Greenlee, a Textron company, announced it has acquired ownership of Sherman & Reilly, a manufacturer of underground and aerial transmission and distribution products. Sherman & Reilly is the leading U.S. manufacturer of pulling and stringing equipment for the power utility segment. In addition to its portfolio of pulling products and accessories Sherman and Reilly will continue to manufacture a range of cable installation blocks and distribute fiber-optic blowing systems for the telecommunication market.
An unexpectedly strong U.S. jobs report pushed stock markets higher on Friday as investors welcomed signs that …