Business Briefs for the Week of Nov. 26, 2007

  • Cleveland-based Eaton Corp. has expanded its global Power Quality business by acquiring Schneider Electric’s small systems business of MGE, becoming the world’s second largest supplier of power protection solutions. Eaton completed its acquisition of the small systems business of MGE, known as MGE Office Protection Systems, on Nov. 1 for $612 million.
  • Waukegan, Ill.-based Coleman Cable, Inc., manufacturer and innovator of electrical and electronic wire and cable products, has entered into a definitive agreement to acquire the electrical products business of Katy Industries, Inc., which operates in the United States as Woods Industries, Inc. (Woods U.S.) and in Canada as Woods Industries (Canada) Inc. (Woods Canada). The principal business of Woods U.S. and Woods Canada is the design and distribution of consumer electrical corded products, which are sold principally to national home improvement, mass merchant, hardware, and other retailers.
  • W. Bradley Electric Inc., Novato, Calif., has been awarded the $2.9 million contract for the final expansion of the San Rafael Corporate Center. The last phase is a design-build core and shell build-out of three four-story multi-tenant buildings totaling 240,000 square feet and two four-level parking structures.
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