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Hubbell Incorporated

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Hubbell Incorporated
Company typePublic
NYSE: HUBB
S&P 400 Component
IndustryElectrical and Electronic products
Lighting
Power Systems
Oil and Gas
Founded1888
FounderHarvey Hubbell
HeadquartersShelton, Connecticut,
United States
Number of locations
98
RevenueIncrease US$ 4.9 Billion (2018)[1]
Increase US$ 890 Million (2018)
Total assetsIncrease US$ 50.7 Billion
Total equityIncrease US$ 7 Billion (2018)
Number of employees
19,700[2] (2018)
SubsidiariesBurndy
Bryant Electric Company
Hubbell Lighting
Hubbell Power Systems
Hubbell Industrial Controls
Hubbell Premise Wiring
Marine Electrical Products
IDevices
Norlux
Metron Inc
GAI-Tronics Corporation
Ohio Brass
Turner Electric
Trinetics
Cableform Incorporated
Vantage Technology
Austdac Pty Limited
Strongwell Lenoir City, Inc
Victor Lighting
Atlas
Sterner Lighting
Haefely Hipotronics
Hawke Cable Glands Limited
Kellems Co. Inc
E. M. Wiegmann, Inc.
A. B. Chance Industries, Inc
Gleason Reel Corp.
Fargo Manufacturing Company, Inc
Devine Lighting
Chalmit Lighting
Siescor Technologies, Inc
Chardon Electrical Components, Inc.
Haefely Test AG
MyTech Corporation
LCA Group, Inc
Fabrica de Pecas Electricas Delmar LTDA
PCORE Electric Company, Inc
Kurt Versen, Inc.
USCO Power Equipment Corporation
CDR Systems Corp.
Varon Lighting Group, LLC
Wiley Electronics
TayMac Corporation
Continental Industries, Inc
Connector Manufacturing Company
Norlux
Powerohm Resistors Inc
Pen-Cell Plastics Inc
Opti-Loop Fiber Cable and Accessories Inc
Reuel Inc
Litecontrol Corporation
RigPower LLC
RFL Electronics Inc.
Electric Controller and Manufacturing Company LLC
Acme Electric Corp.
Aclara
Websitewww.hubbell.com

Hubbell Incorporated is an American company that designs, manufactures and sells electrical and electronic products for non-residential and residential construction, industrial and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905. It is ranked 577 by the fortune group. The company’s reporting segments consist of the electrical segment (comprising electrical systems products and lighting products) and the Power segment. Hubbell’s manufacturing facilities are located in the United States, Canada, Switzerland, Puerto Rico, Mexico, the People's Republic of China ("China"), Italy, the United Kingdom, Brazil and Australia and maintains sales offices in Singapore, China, India, Mexico, South Korea, and countries in the Middle East. Hubbell was previously headquartered in Orange, Connecticut,[3] and has now moved its headquarters to Shelton, Connecticut.[4] Hubbell Inc. assisted Allied efforts during World War II by manufacturing military vehicle electrical circuits, battery-charging systems for M4 Sherman tanks, power jacks for test meters, vacuum tube sockets for radio communications, and a line of electrical and electronic connectors for aircraft. Hubbell Inc is in List of S&P 400 companies having stocks that are included in the S&P 400 stock market index, maintained by S&P Dow Jones Indices.

History

Hubbell Incorporated was founded as a proprietorship in 1888 by Harvey Hubbell II. Born in Connecticut in 1859, he was a U.S. inventor, entrepreneur and industrialist. His best-known inventions are the U.S. electrical plug[5] and the pull-chain light socket.[6] He graduated from high school and began working for companies that manufactured marine engines and printing machinery. During this time, he accumulated several ideas for new inventions, and in 1888 he set out on his own, opening a small manufacturing facility in Bridgeport, Connecticut. Hubbell's first product was taken from his own patent for a paper roll holder with a toothed blade for use in stores that sold wrapping paper. This cutter stand became a tremendous success; it was a common feature of retail stores that used wrapping paper in the early 1900s and remained in wide use into the late 20th century.

