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Company Description

Contact Info

3135 Easton Turnpike

Fairfield, CT 06828

United States

Phone: 203-373-2211


ower utility, oil and gas, marine, mining and renewables customers. Industrial Solutions – The company creates advanced technologies that distribute and control electricity to protect people, property and equipment. It provides high performance software and control solutions; and offer products, such as circuit breakers, relays, arresters, switchgear, panel boards and repair for the commercial, data center, healthcare, mining, renewables, oil and gas, water and telecommunication markets. Grid Solutions – The company’s and Alstom joint venture, Grid Solutions, equips 90% of power utilities worldwide to bring power from the point of generation to end consumers. Its products and services, such as high voltage equipment, power electronics, automation and protection equipment, software solutions, in addition to its robust projects and services capabilities modernize the grid. The company serves industries, such as generation, transmission, distribution, oil and gas, telecommunication, mining and water and its strategic partnership ventures, primarily in Mexico and China, allow the company to support its customers through various product and service offerings. Power Conversion – The company applies the science and systems of power conversion to help drive the electric transformation of the world's energy infrastructure. Its product portfolio includes motors, generators, automation and control equipment and drives for energy intensive industries, such as marine, oil and gas, renewable energy, mining, rail, metals, test systems and water. Dispositions The Intelligent Platforms Embedded Systems Products business of Industrial Solutions was sold in December 2015 and the Electricity Meters business of Grid Solutions was sold in December 2015. Oil & Gas This segment serves all segments of the oil and gas industry, from drilling, completion, production and oil field operations, to transportation through liquefied natural gas (LNG) and pipelines. In addition, this segment provides industrial power generation and compression solutions to the refining and petrochemicals segments. It also delivers pipeline integrity solutions and a range of sensing, inspection and monitoring technologies. Turbomachinery Solutions – The company provides equipment and related services for mechanical-drive, compression and power-generation applications across the oil and gas industry. Its portfolio includes drivers (aero-derivative gas turbines, heavy-duty gas turbines and synchronous and induction electric motors), compressors (centrifugal and axial, direct drive high speed, integrated, subsea compressors and turbo expanders), and turn-key solutions (industrial modules and waste heat recovery). Subsea Systems and Drilling – The company provides a portfolio of subsea products and services required to facilitate the safe and reliable flow of hydrocarbons from the subsea wellhead to the surface. In addition, the sub-segment designs and manufactures onshore and offshore drilling and production systems and equipment for floating production platforms; and provides a range of services related to onshore and offshore drilling activities. Measurement and Controls – The company provides equipment and services for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. The offerings include sensor-based measurement; non-destructive testing and inspection; turbine, generator and plant controls and condition monitoring, as well as pipeline integrity solutions. Surface – The company provides products and services for onshore oil and gas wells; and manufactures artificial lift equipment for extracting crude oil and other fluids from wells. Specific products include downhole tools for well integrity, dry trees and surface wellheads, electric submersible pumps, surface wellheads, wireline logging, artificial lift technologies, and drilling pressure control equipment. Downstream Technology Solutions – The company provides products and services to serve the downstream segments of the industry, including refining, petrochemical, distributed gas, flow and process control and other industrial appl


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Price/Sales 2.2x
Price/Book 3.1x
Price/Cash Flow 21.9x
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