The Company operates through multiple manufacturing divisions and subsidiaries located in North America, Puerto Rico, Mexico, Italy, Switzerland, and the United Kingdom. The Company participates in a joint venture in Taiwan, and maintains sales offices in Singapore, Hong Kong, and South Korea. Product research, marketing, and sales are conducted in this country and abroad. Because the Company has been an integral part of the growth of the electrical equipment industry and a pioneer in the development of new products and technologies, the Company has established a foundation of basic strengths on which to build its future growth.
Fundamentally, Hubbell Incorporated’s commitment to electrical equipment manufacture has enabled the Company to maintain its focus consistently, and to apply its energies to the technology of generating, transmitting, and utilizing electrical energy. Electricity is the most adaptable form of energy, and the one which will power the 21st century from basic industry to the most advanced electronic devices. The expertise developed during the first hundred years is an asset vital to the Company and its customers in the future.
Diversification of product and market will provide the advantage of flexibility; i.e., the benefits to the Company of counter-cyclical markets (to provide opportunity in a dynamic economy), and the benefit to customers of a single source of supply for new construction, modernization, or rehabilitation. Through internal growth and acquisition, in the future as in the past, Hubbell Incorporated’s breadth-of-line will expand the Company’s position among the industry’s leaders.
The Company’s tradition of quality, most apparent in its products but a part of its operations as well, will continue its contribution in the future. To Hubbell management, quality is an emphasis on asset deployment to provide the flexibility and resources to implement planned growth and consistent return to shareholders. To Hubbell employees, quality is the focus on each day’s work in design, engineering, testing, and production. To customers, Hubbell quality is the superior operation, reliable performance, and dependable service which distinguish Hubbell products from others.
The Company’s network of independent electrical distributors, who provide Hubbell products and their own expertise to the end-user, are a critical asset. Some of these distributors have been associated with the Company since the early years; others have joined as the industry expanded. Together, they form a partnership with Hubbell Incorporated which has played a large part in the past growth, and which will plan a larger part in the future.
The combination of these – commitment to the industry, diversification of product and market, a continuing tradition of quality, partnership with the independent electrical distributor, and the experience of accomplishment in research and development – have forged Hubbell Incorporated’s exceptional records of growth. The same comprehensive corporate capability will expand Hubbell’s growth in the commercial, telecommunications, lighting, utility, industrial, and consumer markets of the future.