Soon he discovered that he had to design machinery to make its parts. One of the first was a tapping machine, also his patent. Around 1896 with his business in machinery progressing, Hubbell's next patent was a major breakthrough in the fastener industry: the process and machinery for cold rolled screw threads which reduced the rate of material lost in production by more than 50%. He designed and built progressive blanking and forming dies, patented machinery to slot screw heads, a machine to assemble screws and small parts, devised tools to indicate speed, and patented a changeable speed screwdriver. Hubbell's idea was to provide convenience, safety, and control to an electric light with his new "pull socket" which was patented in August 1896.[7] The same familiar device with its on/off pull chain is still in use today. He built three prototypes by hand using metal and insulated wood parts to design a product with individual wires permanently attached in the proper sequence and correct polarity, and one which could be connected or disconnected, easily and safely, to a power supply in the wall. cartridge fuses and fuse block, lamp holders, key sockets - soon followed the same path Later, Hubbell's "separable plug" design took shape on the drawing board back in Bridgeport, and then submitted to the patent office in Washington, D.C. Additional designs based on that basic concept - separable plugs in different configurations, a single flush mounted receptacle - as well as new products for electrical circuits.[8] One of the most successful and the one most familiar today, was the duplex receptacle which is still found everywhere that electrical power is used.

In 1901 Hubbell published a 12-page catalogue that listed 63 electrical products of his company's manufacture, and four years later he incorporated his enterprise as Harvey Hubbell, Incorporated , In the same year, the company registered its trademark of "...a sphere with meridian lines and the name 'Hubbell' centered within." Hubbell's pace of new ideas and product design did not falter. In 1909 the company began constructing a four-floor factory and office building that would become the first building in New England made of reinforced concrete.

Between 1896 and 1909 he was granted 45 patents on a wide variety of electrical products company's product lines had been continuously expanded. Catalogue #17 was published in March 1917 .[9] The catalogue had more than 100 pages and listed more than a thousand products. In bulb sockets alone, the company manufactured 277 different types and sizes. Hubbell's toggle action light switch which incorporated a "quick make or break" feature to meet the rigid requirements of Underwriters' Laboratories (UL) was replacing the former two button type push switch . Hubbell designed a "Loxin" mechanism which fit into any standard socket and locked the bulb in place. Falling lightbulbs no longer endangered streetcar passengers, and overly thrifty commuters had to find a new source of replacement bulbs for home use. For the home, the company developed a system for lighting fixture connections called "Elexit" which allowed the homeowner to install most fixtures without hiring an electrician.

Company's first era ended when its founder Harvey Hubbell II died on December 17, 1927. He was succeeded as president of the company by his son, Harvey Hubbell III. Twenty-six years old when he succeeded his father, Harvey Hubbell III had already spent years working in the business. That early experience with electrical equipment engineering and learning the discipline of production was to stand the company in good stead in the decades to come.

Harvey Hubbell III soon showed that he had inherited his father's twin acumen for product innovation and business development. In product innovation, he devised the company's lines of Twist-Lock industrial connectors with new 2-,3-,and 4-wire devices of various ratings, designed a whole new series of locking connectors for industrial use which he named "Hubbellock", and introduced heavy-duty, circuit-breaking devices. The company played a large part in the war effort by meeting the demand for electrical components and systems to power the nation's industries and by developing products for the special applications needed by military. These included components for military vehicle electrical circuits, battery-charging systems for M-4 tanks, power jacks for test meters, vacuum tube sockets for radio communications, and a line of electrical and electronic connectors for aircraft. The company's years of experience in building devices reliable enough for industrial use was a valuable asset in the production of products which could perform under rugged battlefield conditions. A second plant was opened in Lexington, Kentucky, in order to meet the demand and as a safety measure since the main plant in Bridgeport was considered vulnerable to air or sea attack.

Hubbell had been one of the first to manufacture flush toggle switches for alternating current only. The first Safety Receptacle was designed and produced as were the original "grounding only" devices which helped to set the standards for the industry. And while Hubbell was busy on land, the company found new opportunities at sea. In 1952, the ocean liner "SS United States" was launched in Newport News, Virginia. Queen of the seas for many years, the ship was completely fitted with Hubbell wiring devices designed expressly for narrow stateroom partitions and to withstand the effects of salt air. An ardent yachtsman himself, Harvey Hubbell III designed a complete family of corrosion resistant devices including both on-board and dockside equipment for the expanding pleasure boat industry. Familiar sights at marinas today, these first products were so successful that alternative designs were produced for many industrial applications where corrosive atmospheres and materials posed challenges for standard wiring devices.

