Powell Industries (POWL) 65.16 $POWL
Powell Industries Misses on Q2 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 07, 8:10AM CDT
Powell Industries' (POWL) top line and earnings per share missed the Zacks Consensus Estimate for the fiscal second quarter.
Powell Industries announces dividend of USD0.25 per share for quarter
M2 - Wed May 07, 4:19AM CDT
The board of directors of Powell Industries Inc (NASDAQ
OWL), a supplier of custom engineered management and control solutions for electrical energy, approved a quarterly common stock cash dividend of USD0.25 per share, the company disclosed on Tuesday.
Powell Industries Announces Fiscal 2014 Second Quarter Results
PR Newswire - Tue May 06, 3:17PM CDT
Powell Industries, Inc. (NASDAQ: POWL) ("Powell"
, a leading supplier of custom engineered solutions for the distribution and control of electrical energy, today announced results for the fiscal 2014 second quarter ended March 31, 2014.
Powell Industries Declares Quarterly Cash Dividend
PR Newswire - Tue May 06, 3:15PM CDT
Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management and control of electrical energy, announced that on May 5, 2014, its Board of Directors declared a quarterly cash dividend on the Company's common stock in the amount of $0.25 per share. The dividend is payable on June 18, 2014 to shareholders of record at the close of business on May 21, 2014.
Powell Industries Announces Fiscal 2014 Second Quarter Earnings Release And Conference Call Schedule
PR Newswire - Tue May 06, 6:45AM CDT
Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management and control of electrical energy, today announced that it will release fiscal 2014 second quarter results on Tuesday, May 6, 2014 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, May 7, 2014 at 11:00 a.m. eastern time.
Concise Analysis of the International Circuit Breaker, Fuse, and Relay Market
M2 - Tue Mar 25, 4:38AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mmtfgj/global_circuit) has announced the addition of the "Concise Analysis of the International Circuit Breaker, Fuse, and Relay Market" report to their offering. The analysts forecast the Global Circuit Breaker, Fuse, and Relay market to grow at a CAGR of 5.38 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased construction activities. The Global Circuit Breaker, Fuse, and Relay market has also been witnessing the increasing need for miniaturization. However, the availability of low cost products could pose a challenge to the growth of this market. The report, the Global Circuit Breaker, Fuse, and Relay Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global region; it also covers the Global Circuit Breaker, Fuse, and Relay market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. One of the major trends in the Electrical and Electronics industry is the increasing need for miniaturization. Most of the vendors, especially relay vendors, are focusing on solid state relays since they can be incorporated in the PCB with more ease compared to electromechanical relays. Key Topics Covered: 1. Executive Summary 2. List of Abbreviations 3. Scope of the Report 4. Market Research Methodology 5. Introduction 6. Market Landscape 7. Market Segmentation by Product 8. Geographical Segmentation 9. Buying Criteria 10. Market Growth Drivers 11. Drivers and their Impact 12. Market Challenges 13. Impact of Drivers and Challenges 14. Market Trends 15. Trends and their Impact 16. Vendor Landscape 17. Key Vendor Analysis 18. Other Reports in this Series Companies Mentioned: - ABB Ltd. - Alstom SA - Camsco Electric Co. Ltd - Cooper Industries Inc. - Eaton Corp. - General Electric Company - Kirloskar Electric Company Ltd. - L&T Ltd. - Powell Industries Inc. - Schneider Electric Co. - Schurter Holding AG - Sensata Technologies Inc. - Siemens AG. For more information visit http://www.researchandmarkets.com/research/mm...al_circuit
Concise Analysis of the International Switchgears Market
M2 - Mon Feb 24, 6:10AM CST
Research and Markets (http://www.researchandmarkets.com/research/hq5525/switchgears) has announced the addition of the "Concise Analysis of the International Switchgears Market" report to their offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. This report analyzes the worldwide markets for Switchgears in US$ Million by the following Product Segments: - LV Switchgear - MV Switchgear - HV Switchgear The US and Canadian Markets are analysed by the following Product Segments: - LV Switchgear (By Product Categories - MCCB, Panel Boards, & Others) - MV Switchgear (By Product Categories - Outdoor Circuit Breaker, Indoor Circuit Breaker, & Others; By Technology - SF6, Vacuum) - HV Switchgear (By Product Categories - Disconnectors, & Breakers; By Technology - GIS/Mixed-Gas, and Vacuum/Compact/AIS) Major End-Use markets also analyzed for the US and Canadian markets include: - Commercial - Utility - Institutional - Industrial Company profiles are primarily based on public domain information including company URLs. The report profiles 231 companies including many key and niche players such as: - ABB Ltd. - Alstom SA - Eaton Corporation - G&W Electric Company - General Electric Company - Mitsubishi Electric Corporation - Powell Industries Inc. Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. Key Topics Covered: I. Introduction, Methodology & Product Definitions II. Executive Summary 1. Industry Overview 2. Noteworthy Growth Drivers, Trends And Issues 3. Product Overview 4. Strategic Corporate Developments 5. Product Launches 6. Focus On Select Players 7. Global Market Perspective) III. Market 1. The United States 2. Canada 3. Japan 4. Europe 5. Asia-Pacific 6. Latin America 7. Rest Of World IV. Competitive Landscape Total Companies Profiled: 231 (including Divisions/Subsidiaries - 275) - The United States (18) - Canada (1) - Japan (2) - Europe (164) - France (5) - Germany (79) - The United Kingdom (30) - Italy (2) - Spain (3) - Rest of Europe (45) - Asia-Pacific (Excluding Japan) (74) - Africa (2) - Middle-East (14) For more information visit http://www.researchandmarkets.com/research/hq...witchgears
Why Powell Industries, Inc.'s Shares Popped
Travis Hoium, The Motley Fool - Motley Fool - Thu Feb 06, 3:08PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Powell Industries, jumped as much as 16%...
