First Source Electronics, Inc.

Based in Maryland, US, First Source Electronics operates as a manufacturer of electro-mechanical assemblies, chassis integration, control panels, and cable assemblies as well as automation solutions for the industrial and warehouse sectors. The company has undergone a recent acquisition by Woodson Equity from Commercial Vehicle Group on November 21, 2024.   First Source Electronics manufactures control panels, cable, and harness assemblies, and provides electromechanical integration services. Additionally, First Source delivers warehouse automation systems, offering full turnkey integration, software loading, and extensive testing to ensure optimal functionality and reliability.

First Source Electronics generates revenue through a structured model that encompasses direct sales and partnership agreements. The company engages in B2B transactions, supplying its products to industrial clients who integrate these solutions into their operations. Revenue is derived from the sale of various automation systems and related services, with a focus on flagship products that have established a strong market presence.   Following its recent acquisition by Woodson Equity, which aims to enhance First Source Electronics' product portfolio and service offerings, the company is planning to develop new automation products and expand its market presence.

Specific geographic regions targeted for expansion include North America and Europe, with plans to initiate these efforts by the end of 2025. The recent acquisition will provide First Source Electronics with the resources needed to support these initiatives effectively.