CIC Engineering

4.8★★★★★(4 reviews)

345 Center St, East Peoria, IL 61611

East Peoria, Illinois, United States

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About

CIC Engineering is a bonded and licensed electrical contractor and authorized Mitsubishi Electric System integrator with expertise in automation, product testing, floor integration, engineering, and consulting services. The company's trained and certified professionals offer water treatment, wastewater control, power distribution, and safety compliance services, as well as seam welding and material handling robots for the automotive industry. CIC Engineering also provides electrical harness and panel design and construction services, along with a range of gravity feed and chain-driven live roller conveyors, lifts, and turn tables. The company is located in East Peoria, Ill.

🅿️
Parking
Yes
Wheelchair Accessible
Parking, Yes
Categories: Engineer.
ISIC Codes: 7110.

Market analysis

Earning above its category median in a growing category (Engineer).

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$6.2M2019
~$5.5M2020
~$5.4M2021
~$5.8M2022
~$6.3M2023
~$6.5M2024
Modeled from official industry statistics+0.9%/yr since 201980% confidence band: ±42%

Property

Lot size2.45 acres
Land use0060
CountyTazewell
Assessed value$1.6T
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Engineer in Illinois634~$3.9B~$6.2M~$2.1M5.0★3.2×
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure39 chains expanding in this category, led by Siemens, Imeg, Crawford, Murphy & Tilly (+68 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)169~$330.4M~$2.0M~$637.3K1,194~$77.5M10×
Professional, scientific and technical activities9~$32.2M~$3.6M61

1 km area (all businesses): median from the 145 of 169 businesses with estimates

Estimate

Area conditions (61611)

Population23,447 ±402
Median household income$74,733 ±$3,403
Median home value$160,500
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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