Powell Shares Down on Q1 Earnings Miss (Revised) - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 06, 10:39AM CST
Powell Industries' shares inched down at it missed earnings estimates for the fiscal first quarter.
Upgrade Alert for Powell Industries (POWL)
Comtex SmarTrend(R) - Thu Feb 06, 7:58AM CST
Powell Industries (NASDAQ OWL) was upgraded from Hold to Buy at Stifel today. The stock closed yesterday at $59.28 on volume of 37,000 shares, below average daily volume of 53,000. Over the past year, Powell Industries has traded in a range of $44.94 to $69.33 and closed yesterday at $59.28, 32% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.4%.
Powell Industries Announces Fiscal 2014 First Quarter Results
PR Newswire - Tue Feb 04, 3:15PM CST
Powell Industries, Inc. (NASDAQ: POWL) ("Powell" , a leading supplier of custom engineered solutions for the distribution and control of electrical energy, today announced results for the fiscal 2014 first quarter ended December 31, 2013.
Commission for Case Manager Certification survey: Board-certified case managers report strong salaries, employer support for credential
PR Newswire - Tue Feb 04, 7:47AM CST
Annual survey of more than 5,000 highest achieving case managers demonstrates value of board certification
Powell Industries Announces Fiscal 2014 First Quarter Earnings Release And Conference Call Schedule
PR Newswire - Tue Feb 04, 6:45AM CST
Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management and control of electrical energy, today announced that it will release fiscal 2014 first quarter results on Tuesday, February 4, 2014 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, February 5, 2014 at 11:00 a.m. eastern time.
Multi-Bank Securities, Inc. is now an Approved Underwriter for Freddie Mac
PR Newswire - Tue Jan 28, 7:00AM CST
Multi-Bank Securities, Inc., a Michigan-based, fixed-income securities broker-dealer announced today that it has been approved to underwrite debt securities for the Federal Home Loan Mortgage Corporation (FHLMC), also known as Freddie Mac. Multi-Bank Securities, Inc. joins an exclusive list of members to underwrite securities for Freddie Mac.
