Power Grid Components (“PGC”), a Blackstone portfolio company, is pleased to announce an exclusive agreement between its subsidiary, Newell, and GAMMA Insulators (“GAMMA”). As part of this agreement, Newell will expand its product line to include GAMMA’s composite distribution insulators for the North American market. This strategic addition reflects PGC’s commitment to strengthening its commercial capabilities and supporting the evolving needs of customers in the North American utility sector.

Newell expands its product offerings with high-quality composite insulators, enhancing nearshoring efforts and service reliability for North American utilities.

Power Grid Components (“PGC”), a Blackstone portfolio company, is pleased to announce an exclusive agreement between its subsidiary, Newell, and GAMMA Insulators (“GAMMA”). As part of this agreement, Newell will expand its product line to include GAMMA’s composite distribution insulators for the North American market. This strategic addition reflects PGC’s commitment to strengthening its commercial capabilities and supporting the evolving needs of customers in the North American utility sector.

“At PGC, we seek manufacturers who share our values and our commitment to delivering reliable products for the growing electrical grid,” said Rick Stanley, President of Newell. “GAMMA’s expertise in producing high-quality insulators will be instrumental in enhancing our capabilities to service customers in the North American market. By leveraging GAMMA Insulators’ manufacturing capabilities in Colombia, this strategic agreement significantly strengthens Newell’s nearshoring efforts. This move ensures more reliable service through reduced lead times, improved logistics, and greater control over our supply chain, ultimately benefiting Newell’s North American customers. Furthermore, GAMMA’s unique offering of porcelain F-neck and aluminum F-neck line posts differentiates Newell’s offerings from the current market.”

GAMMA brings over 60 years of experience in insulator manufacturing with a proven track record as a leading producer in the Central and South American markets.

“GAMMA has been a leading producer of insulators for over 60 years,” said Claudia Arango Botero, General Manager, Energy Business, at GAMMA. “In this new chapter, we look forward to continuing to provide leading engineered products and adding capacity and service capability to the PGC commercial teams.”

PGC remains focused on expanding its product lines within the electrical grid segment. These products are used in mission-critical applications with a strong focus on electrical substations and overhead distribution lines.

About Power Grid Components:

Power Grid Components, Inc. was formed by electrical utility veteran Rick McClure in 2017 to acquire and grow companies that supply products used in the North American electric power grid and adjacent industries. Since its founding, PGC has acquired eight businesses. Today, PGC is a supplier of high-voltage disconnect switchgear, high-quality porcelain and glass insulators, instrument transformers, outside plant hardware, controlled switching devices, power distribution products, and fixed-load transformers.

About Newell:

A decades-long preferred manufacturer and supplier of solid core station posts, Newell has expanded its product line to include overhead line products. The company now has one of the broadest porcelain offerings in the United States, with products that include station posts, line posts, transmission suspension and distribution insulators, and apparatus porcelain. All Newell products meet or exceed ANSI, IEC, and IEEE standards, ensuring the highest levels of quality and reliability.

About GAMMA:

GAMMA Insulators, a subsidiary of Corona, is a leading manufacturer of electrical and utility line products based in Colombia. GAMMA specializes in isolation equipment and solutions for electric utilities, equipment manufacturers, and distributors. With over 60 years of experience, GAMMA Insulators operates state-of-the-art, ISO-certified manufacturing facilities to produce high-quality solutions for the global utility market.

For press inquiries, please contact:

Elisabeth Law
elisabeth.law@pgc.com

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 similar fiber cable profiles from other manufacturers.

Innovative design delivers faster, easier installation and improved performance for fiber cable support applications.

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 similar fiber cable profiles from other manufacturers.

The #949 Clamp introduces a reimagined design that streamlines field installation while enhancing performance and reliability for telecom and utility crews. “At Allied Bolt, we’re committed to developing hardware solutions that reflect the practical needs of field technicians and deliver meaningful improvements to jobsite efficiency,” said Austin Odum, Product Manager at Allied Bolt. “Building on our legacy of engineering excellence, this new clamp delivers enhanced safety and quicker installation — while maintaining the strength and quality our customers rely on.”