The company's sales in new products and continuing lines increased proportionately to these successes, but more was to come as Harvey Hubbell, Incorporated added diversification. Beginning in 1960, the company entered a new period of rapidly expanding growth in both sales and income. Much of the growth resulted from the company's internal product development, a longstanding Hubbell tradition, and a source which expanded under the industry leadership of Harvey Hubbell III and other Hubbell engineers. A second source of growth through acquisition. 1960 onwards to till now Hubbell Incorporated has acquired many brands working for power, electric, lighting sectors. Hubbell Incorporated has grown to be an international manufacturer of electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications

Acquisitions

In addition to its growth in both sales and income from the product development, a second source of growth is through acquisition.

Sortable table
Company or asset acquired Location Date From Products Notes
Kellems Co. Inc Shelton, Connecticut 1962[10] Kellems Co. Inc mesh grips, cord connectors, and wire management products
Ohio Brass Wadsworth, OH and Aiken, SC 1978 Ohio Brass Polymer and porcelain insulators and arresters used in the transmission, substation and distribution markets. Designs include suspension, station and line post, as well as polymer insulator and arrester combinations for lightning protection.
Bryant Electric Company Bridgeport, Connecticut, United States 1991[11][12] Bryant Electric Company wiring devices, electrical components, and switches
Haefely Hipotronics United States, Switzerland 1992[11][13] Haefely Hipotronics EMC Test Equipments, High Voltage Test system, Instruments, OEM Equipments
E. M. Wiegmann, Inc. St. Louis 1993[11][14] E. M. Wiegmann, Inc fabricates cabinets, panels, and other enclosures
A. B. Chance Industries, Inc Centralia, MO 65240 USA 1994[11][15] A. B. Chance Industries, Inc electric utility transmission and distribution products for the telecommunication, construction, pipeline and consumer markets.
Anderson Electrical Products StLeeds AL 35094 January 2, 1996[16] Square D Company electrical connectors, clamps, fittings and accessories for substations, transmission and distribution lines, crimping tool.
Gleason Reel Corp. Mayville, Wisconsin January 31, 1996[16][17] Gleason Reel Corp manufactures cable and hose reels, protective steel and nylon cable traks (cable and hose carriers), cable festooning hardware, container crane reels, slip rings, workstation accessories and components such as balancers, retractors, torque reels, and column, tool support, boom and jib kits.
Fargo Manufacturing Company, Inc Poughkeepsie, New York February 14, 1997[18] Fargo Manufacturing Company, Inc manufacture distribution and transmission line products for the electric utilities.
Devine Lighting Kansas City, MO 1998,[19] Architectural, Step Lights & Surface Mount
Sterner Lighting Eden Prairie, MN 1998,[19] Extruded Site & Precision Flood lighting
Chalmit Lighting Hilington, Scotland 1998,[19] Lighting for Harsh & Hazardous Area
Siescor Technologies, Inc Tulsa, OK 1998,[19] Siescor Technologies, Inc manufactures digital loop carrier systems used to connect subscribers to central office telephone switches, fiber and digital microwave networks.
Certain Assets of Chardon Electrical Components, Inc. Greenville, TN February, 1999,[20] Chardon Electrical Components, Inc. Manufacture loadbreak and deadbreak products, splices and terminations.
Haefely Test AG Basel, Switzerland July, 1999,[20][21] Trench Switzerland AG High voltage test systems, instrumentation equipment, electromagnetic test equipment used in compliance testing of telecommunications and Local Area Network Systems (LANS).
GAI-Tronics Corporation Mohnton, Pennsylvania July, 2000[22][23] GAI-Tronics Corporation supplier of communications systems designed for indoor, outdoor and hazardous environments.
MyTech Corporation Austin, Texas October, 2001[22] MyTech Corporation manufacture sensors, high intensity discharge ("HID") dimming controls, photocells and other lighting related electronic control products. Is included in Electrical Segment
Hawke Cable Glands Limited Ashton-Under-Lyne, England March, 2002[22] Hawke Cable Glands Limited manufacture cable glands, cable connectors, light fixtures, control centers, panel boards, motor control enclosures and electrical equipment, cable transit, breathers, and field bus products. Is included in Electrical Segment
