Hubbell Announces Three Acquisitions in Its Power Segment

Oct. 7, 2008
Hubbell Inc. has acquired USCO Power Equipment Corp., CDR Systems Corp. and ElectroComposites Inc.

Hubbell Inc. has acquired USCO Power Equipment Corp., CDR Systems Corp. and ElectroComposites Inc. Financial terms were not disclosed.

Founded in 1946, USCO Power Equipment , based in Leeds, Alabama, has been serving the needs of the electric utility industry by providing high quality transmission line and substation disconnect switches and accessories. Available products cover voltage ratings from 15 through 500 kV and current ratings from 600 to 5500 amperes.

Started in 1970, CDR Systems Corp., based in Ormond Beach, Florida, with multiple facilities throughout North America, manufactures polymer concrete and fiberglass enclosures serving a variety of end markets, including electric, gas and water utilities, cable television and telecommunications industries. CDR brands include Electrimold, Hot Box and Comcore.

ElectroComposites Inc., based in Quebec, Canada, manufactures a high-voltage condenser bushing housed in composite materials. ElectroComposites offers a unique solid cast bushings line that meets North American and international standards. The composite products are a natural complement to Hubbell’s porcelain line.

Following completion of these transactions, USCO, CDR and ElectroComposites will join Hubbell’s Power segment, a designer and manufacturer of products serving the utility industry. The product range includes electrical transmission and distribution products as well as construction materials, which are sold under an array of brand names.

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