TE Connectivity / P&B Brand
TE Connectivity acquired the Potter and Brumfield product line from Siemens AG in the fall of 1999. Tyco acquired Siemens Electromechanical Components GmbH & Co. KG from Siemens for $1.1 billion. P&B was a unit of Siemens EC, which at the time had sales in excess of $800 million. Siemens' decision to sell off its electronic components business stemmed from a corporate initiative in November 1998 to create a sustainable ongoing improvement in their profitability through divesting its entire electronic-components segment. To Tyco Electronics, Siemens EC offered a broad product line that serves communications, consumer, industrial, and automotive markets. Potter & Brumfield's general-purpose relay operations, which include engineering, manufacturing, and marketing, were integrated into Tyco Electronics, and are run out of Tyco's Winston-Salem, N.C., plant. To TE Connectivity, the integration of the Potter & Brumfield product line was intended to improve manufacturing support and rapid improvement in available products, including medium power relays, power relays and signal relays.
26A1348B
27E121
27E487
27E891
27E893
27E894
IM03GR
IM03TS
IM06DGR
IM06GR