LCA Group, Inc. [Lighting Corporation of America] S. Houston, TX 77587-3028 March, 2002[22] U.S. Industries, Inc manufacture outdoor and indoor lighting products.
Atlas 2005[citation needed] civil helical anchor business
Fabrica de Pecas Electricas Delmar LTDA Brazil 2005[citation needed] manufacturer of surge arresters, cutouts, and utility products
Victor Lighting United Kingdom 2005[citation needed] Above ground Lighting and Cable Products for Harsh, Hazardous & Industrial Areas
Strongwell Lenoir City, Inc Lenoir City, TN June,2006 [24] Strongwell Lenoir City, Inc manufacture concrete products, surface drain products. renamed Hubbell Lenoir City, Inc
Austdac Pty Limited New South Wales, Australia November 2006[24] Austdac Pty Limited manufacture hazardous applications utility products Added to the Industrial Technology segment.
PCORE Electric Company, Inc LeRoy, New York October 2007[25] PCORE Electric Company, Inc manufacture high voltage condenser bushings included in the Power segment
Kurt Versen, Inc. Westwood, New Jersey January 2008[26] Kurt Versen, Inc. manufacture lighting fixtures Added to the lighting business within the Electrical segment.
USCO Power Equipment Corporation Leeds, Alabama August 2008[26] USCO Power Equipment Corporation provides switches and accessories to the electric utility industry. Added to the Power segment
CDR Systems Corp. Ormond Beach, Florida September, 2008[26] CDR Systems Corp. manufactures polymer concrete and fiberglass. Added to the Power segment
Varon Lighting Group, LLC California, Florida, and Wisconsin December, 2008[26][27] Varon Lighting Group, LLC provides lighting fixtures Added to the lighting business within the Electrical segment.
Burndy LLC Manchester, New Hampshire October 2, 2009[28][29][30] manufacturer and seller of compression and mechanical connectors; transmission and substation grounding connectors and overhead line connectors), cable accessories, battery tools, cable management systems. Added to electrical segment
Wiley Electronics Manchester, New Hampshire 2011[citation needed] Wiley Electronics provider of grounding, bonding, and cable management solutions for solar panel and rack mounting applications
Metron Inc 2011[citation needed] fire pump control products manufacturer
Cableform Incorporated Delaware 2012[citation needed] mining and tunneling products
TayMac Corporation 2012[citation needed] weatherproof 'while-in-use' outlet enclosures
Trinetics 2012[citation needed] utility switches, capacitors and component parts
Vantage Technology 2012[citation needed] plugs and connectors
Continental Industries, Inc 2013[31] Continental Industries, Inc pipeline connectors and electrical connector products
Connector Manufacturing Company 2013[31] Aluminum and copper connectors, offering mechanical and compression designs
Norlux 2013[31] LED component
Powerohm Resistors Inc., Pen-Cell Plastics Inc, Opti-Loop Fiber Cable and Accessories Inc, Reuel Inc, Litecontrol Corporation, RigPower LLC, RFL Electronics Inc. (RFL Electronics- North America) 2014[32] Powerohm Resistors Inc. (resistors); Pen-Cell Plastics Inc. (utility enclosures); Opti-Loop Fiber Cable and Accessories Inc. (cable storage); Reuel Inc. (apparatus bushings and insulators); Litecontrol Corporation (Fluorescent and LED Lighting); RigPower LLC (single pole connectors); RFL Electronics Inc. (protective relays, multiplexors, telecontrols)
Electric Controller and Manufacturing Company LLC, Acme Electric Corp., Turner Electric 2015[32] Electric Controller and Manufacturing Company LLC (mill-duty crane control products); Acme Electric Corp. (dry-type transformers and toroids); Turner Electric (disconnect switches)
Aclara Technologies LLC St. Louis, Missouri 5 February 2018[33] Electricity meters, Smart meters, Advanced Metering Infrastructure, Smart Grid Monitoring sensors Added to Power segment

Business line

Hubbell designs, manufactures and sells various product under three major sections which are Electrical systems, Lighting Products and Power Segment. Some of the major products are as follows[32][34][35][36]

Electrical segment

Cable reels, Wiring devices & accessories, Junction boxes, plugs & receptacles, Cable glands & fittings, Switches & dimmers, Datacom connectivity & enclosures, Connectors & tooling, Pin & sleeve devices, Speciality communications equipment, Floor boxes, Electrical motor controls, High voltage test systems, Ground fault devices, Steel & plastic enclosures, Mining communication & controls [37]

