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January 17, 2008

Thomas & Betts Buys Homac Manufacturing

Thomas & Betts Corp., Memphis, TN, has acquired The Homac Manufacturing Company, a manufacturer of components used in utility distribution and substation markets, as well as industrial and telecommunications markets, for $75 million. In 2007, Homac sales were $65 million.
 
Thomas & Betts is a manufacturer of electrical components used in construction, industrial and utility markets. The company is also a producer of commercial heating and ventilation units and highly engineered steel structures used primarily for utility transmission.

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