Key benefits of the new #949 Fiber Drop Clamp include:

• Fast installation without having to set the shim while trying to place over the fiber cable.
• Integrated shim/wedge prevents installation without the shim.
• Designed for easy installation while wearing work gloves.
• Clamp can easily be loosened and reinstalled to adjust the slack of fiber cable.
• Elongated bail wire provides extra clearance for making attachments too difficult to reach hooks, clamps, or knobs.

The #949 Clamp securely holds an appropriate length of fiber drop cable while maintaining long-term durability and environmental resistance thanks to its stainless-steel construction.

This release reflects Allied Bolt’s commitment to solving challenges faced by lineworkers and contractors working in demanding field conditions.

About Power Grid Components

Power Grid Components, Inc. was founded in 2017 by industry veteran Rick McClure to acquire and grow companies supplying the North American power grid and adjacent markets. Today, PGC provides a broad range of products including high- voltage disconnect switchgear, insulators, instrument transformers, controlled switching devices, and fiber optic hardware.

About Allied Bolt

Allied Bolt, a PGC company, is a trusted manufacturer and supplier of high-performance utility hardware and engineered solutions for telecom and electrical infrastructure. Known for precision manufacturing and durable designs, Allied Bolt’s product lines support mission-critical installations across North America.

For press inquiries, please contact:

Elisabeth Law
elisabeth.law@pgc.com

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 Company’s pole-mounted, oil- filled, fixed-load transformers are used to provide power from distribution lines for various applications, including capacitor banks and reclosers.

Power Grid Components has acquired Mid-Central Electric, a leading manufacturer of fixed-load transformers for the electrical utility industry.

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 Company’s pole-mounted, oil-filled, fixed-load transformers are used to provide power from distribution lines for various applications, including capacitor banks and reclosers.

“At PGC, we seek to acquire businesses that deliver reliable products for the electrical grid,” said Rick McClure, founder and CEO of PGC. “Mid-Central’s specialty transformers can help meet the increasing demand for electricity and the integration of distribution automation technologies into the U.S. grid.”

Mid-Central Electric’s fixed-load transformers are manufactured in Oregon, WI, and feature the industry’s most compact tank diameter. Their models can be configured to meet a wide range of specifications.

About Power Grid Components:

Power Grid Components, Inc. was formed by electrical utility veteran Rick McClure in 2017 to acquire and grow companies that supply products used in the North American electric power grid and adjacent industries. Since its founding, PGC has acquired eight businesses. Today, PGC is a supplier of high-voltage disconnect switchgear, high-quality porcelain and glass insulators, instrument transformers, outside plant hardware, controlled switching devices, power distribution products, and fixed-load transformers.

About Mid-Central Electric:

Mid-Central Electric is a company specializing in the manufacturing of fixed-load transformers to distributors, original equipment manufacturers, and utilities in the electrical industry. The company is headquartered in Oregon, WI.

For press inquiries, please contact:

Elisabeth Law
elisabeth.law@pgc.com

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 representation of PGC’s evolution as a leader in the industry. It features a modernized visual identity across its portfolio, fostering a cohesive vision.

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 representation of PGC’s evolution as a leader in the industry. It features a modernized visual identity across its portfolio, fostering a cohesive vision.

The brand launch will be celebrated internally throughout January at various events across our sub-brands, symbolizing a fresh start for the new year and reinforcing our collective mission to deliver exceptional solutions to our customers. The transformation is designed to clarify PGC’s extensive offerings, ensuring that both customers and employees have a clear understanding of the company’s mission amidst an ever-evolving industry landscape.

PGC has achieved a modern brand experience that differentiates its services and clearly communicates the exciting journey ahead. The rollout of this rebranding will occur gradually over the coming months, encompassing a rebranding of PGC’s seven portfolio companies and hundreds of internal touchpoints across its operations.

With this announcement, PGC is also proud to introduce its new website at pgc.com. This centralized digital hub provides a comprehensive platform showcasing the full range of offerings, products, and solutions available across Power Grid Components’ portfolio. The new domain is a pivotal step in streamlining access to vital information and enhancing the user experience for both customers and stakeholders.

