Circuit Breaker Sales acquires Federal Pacific Equipment
March 4, 2013 ByAnthony Capkun
March 4, 2013 – Circuit Breaker Sales Co. Inc. (CBS)—a provider of new and used circuit breakers, switchgear and related components—has acquired Federal Pacific Equipment Inc. (FPE) of Brick, N.J.
In addition to parts, components and inventory, Circuit Breaker Sales also acquired the company’s technical and historical libraries. “By adding Federal Pacific Equipment’s technical library to the ITE specification documents we acquired in 2007, Circuit Breaker Sales is now one of the largest providers of new, replacement and remanufactured parts for the industrial circuit breaker industry,” said Bill Schofield, president of CBS.
“At one point in history, Federal Pacific was one of the largest providers of residential and industrial circuit breakers in the United States. CBS’ growing library of historical records, card files and drawings will give our engineering staff the tools they need to help customers determine whether they need replacement parts, repairs, remanufactured components or retrofit upgrades to get their FPE and ITE electrical equipment safely up and running.”
While details of the acquisition were not disclosed, privately owned Circuit Breaker Sales Co. Inc. plans to move the equipment from Federal’s New Jersey facility to Group CBS’ Matthews, N.C., facility, then close those New Jersey offices. Former owner and long-time employee of Federal, John Cifrodella, will continue to serve as a consultant to CBS.
Print this page