Hubbell Reports Earnings

Hubbell Inc., Orange, Conn., reported net sales in the fourth quarter of 2008 were $652.1 million, an increase of 6 percent from the $614.7 million reported for the same period in 2007. Net income in the fourth quarter of 2008 was $46.3 million compared to $48.0 million reported in the fourth quarter of 2007.

In the fourth quarter of 2008, the company invested approximately $56 million to acquire Varon Lighting Group LLC, which has become part of Hubbell's Lighting business. Varon pro

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