April 19, 2010—S&C Electric Company (S&C) and MacLean Power Systems (MPS) today announcedthat they have closed their previously announced agreement on polymer and porcelain cutouts. Under this agreement, MPS has acquired certain assets related to S&C's polymer fuse cutout line and has been granted by S&C the exclusive rights to market and sell porcelain fuse cutouts in the U.S. and Canada. All open orders previously placed with S&C will now be filled by MPS, and all new Type XS cutout orders for the U.S. and Canadian markets should be placed with MPS.
The addition of fuse cutouts to MPS's product offering is in response to customer requests for MPS to provide a more complete market basket for distribution line construction. The fuse cutout better aligns MPS with the competition and positions MPS to provide improved supply chain economies. For polymer fuse cutouts specifically, the agreement combines S&C's industry-leading fuse cutout expertise with MPS's world-class capabilities in silicone rubber insulator design and manufacturing.
For S&C, this agreement enables the company's U.S. and Canadian teams to more strongly focus on developing innovative new products, including those for the Smart Grid.
About MacLean Power Systems
Privately held MacLean Power Systems, a MacLean-Fogg Company, is a worldwide leading manufacturer of products used by utilities for building communication, transmission and distribution lines and power substations. With global raw material sourcing capabilities, MPS produces over 10,000 items for the Power, Communication and Civil construction markets. Through innovation, quality and service, the MPS mission is to provide products and services that support the delivery of reliable power. For more information about our diverse product offering, visit our website at www.macleanpower.com.
About S&C Electric Company
S&C, headquartered in Chicago, IL, is applying its heritage of innovation to address challenges facing the world's power grids and thus shaping the future of reliable electricity delivery. The mission of employee-owned S&C is to continually develop new solutions for electricity delivery, fostering the improved efficiency and reliability required for the intelligent grid. Additional information about S&C is available at www.sandc.com
MacLean Power Systems
Contact: Dennis Zalar, VP Marketing
E-Mail: [email protected]
S&C Electric Company
Contact: Steven A. Strand, Advertising Programs Supervisor
E-Mail: sstra[email protected]