Hubbell Inc., Orange, Conn., has agreed to acquire USCO Power Equipment Corp., CDR Systems Corp., and ElectroComposites Inc. Financial terms were not disclosed.
USCO Power Equipment Corp., based in Leeds, Ala., has been serving the needs of the electric utility industry since 1946 by providing 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.
CDR Systems Corp., based in Ormond Beach, Fla., 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.
ElectroComposites Inc., based in Quebec, Canada, manufactures a high-voltage condenser bushing housed in composite materials. ElectroComposites offers a solid cast bushings line that meets North American and international standards. The composite products are a complement to Hubbell’s porcelain line.
Following completion of these transactions, USCO, CDR and ElectroComposites will join Hubbell’s Power segment.
“USCO, CDR, and ElectroComposites are an outstanding fit with Hubbell’s Power business,” said Timothy H. Powers, chairman, president and chief executive officer of Hubbell Inc. “The product lines extend our business in the Power segment to more fully service our customer base, both domestically and internationally, and will generate growth in this attractive segment.”