Latest from Mag
People - Dec 21, 2012
Obituaries - Dec 21, 2012
November EPI Index Shows No Change
Housing Starts Dip 4% in November
Electrical Marketing - December 21, 2012
Around the Industry - Dec 21, 2012
MacLean Power Systems LLC (MPS) has acquired the assets of Joslyn Manufacturing Co. LLC. Both companies are headquartered in Franklin Park, Ill. The terms of the sale were not announced.
The acquisition of Joslyn by MPS creates one of the broadest based suppliers of transmission, distribution, and substation products to the electric utility industry. Joslyn’s major product lines include pole line hardware, anchors, and surge arresters.
MacLean’s major product lines include connectors, clamps, transmission and distribution ferrous and non-ferrous hardware, fiberglass products, and composite insulators.
An MPS spokesman said the combined companies are better positioned to service and support the rapidly consolidating utility and telecommunications markets.
With this purchase, MacLean Power Systems will operate out of 10 facilities in four countries and will employ approximately 1,300 people.