UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 May 16, 2006 ------------- Date of report (Date of earliest event reported) HUBBELL INCORPORATED (exact name of registrant as specified in its charter) CONNECTICUT 1-2958 06-0397030 - ------------------------------- ----------------------- ------------- (State or other jurisdiction of (Commission File Number) (IRS Employer Incorporation or organization) Identification No.) 584 Derby Milford Road, Orange, Connecticut 06477-4024 ------------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) (203) 799-4100 ------------------------------------------------------ (Registrant's telephone number, including area code) N/A ------------------------------------------------------ (Former name or former address, if changed since last report.) Check the appropriate box below if The Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-l2) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Item 8.01 Other Events. On May 15, 2006, Hubbell Incorporated (the "Company") announced it had signed a definitive agreement to acquire privately-held Strongwell Lenoir City, Inc. which designs and manufactures precast polymer concrete products sold to the electric and telephone industries. The company recorded revenue of approximately $70 million in 2005 and will join Hubbell's Power Systems Segment. A copy of the May 15, 2006 News Release is attached hereto as an Exhibit 99.1 INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS -- Certain of the statements contained in this report and the exhibit attached hereto, including, without limitation, statements as to management's good faith expectations and belief are forward-looking statements. Forward-looking statements are made based upon management's expectations and belief concerning future developments and their potential effect upon the Company. There can be no assurance that future developments will be in accordance with management's expectations or that the effect of future developments on the Company will be those anticipated by management. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HUBBELL INCORPORATED By: /s/ Richard W. Davies ------------------------------ Name: Richard W. Davies Title: Vice President, General Counsel and Secretary Date: May 16, 2006
EXHIBIT INDEX EXHIBIT No. DOCUMENT DESCRIPTION 99.1 News Release dated May 15, 2006 pertaining to the Company's agreement to acquire Strongwell Lenoir City, Inc.
(HUBBELL LOGO) Date: May 15, 2006 NEWS RELEASE For Release: IMMEDIATELY - -------------------------------------------------------------------------------- HUBBELL INCORPORATED 584 Derby-Milford Road P. O. Box 549 Orange, CT 06477 203-799-4100 Contact: Thomas R. Conlin HUBBELL AGREES TO ACQUIRE STRONGWELL LENOIR CITY, INC. ORANGE, CT. (May 15, 2006) -- Hubbell Incorporated (NYSE: HUBA, HUBB) today announced that it has signed a definitive agreement to acquire privately-held Strongwell Lenoir City, Inc. The transaction is expected to be completed in the second quarter. Financial terms were not disclosed. A sister company, Strongwell Corporation, is not part of this transaction and will continue to operate under the current ownership. Based in Lenoir City, TN, Strongwell Lenoir City Inc. designs and manufactures precast polymer concrete products (used to house underground equipment) such as handholes, enclosures, equipment pads and transformer pads sold to the electric and telephone industries. Products will continue to be sold under the brand names QUAZITE(R), and SPLITT-PAD(R). The company also has a line of surface drain products sold under the brand names POLYCAST(R), POLYVENT(R), and DURAGUARD(R). The company has two manufacturing facilities - Lenoir City, TN and San Jose, CA - and recorded revenue of approximately $70 million in 2005. Following completion of the transaction, Strongwell Lenoir City, Inc. will join Hubbell's Power Systems Segment (HPS) as Hubbell Lenoir City, Inc. A leading supplier of utility products, HPS manufactures products used for construction, maintenance, and upgrading of the electrical transmission and distribution infrastructure, and telecommunications networks. In addition, HPS includes a business which designs and manufactures foundation piering products to address a variety of civil engineering applications. Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for commercial, industrial, residential, utility, and telecommunications markets. With 2005 revenues of $2.1 billion, Hubbell Incorporated operates manufacturing facilities in North America, Puerto Rico, Mexico, Italy, Switzerland, Brazil, and the United Kingdom, participates in a joint venture in Taiwan, and maintains sales offices in Singapore, Hong Kong, South Korea, People's Republic of China, and the Middle East. The corporate headquarters is located in Orange, CT. # # # # #