January 2008

Thomas &Betts Corp., Memphis, TN, has acquired The Homac Manufacturing Company, a manufacturer of components used in utility distribution and substation markets, as well as industrial and telecommunications markets, for $75 million. In 2007, Homac sales were $65 million.
 
Thomas &Betts is a manufacturer of electrical components used in construction, industrial and utility markets. The company is also a producer of commercial heating and ventilation units and highly engineered steel structures used primarily for utility transmission. …

Thomas &Betts Corp., Memphis, TN, has decided to sell the plastic pipe business acquired with the company’s recent purchase of Lamson &Sessions Co.
 
The company will sell the business, which includes polyvinyl chloride (PVC) and high-density polyethylene (HDPE) conduit, duct and pressure pipe used in construction, industrial, municipal, utility and telecommunications markets sold under the Ameriduct, Pyramid, Lamson Vylon and other brand names. The products generated $230 million in sales for the 12-month period ended Sept. 30, 2007. The operations are headquartered in Cleveland, Ohio.
 
Thomas &Betts Corporation is a manufacturer of electrical components used in construction, industrial and utility markets. The company is also a producer of commercial heating and …

Arrow Electronics, Melville, NY, has agreed to acquire the electronic components distribution business of Hynetic Electronics and Shreyanics Electronics in India.
 
This acquisition will be beneficial to Arrow, with an expanded customer base focusing on the rapidly growing small- and medium-sized market and additional strategic product lines, critical for Arrow to further expand market share in India,” said Peter Kong, president of Arrow Asia Pacific.
 
Arrow is a global supplier of products and services to industrial and commercial users of electronic components and computer products. It has 260 locations in 55 countries and territories. …

Schneider Electric has agreed to acquire IMS, a U.S. company that designs and manufactures integrated motor and drive products with revenues around $20 million in 2007.
With this acquisition, Schneider Electric strengthens its presence in general motion control through the fast-growing integrated motor and drive market.

With this acquisition, we will expand our product offering for OEM customers in the U.S. while providing increased technical support in motion applications,” said Michel Crochon, executive vice president of the Automation Business Unit at Schneider.

IMS’s product are used in robotics, medical, assembly, semiconductor, packaging, engraving and pick-and-place.
 
Schneider Electric has operations in 190 countries with sales of …