Point Eight Power began in 1950 as Marine Offshore Electric Repair. Five years later, MOER added switchgear engineering and manufacturing. The company was acquired by Anixter Brothers Corporation in 1965 and renamed Anixter Power Systems.

Another change in ownership came in 1978 when Tom Reagan of Reagan Equipment Company bought Anixter Power Systems. Another name followed – Point Eight Power. Since then, Point Eight has built its client list to 1,248. In 1981, it relocated from New Orleans into a 31,000-square-foot facility in Belle Chasse, Louisiana. Twenty-six-thousand square feet were added in 1997. In 1999, Point Eight acquired waterfront facilities with a 13,000-square-foot covered work area and seven acres of open work area with direct waterfront access.

In January of 1994, Point Eight Power received its initial ISO Certification and continues today to maintain an ISO Registered Quality Management System through Intertek Testing Services. 

Over the years, Point Eight Power has won numerous awards. Among them are the Supplier of the Year from the National Steel and Shipbuilding Company (NASSCO) in 2000; Cutler-Hammer's OEM Partner of the Year in 1996, 1997 and 1999; and recognition from Saudi Aramco in 1999/2000 for prompt delivery, outstanding team effort and performance contributing to our successful achievement of quality and schedule goals for the Hawiyah Gas Plant Project.

A Family of Companies

Over 69 years ago, Tom Reagan had a vision of founding a company that would deliver unequaled value to the Gulf of Mexico’s oil and gas market in the service of offshore electrical generation equipment. In 1946, that vision started to become a reality with the creation of Reagan Tool. The name later changed to Reagan Equipment Company. 

Fast-forward to today, and the Reagan legacy lives on in the Reagan Family of Companies (RFoC). Comprised of two operating companies and a corporate entity, the impact of this family of companies covers the entire planet.

The corporate entity, Orion South, is focused on supporting each of the operating companies in the areas of finance, information technologies, and legal matters involving contracts and human capital. Thomas Nathan Reagan, the son of Tom Reagan, is the current President and CEO that resides over the entire Reagan Family of Companies and is driving the Reagan legacy into the future.

The first of the two operating companies is Reagan Power and Compression (RP&C). This is the true offspring of the original Reagan Equipment Company. The second operating company is Point Eight Power.