Articles from Power Grid Components

Power Grid Components (PGC), a leading domestic supplier of a wide range of components for the electrical grid, is pleased to announce that Michael Plaster, an industry veteran bringing nearly four decades of leadership experience in electrical equipment and solutions companies, will be joining PGC as its Chief Executive Officer, effective August 18, 2025. Michael will succeed Rick McClure, who will transition to Chairman of the Board. This planned succession, in combination with Mike’s deep industry knowledge and network, will lead the company through its next chapter of growth.

Power Grid Components (“PGC”), a Blackstone portfolio company, is pleased to announce an exclusive agreement between its subsidiary, Newell, and GAMMA Insulators (“GAMMA”). As part of this agreement, Newell will expand its product line to include GAMMA’s composite distribution insulators for the North American market. This strategic addition reflects PGC’s commitment to strengthening its commercial capabilities and supporting the evolving needs of customers in the North American utility sector.

Power Grid Components (“PGC”), a Blackstone portfolio company, announced its new brand today. This marks a significant transformation and reinforces its commitment to becoming the reliable partner of choice for electrical grid solutions. This new identity is a visible representation of PGC's evolution as a leader in the industry. It features a modernized visual identity across its portfolio, fostering a cohesive vision.

Power Grid Components (“PGC”), a Blackstone portfolio company, today announced the acquisition of Elliott Industries Inc. (“Elliott”), a company specializing in made-to-order electrical equipment for utilities, original equipment manufacturers (“OEMs”) and commercial and industrial (“C&I”) customers. This strategic acquisition will enhance PGC’s power distribution product portfolio, while ensuring the continuation of the Elliott brand and reputation.

Power Grid Components (“PGC”), a Blackstone portfolio company, today announced that it has acquired Vizimax Inc., a leading provider of innovative solutions to measure, control and switch high- and medium-voltage electric power systems. Vizimax’s cutting-edge controlled switching device is the market-leading solution for managing and optimizing inrush currents, thereby extending the useful life of critical electrical equipment, including power transformers and circuit breakers. Headquartered in Longueuil, Quebec, Vizimax is led by President Jean-Guy Lacombe and was previously owned by a group of investors led by BDC Capital and Yaletown Ventures.