Published In April 2001
Quanta Services, Houston, reported record fourth quarter results, with revenues up 65 percent and a net income increase of 42 percent over the comparable 1999 quarter ended Dec. 31. Revenues for the 2000 period were $548.2 million and net income reached $37.3 million. EMCOR Group, Norwalk, Conn., also set fourth quarter records, reporting that revenues totaled $930.3 million for the period ended Dec. 31, 2000, up 9.9 percent over the revenues of $846.7 million for the 1999 quarter. Net income was $14.5 million, an increase of 24.1 percent over the 1999 fourth quarter figure of $11.7 million. Effective March 9, bestroute.com, DeWitt, N.Y., became a dot.com casualty, shutting down after lasting about one year online. It was a subsidiary of Hughes Supply Inc., Orlando, Fla., specializing in providing real-time inventory of hard-to-find electrical/voice/data products. Agilent Technologies, Palo Alto, Calif., and Maxsys Technologies, Irvine, Calif., are partnering on wireless solutions. Maxsys becomes the primary global delivery mechanism for Agilent’s wireless R F test instruments employed in high-volume manufacturing. Ideal Industries, Sycamore, Ill., has announced the expansion of its flagship electrical connector business by acquiring Anderson Power Products, a privately held division of High Voltage Engineering, headquartered in Massachusetts. MagneTek Inc., Los Angeles, has acquired ADS The Power Resource Inc., Dallas, a privately held power integrator. Together with previously acquired J-Tec Inc., ADS expands MagneTek;’s ability to produce turnkey power systems from 1 through 10,000 amps. Separately, MagneTek Lighting Products Group, Nashville, Tenn., announced that it has entered into a partnership with EDN (Electrical Distributors Network). WESCO International, Pittsburgh, has acquired Heming Enterprises Inc., a major distributor serving utility and telecommunications contractors in key urban areas of California, Washington state, Arizona, and Utah. In other news about WESCO, SmartElectrical, Seattle, has launched and fully integrated WESCO Distribution into its Web-based marketplace. In Anaheim, Calif., BuildPoint Corp., announced the successful integration of WESCO’s order management system with BuildPoint’s online transactional catalog. Greenlee Textron, Rockford, Ill., has acquired Tempo Research Corp., Vista, Calif., in a move to expand its presence in the telecommunications test equipment market. With year 2000 sales of $52 million, Tempo, a leading supplier of advanced technology testing equipment, brings with it a recently acquired Tektronix Inc. multifunction test set product line. NLSC Products LLC, Golden Valley, Minn., has acquired the assets of Northwest Lighting Systems Co., also of Golden Valley, a direct marketer of ballasts and lamps to electrical contractors and distributors nationwide. Northwest was acquired from the estate of its founder, James D. Miller, and will continue to operate under that name. Fiber Optic Network Solutions (FONS) Corp., Northboro, Mass., has signed a license agreement with British Telecommunications plc (BT) to integrate BT’s patented technology into its proprietary manufacturing processes to further enable its high volume production of fused products. Fused components are used for the splitting and combining of signals in high-capacity transport networks. American Power Conversion, West Kingston, R.I., has announced that Vectren Corp. will offer its complete line of AC power protection solutions to help increase the availability of computer systems and other sensitive electronics for Vectren’s nearly 1 million residential, commercial, and industrial customers throughout two-thirds of Indiana and west central Ohio. Siemens Solar Industries L.P., Camarillo, Calif., announced that its Dutch subsidiary will be supplying the largest solar roof installation in the world. Approximately 19,000 solar modules with a cumulative peak power of 2.3 megawatts will be provided for the Floriade 2002 international horticultural exhibition in Amsterdam. The solar nodules will simultaneously function as the actual roof for a semi-open greenhouse and as an electrical plant. Total area of the solar installation is around 25,000 square meters or equivalent to almost three soccer fields. MGE UPS Systems, Costa Mesa, Calif., has formed the Facility Solutions Alliance (FSA) with key industrial leaders to support mission-critical networks and facility operations with power, environmental control, and monitoring systems. Among the companies represented in the FSA are Albercorp, Cummins Onan, EFI, PowerLogic, Square D, and Stulz. In a separate announcement, MGE said that Hewlett-Packard is now offering select MGE uninterruptible power supplies to its 9000 Enterprise Server customers. DTE Energy Services, Ann Arbor, Mich., has formed a strategic alliance with Washington Group International, under which Washington Group will be the firm of choice for engineering and construction support for DTE projects in the merchant power and in the industrial energy sector. DTE Energy Technologies, Farmington Hills, Mich., has opened a 22,000-square-foot generator development, test and assembly facility to test and initially assemble energy/now power generators, including the company’s 400-kilowatt mini-turbines. Black Box Corp., Pittsburgh, has merged with Michael Electric Inc., New Brunswick, N.J. Black Box is a worldwide technical service provider of network services and related products. Michael Electric provides technical design, installation, and maintenance services for premises cabling, and has annual revenues of about $15 million. International Automated Systems (IAS), American Fork, Utah, has completed a successful test run of a prototype turbine engine that represents a breakthrough technology to generate electricity. A 600-horsepower turbine will likely weigh less than 50 pounds and can use virtually any type of fuel including coal. Commercial production of the turbine engine is expected to begin later this year. Inexpensive electric power systems for homes and business establishments represent a primary target market. Coleman Cable Inc., Waukegan, Ill., has purchased certain assets from Spectrum Wire Corp. The acquisition of machinery, equipment, and a portion of Spectrum’s inventory will facilitate Coleman’s growth position in the low-voltage wire and cable market. Ortronics Inc., New London, Conn., has released its new ANSI/TIA/EIA 570A Residential Standard Pocket Reference Guide. It is designed to provide an easy-to-follow reference to the recently published 570A, which requires cabling practices drastically different from the current methods followed by most builders and installers in the field. Anixter, Skokie. Ill., has certified, through its Levels Channel program, DataThing, a modular furniture system that offers high-speed voice and data access. Developed by Haworth Inc. and Krone, the panel-to-panel cabling system is being distributed exclusively by Anixter. The convenient and easy-to-install system eliminates the need for a company to reroute or replace cable every time it reconfigures its office. The reusable panels, electrical wiring, and communications cabling all snap together easily. ConEd Communications (CEC), New York City, has formed a strategic relationship with EurekaGGN, a provider of integrated communications services. The new alliance, which is expected to generate up to $10 million in revenues for CEC, will enable CEC to gain access to as many as 150 New York City buildings currently served by EurekaGGN. Under the terms of the five-year agreement, CEC will offer access to its fiber optic broadband network to EurekaGGN, which will provide the telecommunications and Internet services within the buildings. Electro/Safe Inc., Albany, N.Y., has acquired the equipment and patents that were formerly owned by ComposiTools Inc. Milwaukee Electric Tool Corp., Brookfield, Wis., is celebrating the 50th anniversary of its Sawzall portable hacksaw by offering a serialized collector’s edition––and Orbital Action Super Sawzall––that features an anniversary emblem, a brass nameplate, and a heavy-duty, water-resistant commemorative contractor bag.