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Hubbell Acquires Temco Electrical Products
ORANGE, CT. (December 4, 2000) -- Hubbell Incorporated (NYSE: HUBA, HUBB) today announced the acquisition of Temco Electric Products Inc. The acquisition was a cash transaction; other terms were not released.

Based in Quebec, Canada, Temco is a manufacturer of electrical outlet boxes, metallic wall plates, and related accessories sold primarily to Canadian customers. Combined with the presence and products of Hubbell Canada, Inc., and the Company’s domestic U.S. operations, the Temco addition will enhance Hubbell’s position in North American markets.

Certain statements contained herein may constitute forward-looking statement within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve numerous assumptions, known and unknown risks, uncertainties and other factors which may cause actual and future performance or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors include: achieving sales levels to fulfill revenue expectations; unexpected costs or charges, certain of which may be outside the control of the Company; general economic and business conditions; and competition.

Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for commercial, industrial, utility, and telecommunications markets. With $1.4 billion in annual revenues, Hubbell Incorporated operates manufacturing facilities in North America, Puerto Rico, Mexico, Switzerland, and the United Kingdom, participates in a joint venture in Taiwan, and maintains sales offices in Singapore, Hong Kong, South Korea, and the Middle East. The corporate headquarters is located in Orange, CT.