2014 Report on the International Circuit Breaker Market & Fuse Market - Trends & Forecast to 2018
M2 - Mon Jan 27, 5:00AM CST
Research and Markets (http://www.researchandmarkets.com/research/tjwwrt/circuit_breaker) has announced the addition of the "2014 Report on the International Circuit Breaker Market & Fuse Market - Trends & Forecast to 2018" report to their offering. The international circuit breaker market is estimated to reach $15,100.0 million by 2018, with a CAGR of 5.2% from 2013 to 2018. The Americas, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest revenue growth during the next five years. Asia-Pacific is having highest CAGR of around 6.0% from 2013 to 2018. The need to satisfy rising electricity distribution demand is expected to enhance the growth prospects of the circuit breaker & fuse market. The lucrative and high-investment areas such as Asia-Pacific and Americas are the key driving factors for the exponential growth of circuit breaker & fuse market. Circuit breakers have bigger market as compared to fuses. Also there is a significant variation in the pricing of circuit breakers and fuses. Demand wise, the circuit breaker is dominating and expected to follow the same trend Electric-power transmission is the bulk transfer of electricity, from power plants to electrical substations. Electric power transmission and distribution (T&D) equipments have very high demand. The primary driver for increases in transmission spending is demand for the electricity grid. Circuit breaker & fuses are one of the major components of the power transmission equipments. This report analyzes various marketing trends and establishes the most effective growth strategy. It identifies market dynamics such as drivers, opportunities, burning issues, and winning imperatives. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 Market Analysis 5 Circuit Breaker Market, By Types 6 Fuse Market, By Types 7 Circuit Breaker & Fuse Market, By Applications 8 Circuit Breaker & Fuse Market, By Geography 9 Competitive Landscape 10 Company Profiles Companies Mentioned: - ABB - Alstom - BEL Fuse - Celeasco - E-T-A Elektrotechnische Apparate - Eaton Corporation - G&W Electric Company - General Electric - Littelfuse - Mersen - Mitsubishi Electric - Pennsylvania Breaker - Powell Industries - S&C Electric Company - Schneider Electric - Siba - Siemens - TE Connectivity - Toshiba For more information visit http://www.researchandmarkets.com/research/tj...it_breaker
Kapsch Acquires Transdyn Strengthening Portfolio in Intelligent Transportation Systems (ITS)
Business Wire - Thu Jan 16, 5:02AM CST
Kapsch TrafficCom concluded the acquisition of Transdyn, Inc. from Powell Industries, Inc. The acquisition of one of the leading advanced traffic management software and systems integration companies in the U.S. market, well-known for its DYNAC ATMS(R) (Advanced Traffic Management Software), enables Kapsch TrafficCom to offer an extended end-to-end product and solution portfolio for intelligent transportation systems (ITS) to its current and future customers around the globe.
Powell Industries Announces Sale Of Transdyn
PR Newswire - Thu Jan 16, 5:02AM CST
Powell Industries, Inc. (NASDAQ: POWL) ("Powell" , a leading supplier of custom engineered solutions for the management and control of electrical energy, today announced the sale of its subsidiary, Transdyn, Inc., to Kapsch TrafficCom, a global provider of electronic toll collection (ETC) systems, headquartered in Vienna, Austria. The transaction closed January 15, 2014 at a price of $16 million subject to post-closing working capital adjustments. Transdyn contributed revenues of approximately $32 million in fiscal 2013 and was reported in Powell's Process Control Systems business segment.
Powell Industries Misses on Q2 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 07, 8:10AM CDT
Powell Industries' (POWL) top line and earnings per share missed the Zacks Consensus Estimate for the fiscal second quarter.
Powell Industries announces dividend of USD0.25 per share for quarter
M2 - Wed May 07, 4:19AM CDT
The board of directors of Powell Industries Inc (NASDAQ
OWL), a supplier of custom engineered management and control solutions for electrical energy, approved a quarterly common stock cash dividend of USD0.25 per share, the company disclosed on Tuesday. Powell Industries Announces Fiscal 2014 Second Quarter Results
PR Newswire - Tue May 06, 3:17PM CDT
Powell Industries, Inc. (NASDAQ: POWL) ("Powell"
, a leading supplier of custom engineered solutions for the distribution and control of electrical energy, today announced results for the fiscal 2014 second quarter ended March 31, 2014. Powell Industries Declares Quarterly Cash Dividend
PR Newswire - Tue May 06, 3:15PM CDT
Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management and control of electrical energy, announced that on May 5, 2014, its Board of Directors declared a quarterly cash dividend on the Company's common stock in the amount of $0.25 per share. The dividend is payable on June 18, 2014 to shareholders of record at the close of business on May 21, 2014.
Powell Industries Announces Fiscal 2014 Second Quarter Earnings Release And Conference Call Schedule
PR Newswire - Tue May 06, 6:45AM CDT
Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management and control of electrical energy, today announced that it will release fiscal 2014 second quarter results on Tuesday, May 6, 2014 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, May 7, 2014 at 11:00 a.m. eastern time.