Lighting products

Canopy lights, Parking lot/parking garage fixtures, Decorative landscape fixtures, Emergency lighting/exit signs, Bollards, Fluorescent fixtures, Floodlights & poles, Bath/vanity fixtures & fans, Ceiling fans, LED components, Chandeliers & sconces, Site & area lighting, Recessed, surface mounted& track fixtures, Athletic & recreational field fixtures, Occupancy dimming & daylightharvesting sensors[27]

Power segment

Arresters, High voltage bushings, Grounding equipment, Cutouts & fuse links, Insulators, Programmable reclosers, Pole line hardware, Cable terminations & accessories, Sectionalizers, Helical anchors & foundations, Formed wire products, Lineman tools, hoses & gloves, Overhead pad mounted & capacitor, switches , Splices, taps & connectors, Polymer concrete & fiberglass enclosures and equipment pads

References

  1. ^ "Hubbell Inc, Form 10-K, Annual Report, Filing Date 11/05/2015" (PDF). secdatabase.com.
  2. ^ "Hubbell Competitors, Revenue and Employees - Owler Company Profile". Retrieved 2019-07-26.
  3. ^ Prevost, Lisa (May 7, 2010). "Hubbell Plans Housing for Its Orange Site". The New York Times. Retrieved 24 June 2013.
  4. ^ "shelton-based company marks its 125th year in business". Shelton Herald. 16 January 2014. Retrieved 6 November 2015.
  5. ^ U.S. Patent #774,250, Separable Attachment Plug
  6. ^ U.S. Patent #565,541, Socket for Incandescent Lamps
  7. ^ "Patent".
  8. ^ "Patent".
  9. ^ "Catalogue". worthpoint.com.
  10. ^ "Kellecms Co. Inc. about".
  11. ^ a b c d "Hubbell Inc, Form 10-K,Filing Date Dec 03/25/1994". edgar.secdatabase.com.
  12. ^ "bryant-electric about".
  13. ^ "Haefley Hipotronics – about".
  14. ^ "about".
  15. ^ "A B chance Inc about".
  16. ^ a b "Hubbell Inc, Form 10-K,Filing Date Dec 03/27/1996". edgar.secdatabase.com.
  17. ^ "Gleason Reel Corp. about".
  18. ^ "Hubbell Inc, Form 10-K,Filing Date Dec 03/27/1997". edgar.secdatabase.com.
  19. ^ a b c d "Hubbell Inc, Form 10-K,Filing Date Dec 03/25/1998". edgar.secdatabase.com.
  20. ^ a b "Hubbell Inc, Form 10-K,Filing Date Dec 03/27/2000". edgar.secdatabase.com.
  21. ^ "Haefely Test AG about".
  22. ^ a b c d "Hubbell Inc, Form 10-K,Filing Date Dec 03/20/2002". edgar.secdatabase.com.
  23. ^ "GAI-Tronics Corporation".
  24. ^ a b "Hubbell Inc, Form 10-K,Filing Date Dec 02/27/2007". edgar.secdatabase.com.
  25. ^ "Hubbell Inc, Form 10-K,Filing Date Dec 02/25/2008". edgar.secdatabase.com.
  26. ^ a b c d "Hubbell Inc, Form 10-K,Filing Date Dec 02/20/2009". edgar.secdatabase.com.
  27. ^ a b "LedsMagazine news". ledsmagazine.com. 2009-01-02.
  28. ^ "Hubbell Inc, Form 10-K,Filing Date 02/19/2010". edgar.secdatabase.com.
  29. ^ COMPANY NEWS; Hubbell Agrees to Acquire Burndy
  30. ^ "About Burndy".
  31. ^ a b c "Hubbell Inc, Form 10-K,Filing Date 02/18/2014". edgar.secdatabase.com.
  32. ^ a b c "Hubbell Inc, Form 10-K,Filing Date 02/19/2015". edgar.secdatabase.com.
  33. ^ "Hubbell Incorporated Completes Acquisition of Aclara Technologies LLC". Retrieved 15 October 2019.
  34. ^ "Nema members list". Archived from the original on 2016-09-01. Retrieved 2015-11-06.
  35. ^ "NEMA listed products". nema.org.
  36. ^ "NEMA showing hubbell products". nema.org.
  37. ^ "NEMA listing hubbell wiring division". nema.org.
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