HUBBELL

Hubbell Incorporated Declares Regular Quarterly Dividend

Retrieved on: 
Friday, April 26, 2024

Shelton, CT, April 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.22 per share on the Company’s common stock.

Key Points: 
  • Shelton, CT, April 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.22 per share on the Company’s common stock.
  • The dividend will be paid June 17, 2024 to shareholders of record on May 31, 2024.
  • Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently.
  • With 2023 revenues of $5.4 billion, Hubbell solutions energize economies and electrify communities in front of and behind the meter.

Hubbell to Announce First Quarter 2024 Results on April 30, 2024

Retrieved on: 
Tuesday, April 16, 2024

Shelton, CT, April 16, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its first quarter 2024 financial results prior to the opening of the market on April 30, 2024.

Key Points: 
  • Shelton, CT, April 16, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its first quarter 2024 financial results prior to the opening of the market on April 30, 2024.
  • The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET.
  • The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section.
  • Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently.

Spectrum Advanced Manufacturing Technologies Embarks on Significant Expansion in Colorado Springs, Fueling Innovations in Aerospace, Military, and Medical Fields

Retrieved on: 
Tuesday, April 9, 2024

COLORADO SPRINGS, Colo., April 9, 2024 /PRNewswire/ -- Spectrum Advanced Manufacturing Technologies (Spectrum AMT), which has been a driving force in ISO 9000 precision electronics and assemblies manufacturing for over 25 years, today announced a significant expansion of its operations in Colorado Springs, thanks, in part, to the support and encouragement from the Colorado Economic Development Commission and state and local governments. This collaboration highlights the commitment of both Spectrum AMT and the state and local governments of Colorado and Colorado Springs to fostering economic growth and supporting innovative business ventures. Spectrum AMT is owned by Ocutrx Technologies, Inc. the developer of the groundbreaking AR/XR medical device headsets: OcuLenz™ (for patients) and the ORLenz (for surgeons). Ocutrx was founded by brothers Michael H. and Mitchael C. Freeman, two Emmy Award-winning inventors. With the addition of two new buildings, the Spectrum AMT location will now be called the "Ocutrx-Spectrum Advanced Manufacturing Campus."

Key Points: 
  • With the addition of two new buildings, the Spectrum AMT location will now be called the "Ocutrx-Spectrum Advanced Manufacturing Campus."
  • On February 15th, 2024, Ocutrx and Spectrum AMT received unanimous approval from the Colorado Economic Development Commission (EDC) Job Growth Incentive Tax Credits.
  • "Colorado is a leader in advanced manufacturing, and Spectrum AMT will create over 100 new good-paying jobs in this important industry.
  • Its manufacturing in Colorado Springs further cements the state's reputation as a center for advanced manufacturing and technology development, marking a significant advancement in medical and assistive technology manufacturing.

The Southport CoLAB Community Lecture Series to Host Fairfield County’s Sneak Peek Screening and Panel Discussion for ‘Hopeville: How to Win the Reading Wars’

Retrieved on: 
Thursday, March 28, 2024

The screening will take place Thursday, April 25, at 6:30 p.m. at the Bijou Theatre in Bridgeport, Connecticut, and serves as the Fairfield County sneak peek of the film.

Key Points: 
  • The screening will take place Thursday, April 25, at 6:30 p.m. at the Bijou Theatre in Bridgeport, Connecticut, and serves as the Fairfield County sneak peek of the film.
  • A panel discussion featuring Connecticut’s leading voices on literacy and learning differences will immediately follow the screening.
  • The documentary explores literacy in the U.S. and the solution of implementing evidence-based reading instruction in classrooms across the country.
  • The film features several Connecticut-based experts, including Dr. Benjamin N. Powers, founder and executive director of The Southport CoLAB and The Southport School .

Utilidata Partners with Aclara to Bring Distributed AI to the Grid Edge

Retrieved on: 
Tuesday, March 12, 2024

“As the grid becomes increasingly more complex and dynamic, utilities need more technology options to operate a clean and reliable grid.

Key Points: 
  • “As the grid becomes increasingly more complex and dynamic, utilities need more technology options to operate a clean and reliable grid.
  • Local AI models will continuously learn to improve grid planning, grid operations, load management, customer service, and a range of other benefits.
  • “This partnership with Aclara is the starting point of endless opportunities for integrating distributed AI onto the grid,” said Josh Brumberger, CEO of Utilidata.
  • “Utilizing distributed AI, Karman enables better informed, real-time decisions at the grid edge to operate a modern grid.

Recloser Market Worth $1.5 Billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.

Key Points: 
  • Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.
  • Their future growth depends on overcoming limitations through technological advancements while leveraging their environmental benefits to gain wider acceptance within the evolving Recloser Market.
  • The North American Recloser Market is a fragmented market with established global players and regional participants vying for market share.
  • International companies like ABB, Eaton, Schneider Electric, and Siemens hold a strong presence in the market, offering a variety of recloser solutions.

Recloser Market Worth $1.5 Billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.

Key Points: 
  • Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the Recloser Market, driven by a growing focus on environmental sustainability.
  • Their future growth depends on overcoming limitations through technological advancements while leveraging their environmental benefits to gain wider acceptance within the evolving Recloser Market.
  • The North American Recloser Market is a fragmented market with established global players and regional participants vying for market share.
  • International companies like ABB, Eaton, Schneider Electric, and Siemens hold a strong presence in the market, offering a variety of recloser solutions.

Hubbell Incorporated Recognized as One of the 2024 World's Most Ethical Companies®

Retrieved on: 
Monday, March 4, 2024

Hubbell Incorporated (NYSE: HUBB) has been recognized as one of the 2024 World’s Most Ethical Companies ® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Key Points: 
  • Hubbell Incorporated (NYSE: HUBB) has been recognized as one of the 2024 World’s Most Ethical Companies ® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
  • Hubbell’s Chairman, President and Chief Executive Officer, Gerben Bakker stated, “We are honored to have been recognized among the World’s Most Ethical Companies for the fourth consecutive year.
  • Being recognized is a direct reflection of the strong culture of integrity that Hubbell employees globally demonstrate every day.”
    “It’s always inspiring to recognize the World’s Most Ethical Companies®.
  • To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees .

LED Lighting Market worth $118.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 23, 2024

Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.

Key Points: 
  • Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.
  • Moreover, the versatility of LED technology, providing options for smart lighting solutions and diverse applications across residential, commercial, and industrial sectors, contributes to the overall expansion and dynamism of the LED lighting market.
  • LED lamps are expected to have a higher market share in the LED lighting market due to several compelling reasons.
  • Asia Pacific is expected to account for the largest market share in the global LED lighting market by 2029.

LED Lighting Market worth $118.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 23, 2024

Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.

Key Points: 
  • Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.
  • Moreover, the versatility of LED technology, providing options for smart lighting solutions and diverse applications across residential, commercial, and industrial sectors, contributes to the overall expansion and dynamism of the LED lighting market.
  • LED lamps are expected to have a higher market share in the LED lighting market due to several compelling reasons.
  • Asia Pacific is expected to account for the largest market share in the global LED lighting market by 2029.