NEW YORK--(BUSINESS WIRE)--MacLean Power Systems (“MPS”) and Power Grid Components (“PGC”), two leading manufacturers of engineered components and solutions for electrical transmission, distribution, ...

The MarketWatch News Department was not involved in the creation of this content. Steve Scharnhorst to Serve as CEO; Mike Plaster Named President FORT MILL, S.C. and BESSEMER, Ala., March 4, 2026 ...

The platform will rebrand under the MacLean Power Systems name In connection with the merger, Steve Scharnhorst, current CEO of MacLean Power Systems, will lead the combined company Mike Plaster will ...

The electric power system is a complex "cyber-physical" system composed of a network of millions of components spread out across the continent. These components are owned, operated, and regulated by ...

Blackstone Energy Transition Partners will become the majority owner of the combined company, acquiring ownership interests in MPS currently held by Centerbridge MPS was founded in 1986 and PGC was ...

Power Grid Components has acquired Elliott Industries, a leader in custom electrical equipment manufacturing for electric utilities, original equipment manufacturers, and commercial & industrial ...

Private equity giant Blackstone (BX) will become the majority owner of a company formed by the merger of two major suppliers of equipment to the electric utility industry, the companies said on ...

REDSTONE ARSENAL, Ala. — To equip the Army of 2030 and provide Soldiers with the very best capabilities for combat aviation brigades, Army Aviation is executing a once in a generation modernization ...

Poseidon is probably still getting used to our growth from wooden boats to enormous cruise ships. Imagine his shock when he ...