October 27, 2009 (FinancialWire) — Preformed Line Products Co. (NASDAQ: PLPC) said it has signed a definitive agreement to acquire the assets and equity interests of the Dulmison business from Tyco Electronics Ltd. (NYSE: TEL). The transaction is scheduled to close within ninety days.

Dulmison designs, manufactures and markets pole line hardware and vibration control products for the electrical utility industry. The business is based out of Australia with operations in Thailand, Indonesia, Malaysia, China, Mexico and the United States.

Preformed said its acquisition of Dulmison will strengthen the firm’s position in the power distribution and transmission hardware market and will expand its presence in the Asia-Pacific region.

Mayfield Village, Ohio-based Preformed Line Products is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies.

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