Preformed Line Products Co（PLPC）のニュースとイベントPLPCPreformed Line Products Co

PLP Reports Q3 Revenue of $209.5 Million

Reports Q3 revenue $209.5M vs. $178.1M last year. When removing the charges associated with the US Pension Plan termination which occurred in Q3 2025, diluted EPS increased 70%. The increase in net income was primarily driven by higher sales volumes, favorable product mix, fixed cost leverage and the benefit of price increases enacted in 2025 and early 2026. This increase was partially offset by increases in selling and freight costs and investments in personnel supporting strategic market growth in our core product offerings. Tariff headwinds also continued to impact net income. Foreign currency translation had a favorable impact of $0.4M on the third-quarter of 2026 net income. "This was another exceptional quarter, with sales and net income nearing the records set just last quarter," said Rob Ruhlman, Executive Chairman. "We grew net sales 18% to $209.5 million with gross margins improving 370 basis points year over year to 33.4%, showing resilience in a challenging operating environment. Our steadfast commitment to domestic manufacturing continues to provide a strategic advantage, with PLP-USA delivering over $100 million of net sales for the second straight quarter. That performance is a direct result of the robust demand we see in domestic energy markets and the strategic investments we have made in people, manufacturing, and engineering capabilities. In early October, we welcomed U.S. Senator Bernie Moreno to our PLP Peninsula, Ohio operations to see our commitment to U.S. manufacturing firsthand."

Preformed Line Products Acquires Brazil's Delta Star

Preformed Line Products Company announced the acquisition of Delta Star Conetores Eletricos Ltda., a Brazil-based manufacturer specializing in high-voltage and extra-high-voltage substation connectors. The company said, "Founded in 1985 and headquartered in Salto, Brazil, Delta Star manufactures high-quality substation connectors designed to support reliable, long-term grid performance. The company has built a strong reputation for its engineered solutions and maintains deep, longstanding relationships with leading substation equipment manufacturers. This acquisition represents a key step in PLP's strategy to strengthen its global leadership in substation hardware and components. Delta Star complements PLP's recent acquisitions of SubCon Electrical Fittings in Austria, Maxxweld Conectores in Brazil, and Delta Conectores in Mexico, further expanding the company's global footprint and technical capabilities while significantly enhancing operational support to PLP's growing U.S. substation business."

Preformed Line Products and FulcrumAir Announce Strategic Partnership

Preformed Line Products and FulcrumAir, a pioneer in robotic technologies for the electric power industry, announced a new multi-year strategic partnership to co-develop next-generation robotic installation systems. These solutions are designed to transform overhead power line construction-delivering efficiency, safety, and reliability for utilities worldwide.