowered by a culture of innovation, collaboration, and opportunity. Discover how our team members have built fulfilling careers at CMI, contributing to the ongoing success of the company while making a positive impact through power solutions for the world.
