I think its a good start (unless its already in production/use by that company).
I like the fonts used in the actual name and colors. However, Id make Eastern Engineering part a bit bigger to separate it from the rest.
Another idea is to remove the 2 Es all together and have the cool 'gears' on the side or on top or under the text (creative positioning is up to you).
Shadow effect is nice touch too

Overall, I think its good, just needs some final touches.
Keep it up
Dimitry