MACEDONIA, Ohio--(BUSINESS WIRE)--
Acquisition Expands Product Breadth and Deepens Market Reach
TPC Wire & Cable Corp. (TPC) announced today that it has completed the purchase of Pittsburgh Wire and Cable (PWC), Inc. located in Pittsburgh, Pennsylvania. PWC is a value-add stocking distributor of high end electrical solutions for the Video Inspection, Mining and Rail industries. This acquisition allows TPC to further penetrate new end user markets and expand on its current portfolio of high-performance wire and cable solutions.
In making the announcement, TPC President & CEO Jeff Crane explained, “A key aspect of our growth strategy is building onto our existing products and services by entering new markets where there’s a need to solve complex customer problems. PWC is a great fit with our current offering of interconnect solutions and we are excited to leverage resources to accelerate growth in these key markets.”
Of the transaction, PWC’s President, Jamie Carlowski stated, “Our focus has always been to provide our customers with quality products and exceptional service. The core values of TPC Wire & Cable complements our mission and will allow us to continue to grow the business for many years to come.” PWC Vice President, Aaron Colgan adds, “We are excited to combine our expertise with TPC and expand our offerings to provide the best possible solution to our customers.”
About TPC Wire & Cable Corp.
Founded in 1979, TPC is a leading designer and provider of high-performance wire, cable, connectors, assemblies, and accessories used in harsh, high cost-of-failure environments. TPC products are designed to withstand abuse from impact, abrasion, flexing, chemicals, and extreme temperatures, while exceeding customer performance specifications. The company’s dependable products outlast ordinary cable in the most difficult applications to reduce downtime and overall cost. TPC serves a variety of industries including the steel, automotive, industrial automation, utility, transportation, food & beverage, oil & gas, wood, pulp & paper and defense markets. For more information, visit tpcwire.com.
About Pittsburgh Wire & Cable
Established in 1992, PWC is a stocking distributor of industrial and commercial wire, cable and accessories. With an extensive inventory, strong industry partnerships and a rigorous quality management system, PWC has been able to maintain a consistently high level of service to its diverse customer base. PWC primarily serves the video inspection market as well as mining, rail and transit. For more information, visit pittsburghwire.com.