Concise Analysis of the International Circuit Breaker, Fuse, and Relay Market
M2 - Tue Mar 25, 4:38AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mmtfgj/global_circuit) has announced the addition of the "Concise Analysis of the International Circuit Breaker, Fuse, and Relay Market" report to their offering. The analysts forecast the Global Circuit Breaker, Fuse, and Relay market to grow at a CAGR of 5.38 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased construction activities. The Global Circuit Breaker, Fuse, and Relay market has also been witnessing the increasing need for miniaturization. However, the availability of low cost products could pose a challenge to the growth of this market. The report, the Global Circuit Breaker, Fuse, and Relay Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global region; it also covers the Global Circuit Breaker, Fuse, and Relay market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. One of the major trends in the Electrical and Electronics industry is the increasing need for miniaturization. Most of the vendors, especially relay vendors, are focusing on solid state relays since they can be incorporated in the PCB with more ease compared to electromechanical relays. Key Topics Covered: 1. Executive Summary 2. List of Abbreviations 3. Scope of the Report 4. Market Research Methodology 5. Introduction 6. Market Landscape 7. Market Segmentation by Product 8. Geographical Segmentation 9. Buying Criteria 10. Market Growth Drivers 11. Drivers and their Impact 12. Market Challenges 13. Impact of Drivers and Challenges 14. Market Trends 15. Trends and their Impact 16. Vendor Landscape 17. Key Vendor Analysis 18. Other Reports in this Series Companies Mentioned: - ABB Ltd. - Alstom SA - Camsco Electric Co. Ltd - Cooper Industries Inc. - Eaton Corp. - General Electric Company - Kirloskar Electric Company Ltd. - L&T Ltd. - Powell Industries Inc. - Schneider Electric Co. - Schurter Holding AG - Sensata Technologies Inc. - Siemens AG. For more information visit http://www.researchandmarkets.com/research/mm...al_circuit
Concise Analysis of the International Switchgears Market
M2 - Mon Feb 24, 6:10AM CST
Research and Markets (http://www.researchandmarkets.com/research/hq5525/switchgears) has announced the addition of the "Concise Analysis of the International Switchgears Market" report to their offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. This report analyzes the worldwide markets for Switchgears in US$ Million by the following Product Segments: - LV Switchgear - MV Switchgear - HV Switchgear The US and Canadian Markets are analysed by the following Product Segments: - LV Switchgear (By Product Categories - MCCB, Panel Boards, & Others) - MV Switchgear (By Product Categories - Outdoor Circuit Breaker, Indoor Circuit Breaker, & Others; By Technology - SF6, Vacuum) - HV Switchgear (By Product Categories - Disconnectors, & Breakers; By Technology - GIS/Mixed-Gas, and Vacuum/Compact/AIS) Major End-Use markets also analyzed for the US and Canadian markets include: - Commercial - Utility - Institutional - Industrial Company profiles are primarily based on public domain information including company URLs. The report profiles 231 companies including many key and niche players such as: - ABB Ltd. - Alstom SA - Eaton Corporation - G&W Electric Company - General Electric Company - Mitsubishi Electric Corporation - Powell Industries Inc. Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. Key Topics Covered: I. Introduction, Methodology & Product Definitions II. Executive Summary 1. Industry Overview 2. Noteworthy Growth Drivers, Trends And Issues 3. Product Overview 4. Strategic Corporate Developments 5. Product Launches 6. Focus On Select Players 7. Global Market Perspective) III. Market 1. The United States 2. Canada 3. Japan 4. Europe 5. Asia-Pacific 6. Latin America 7. Rest Of World IV. Competitive Landscape Total Companies Profiled: 231 (including Divisions/Subsidiaries - 275) - The United States (18) - Canada (1) - Japan (2) - Europe (164) - France (5) - Germany (79) - The United Kingdom (30) - Italy (2) - Spain (3) - Rest of Europe (45) - Asia-Pacific (Excluding Japan) (74) - Africa (2) - Middle-East (14) For more information visit http://www.researchandmarkets.com/research/hq...witchgears
Why Powell Industries, Inc.'s Shares Popped
Travis Hoium, The Motley Fool - Motley Fool - Thu Feb 06, 3:08PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Powell Industries, jumped as much as 16%...
Powell Shares Down on Q1 Earnings Miss (Revised) - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 06, 10:39AM CST
Powell Industries' shares inched down at it missed earnings estimates for the fiscal first quarter.
Upgrade Alert for Powell Industries (POWL)
Comtex SmarTrend(R) - Thu Feb 06, 7:58AM CST
Powell Industries (NASDAQ
OWL) was upgraded from Hold to Buy at Stifel today. The stock closed yesterday at $59.28 on volume of 37,000 shares, below average daily volume of 53,000. Over the past year, Powell Industries has traded in a range of $44.94 to $69.33 and closed yesterday at $59.28, 32% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.4%. Powell Industries Announces Fiscal 2014 First Quarter Results
PR Newswire - Tue Feb 04, 3:15PM CST
Powell Industries, Inc. (NASDAQ: POWL) ("Powell"
, a leading supplier of custom engineered solutions for the distribution and control of electrical energy, today announced results for the fiscal 2014 first quarter ended December 31, 2013. Commission for Case Manager Certification survey: Board-certified case managers report strong salaries, employer support for credential
PR Newswire - Tue Feb 04, 7:47AM CST
Annual survey of more than 5,000 highest achieving case managers demonstrates value of board certification
Powell Industries Announces Fiscal 2014 First Quarter Earnings Release And Conference Call Schedule
PR Newswire - Tue Feb 04, 6:45AM CST
Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management and control of electrical energy, today announced that it will release fiscal 2014 first quarter results on Tuesday, February 4, 2014 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, February 5, 2014 at 11:00 a.m. eastern time.