“As PGC continues to grow organically and expand its portfolio, our new brand unites our internal efforts and strengthens customer communication about our future. We are an evolving organization dedicated to the success of our customers and employees,” said Rick McClure, CEO of PGC.

About Power Grid Components:

Power Grid Components, Inc. was formed by electrical utility veteran Rick McClure in 2017 to acquire and grow companies that supply products used in the North American electric power grid and adjacent industries. Since its founding, PGC has acquired seven businesses and is a supplier of high-voltage disconnect switchgear, high-quality composite, porcelain and glass insulators, instrument transformers, outside plant hardware, controlled switching devices, and power distribution products.

For press inquiries, please contact:

Elisabeth Law
elisabeth.law@pgc.com

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 and industrial (“C&I”) customers. This strategic acquisition will enhance PGC’s power distribution product portfolio, while ensuring the continuation of the Elliott brand and reputation.

Power Grid Components has acquired Elliott Industries, a leader in custom electrical equipment manufacturing for electric utilities, original equipment manufacturers, and commercial & industrial customers.

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 and industrial (“C&I”) customers. This strategic acquisition will enhance PGC’s power distribution product portfolio, while ensuring the continuation of the Elliott brand and reputation.

Founded in 1952 by Ken Elliott and located in Bossier City, LA, Elliott has built a strong reputation for its high-quality, custom-engineered electrical equipment, whose products include power distribution products (e.g. pad-mounted switchgear, bus enclosures, metering stations) and molding component products (e.g. bushings, insulators). The company has been led in recent years by siblings Patricia Willcox and Ken Elliott III, who took over the business from their father.

“The Elliott family have built a trusted brand over several decades, developing a well-earned reputation for product quality, reliability, and customer service,” said Rick McClure, CEO and founder of Power Grid Components. “We are committed to preserving the Elliott brand while leveraging our resources to drive innovation and growth.”

“My brother Ken and I are thrilled for our company to join the PGC family,” said Patricia Willcox, President of Elliott Industries, Inc. “Over the years, we have developed a strong relationship with Rick and the PGC team. As we considered the future of Elliott, it became clear that PGC was the perfect partner, given their commitment to enhancing and investing in businesses while focusing on quality, reach, and customer service. We are confident that PGC will maintain our high standards and continue to deliver outstanding products and services to both our loyal customers and those we aim to attract in the future. I would also like to express our heartfelt gratitude to our dedicated employees, sales representatives, distributors, suppliers, and especially our customers for their unwavering support, trust, and loyalty to Elliott over the years. We are excited about the future and believe the company is in capable hands. ” Patricia and Ken will stay on to help transition the company under new ownership for an extended period.

PGC’s acquisition of Elliott highlights the favorable market trends surrounding increased investment in the maintenance and modernization of electrical infrastructure in the United States. In recent years, Elliott has effectively capitalized on these trends, demonstrating strong growth driven by rising demand for its power distribution products.

CRI Capital Advisors acted as the financial advisor to Elliott Industries.

About Power Grid Components:

Power Grid Components, Inc. was formed by electrical utility veteran Rick McClure in 2017 to acquire and grow companies that supply products used in the North American electric power grid and adjacent industries. Since its founding, PGC has acquired seven businesses. Today, PGC is a supplier of high-voltage disconnect switchgear, high-quality composite, porcelain and glass insulators, instrument transformers, outside plant hardware, controlled switching devices, and power distribution products.

About Elliott Industries:

Elliott Industries, Inc. is a leading manufacturer of high-voltage electrical equipment, serving utilities, industrial and commercial customers, and original equipment manufacturers. They specialize in switchgears, bushings, insulators, and other critical components for power distribution and transmission systems. The company is committed to providing quality products and services to ensure reliable and efficient electrical operations. The company is headquartered in Bossier City, LA.

For press inquiries, please contact:

Elisabeth Law
Director of Brand Marketing
Power Grid Components, Inc.