Electrical Business

Business News
Greenlee acquires utility-based HD Electric Company


December 19, 2013
By Anthony Capkun

December 18, 2013 – Greenlee (A Textron Company) has acquired HD Electric Company, an Illinois-based designer and manufacturer of power utility products.

“The addition of HD Electric expands and strengthens our capabilities in the power utility segment,” said Scott Hall, president, Textron Industrial Segment and Greenlee. “The combination of HD Electric, Greenlee Utility and Sherman + Reilly allows us to offer a more complete product solution to the power utility customer.”

HD Electric specializes in test and measurement, controls and system monitoring, safety and specialty products for the electric power industry. The company employs 38 people and will join the Greenlee family of brands alongside Greenlee, Klauke, Greenlee Communications and Sherman + Reilly.

This is the second acquisition in the last six months by Greenlee, says the company, as it continues “to strengthen and expand its position in the power utility segment”.

Photo shows HD Electric’s LV-5 stray voltage detector.