Multi-Bank Securities, Inc. is now an Approved Underwriter for Freddie Mac
PR Newswire - Tue Jan 28, 7:00AM CST
Multi-Bank Securities, Inc., a Michigan-based, fixed-income securities broker-dealer announced today that it has been approved to underwrite debt securities for the Federal Home Loan Mortgage Corporation (FHLMC), also known as Freddie Mac. Multi-Bank Securities, Inc. joins an exclusive list of members to underwrite securities for Freddie Mac.
2014 Report on the International Circuit Breaker Market & Fuse Market - Trends & Forecast to 2018
M2 - Mon Jan 27, 5:00AM CST
Research and Markets (http://www.researchandmarkets.com/research/tjwwrt/circuit_breaker) has announced the addition of the "2014 Report on the International Circuit Breaker Market & Fuse Market - Trends & Forecast to 2018" report to their offering. The international circuit breaker market is estimated to reach $15,100.0 million by 2018, with a CAGR of 5.2% from 2013 to 2018. The Americas, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest revenue growth during the next five years. Asia-Pacific is having highest CAGR of around 6.0% from 2013 to 2018. The need to satisfy rising electricity distribution demand is expected to enhance the growth prospects of the circuit breaker & fuse market. The lucrative and high-investment areas such as Asia-Pacific and Americas are the key driving factors for the exponential growth of circuit breaker & fuse market. Circuit breakers have bigger market as compared to fuses. Also there is a significant variation in the pricing of circuit breakers and fuses. Demand wise, the circuit breaker is dominating and expected to follow the same trend Electric-power transmission is the bulk transfer of electricity, from power plants to electrical substations. Electric power transmission and distribution (T&D) equipments have very high demand. The primary driver for increases in transmission spending is demand for the electricity grid. Circuit breaker & fuses are one of the major components of the power transmission equipments. This report analyzes various marketing trends and establishes the most effective growth strategy. It identifies market dynamics such as drivers, opportunities, burning issues, and winning imperatives. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 Market Analysis 5 Circuit Breaker Market, By Types 6 Fuse Market, By Types 7 Circuit Breaker & Fuse Market, By Applications 8 Circuit Breaker & Fuse Market, By Geography 9 Competitive Landscape 10 Company Profiles Companies Mentioned: - ABB - Alstom - BEL Fuse - Celeasco - E-T-A Elektrotechnische Apparate - Eaton Corporation - G&W Electric Company - General Electric - Littelfuse - Mersen - Mitsubishi Electric - Pennsylvania Breaker - Powell Industries - S&C Electric Company - Schneider Electric - Siba - Siemens - TE Connectivity - Toshiba For more information visit http://www.researchandmarkets.com/research/tj...it_breaker
Kapsch Acquires Transdyn Strengthening Portfolio in Intelligent Transportation Systems (ITS)
Business Wire - Thu Jan 16, 5:02AM CST
Kapsch TrafficCom concluded the acquisition of Transdyn, Inc. from Powell Industries, Inc. The acquisition of one of the leading advanced traffic management software and systems integration companies in the U.S. market, well-known for its DYNAC ATMS(R) (Advanced Traffic Management Software), enables Kapsch TrafficCom to offer an extended end-to-end product and solution portfolio for intelligent transportation systems (ITS) to its current and future customers around the globe.
Powell Industries Announces Sale Of Transdyn
PR Newswire - Thu Jan 16, 5:02AM CST
Powell Industries, Inc. (NASDAQ: POWL) ("Powell"
, a leading supplier of custom engineered solutions for the management and control of electrical energy, today announced the sale of its subsidiary, Transdyn, Inc., to Kapsch TrafficCom, a global provider of electronic toll collection (ETC) systems, headquartered in Vienna, Austria. The transaction closed January 15, 2014 at a price of $16 million subject to post-closing working capital adjustments. Transdyn contributed revenues of approximately $32 million in fiscal 2013 and was reported in Powell's Process Control Systems business segment. 
