Powell Industries
Powell Industries, Inc. engages in the development, design, manufacture, and servicing of custom engineered-to-order equipment and systems for the management and control of electrical energy and other critical processes. Segments The company operates in two business segments: Electrical Power Products Segment and Process Control Systems Segment. Electrical Power Products segment The Electrical Power Products Segment designs, develops, manufactures, and markets engineered-to-order electrical power distribution and control systems designed to distribute, monitor and control the flow of electrical energy; and to provide protection to motors, transformers and other electrically-powered equipment. Its principal products include power control room packages, distribution switchgear, offshore modules, motor control centers, and bus duct systems. These products are designed for application voltages ranging from 480 volts to in excess of 38,000 volts and are used in the transportation, industrial, and utility markets. The company has a long-term commercial alliance with GE Consumer & Industrial whereby it supplies ANSI medium voltage switchgear to GE. Customers and Markets: This segment’s principal products are designed for use by and marketed to users of electrical energy. Its customers include oil and gas producers, oil and gas pipelines, refineries, petrochemical plants, electrical power generators, public and private utilities, co-generation facilities, mining/metals, pulp and paper plants, transportation systems, governmental agencies, and other industrial customers. Products and services are principally sold directly to the end-user or to an engineering, procurement and construction (EPC) firm on behalf of the end-user. Process Control Systems segment The Process Control Systems Segment designs and delivers technology solutions that help its customers manage their critical transportation, environmental, energy, industrial and utility facilities. The company offers a set of professional services that specialize in the design, integration and support of control, security/surveillance and communications systems. These systems allow its customers to manage their vital processes and facilities. Customers and Markets: This segment’s products and services are principally sold directly to end-users in the transportation, environmental, energy and industrial sectors. History Powell Industries, Inc. was founded in 1947.
Milestones
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Powell Industries added
Mark Reid as Executive Vice President .
Posted 10/21/09 at 9:12pm
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Posted 10/21/09 at 9:12pm
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Posted 10/21/09 at 9:12pm
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Went public with stock symbol NASDAQ:POWL.
Posted 10/21/09 at 9:13pm
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Powell Industries acquired
PowerComm for $31.8M.
(10/1/09)
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Sources
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Powell Industries to Acquire PowerComm Business (freshnews.com) [edit]
