Electrical Business

News
Ferraz acquires GE’s power fuse operations


July 19, 2008
By Anthony Capkun

Carbone Lorraine has acquired General Electric’s Power Fuse operations from GE Consumer & Industrial through its American-based Electrical Protection division, Ferraz Shawmut LLC. Based in Vieques, Puerto Rico, the operations will be combined with the existing Ferraz Shawmut medium-voltage fuse business based in Newburyport, Mass.

Acquiring
GE’s medium-voltage fuse business represents a significant expansion
for Ferraz Shawmut in terms of product offering and fuse technology,
says Carbone, and strongly enhances its position in this segment of the
power fuse industry.


Carbone
says it is following through on a selective acquisitions policy aimed
at accelerating the profitable growth of its activities in the coming
years, which includes reinforcing its offerings in medium-voltage
products, a segment targeted by the Electrical Protection division.



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