News / Press Releases

Allied Bolt, a subsidiary of Power Grid Components (“PGC”), is proud to announce the release of its new Two-Piece Stainless Steel Fiber Drop Clamp, Item #949. This next-generation clamp is engineered to support Corning’s SST™ and ROC™ Fiber Drop Cables, as well as...

Power Grid Components (“PGC”), a Blackstone portfolio company, has acquired Mid-Central Electric (“MCE” or “the Company”), a company specializing in the manufacturing of fixed-load transformers sold to distributors, original equipment manufacturers, and utilities. The...

Power Grid Components (“PGC”), a Blackstone portfolio company, announced its new brand today. This marks a significant transformation and reinforces its commitment to becoming the reliable partner of choice for electrical grid solutions. This new identity is a visible...

Power Grid Components (“PGC”), a Blackstone portfolio company, today announced the acquisition of Elliott Industries Inc. (“Elliott”), a company specializing in made-to-order electrical equipment for utilities, original equipment manufacturers (“OEMs”) and commercial...

Power Grid Components (“PGC”), a Blackstone portfolio company, today announced that it has acquired Vizimax Inc., a leading provider of innovative solutions to measure, control and switch high- and medium-voltage electric power systems. Vizimax’s cutting-edge...

Power Grid Components has acquired Allied Bolt, one of the leading global suppliers of outside plant hardware for the electrical utility and telecom industries. Power Grid Components (“PGC”), a Blackstone portfolio company, today announced that it has acquired Allied...

Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill Capital LLC. PGC is a leading domestic designer and manufacturer of a wide range of critical...

Shorehill Capital LLC (“Shorehill”) announced today the sale of Power Grid Components, Inc. (“Power Grid” or the “Company”) to Blackstone Energy Transition Partners, a private equity fund affiliated with Blackstone (NYSE: BX) (“Blackstone”). Blackstone completed the...