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Last $34.46 USD
Change Today +0.56 / 1.65%
Volume 4.8K
As of 5:20 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

preformed line products co (PLPC) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/21/14 - $60.00
52 Week Low
07/27/15 - $32.86
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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preformed line products co (PLPC) Details

Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems used in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators, data communication, and other industries worldwide. It offers formed wire products and related hardware products to support, protect, terminate, and secure power conductor and communication cables, and to control cable dynamics; and hardware to support and protect transmission conductors, spacers, spacer-dampers, stockbridge dampers, corona suppression devices, and various compression fittings for dead-end applications. The company also provides protective closures, including splice cases to protect fixed line communication networks, such as copper cable or fiber optic cable, from moisture, environmental hazards, and other potential contaminants; and plastic products comprising guy markers, tree guards, fiber optic cable markers, and pedestal markers to identify power conductors, communication cables, and guy wires. In addition, it offers data communication cabinets, hardware assemblies, pole line hardware, resale products, underground connectors, solar hardware systems, and urethane products for use by energy, renewable energy, communications, cable, and special industries for various applications, as well as solar hardware systems and mounting hardware for various solar power applications. The company serves public and private energy utilities, communication companies, cable operators, governmental agencies, contractors and subcontractors, distributors, and value-added resellers. Preformed Line Products Company markets its products through direct sales force and manufacturing representatives. The company was founded in 1947 and is headquartered in Mayfield Village, Ohio.

2,744 Employees
Last Reported Date: 03/12/15
Founded in 1947

preformed line products co (PLPC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $763.4K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: $344.4K
Executive Vice President of Global Business D...
Total Annual Compensation: $302.6K
Vice President of International Operations
Total Annual Compensation: $295.4K
Vice President of Research & Engineering and ...
Total Annual Compensation: $258.8K
Compensation as of Fiscal Year 2014.

preformed line products co (PLPC) Key Developments

Preformed Line Products Company Announces Board Changes

On July 23, 2015, Randall M. Ruhlman resigned from the Board of Directors of Preformed Line Products Company. Mr. Randall M. Ruhlman has served on the Board since 1998 and elected to resign for personal reasons and not as the result of any disagreement with the Board or with the Company's management. On July 29, 2015, the Board appointed J. Ryan Ruhlman to the Board to fill the vacancy. Mr. Ryan Ruhlman, age 32, has worked for the Company for over ten years, recently being promoted to the role of Director, Marketing and Business Development. Mr. Ryan Ruhlman received compensation for employment during 2014, in line with the Company's compensation for mid-level managers as disclosed in the Company's Proxy Statement for the Annual Meeting of Shareholders held on May 5, 2015. Mr. Ryan Ruhlman is the son of Robert G. Ruhlman, President and CEO of the Company, and grandson of Barbara P. Ruhlman, a director of the Company. Mr. Ryan Ruhlman will serve in the vacancy created by Mr. Randall M. Ruhlman's resignation in the 2016 class of directors, which class will stand for re-election at the 2016 annual meeting of stockholders.

Preformed Line Products Company to Introduce Several New Line Extensions to the COYOTE Product Family

Preformed Line Products Company will introduce several new line extensions to the COYOTE product family at their redesigned booth #841 at the 2015 FTTH Show. The new products include: A rugged, compact inline, COYOTE DTC2 can be configured to support applications including splice, repair, and duct transition, and has internal adapters, to couple standard pre-connectorized drop cable assemblies, thereby avoiding costly specialized hardened drop cables. The COYOTE DTC4 and DTC6 are packed with features to support splicing, connectivity or ducting applications using traditional cable, blown fiber, pushable drop cable technology or microtube cable, all in a footprint slightly larger than a splice tray. Multiple internal fiber organizers accommodate current and future needs. The COYOTE DTC8 has ultimate flexibility, supporting a range of fiber organizer systems for splice, distributed splitter and drop applications using traditional cable, blown fiber cable, pushable drop cable technology or microtube cable, as well as pre-connectorized drop applications. All new COYOTE DTCs are flame retardant, re-enterable and reusable, with factory-installed sealing materials and compact form factors. The company's aerial closure system supports drop distribution networks without the need for specialized drop cable assemblies, and features a dual chamber design with independent access to the splice/slack storage chamber or the drop connection chamber. The flexible grommet sealing system supports a wide range of cable profiles. FIBERLIGN® FDC8 (Drop Cable Storage Bracket): This new size stores slack cables in-span or pole-/vault-/wall-mounts, at an 8" minimum storage diameter to avoid fiber attenuation or damage. In aerial applications, the ridged design and capture tabs are designed to keep cable secure under high wind and ice loads, and can be double-stacked with ease.

Preformed Line Products Declares Quarterly Dividend, Payable July 20, 2015

The Board of Directors of Preformed Line Products on June 11, 2015 declared a regular quarterly dividend in the amount of $0.20 per share on the company's common shares, payable July 20, 2015 to shareholders of record at the close of business on July 1, 2015.


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Price/Sales 0.5x
Price/Book 0.8x
Price/Cash Flow 18.5x
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