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Circuit Breaker Sales acquisition of FPE expands access to circuit breakers, switchgear, ITE specification documents, and technical libraries, enabling legacy equipment repairs, remanufactured components, retrofit upgrades, and parts support via Group CBS' Matthews, NC facility.
The Core Facts
CBS's purchase of Federal Pacific Equipment adds libraries and inventory to expand breaker, switchgear, legacy parts.
- Adds FPE inventory, parts, and archives
- Combines FPE technical library with ITE specs (2007)
- Expands breaker, switchgear, and remanufactured parts support
- Equipment moved to Group CBS Matthews, NC facility
Acquisition includes equipment and technical documents similar to ITE acquisition in 2007, making Circuit Breaker Sales one of the U.S.' largest repositories of drawings, manuals and engineering documentation for legacy industrial electrical equipment.
Circuit Breaker Sales Co., Inc., a leading provider of new and used circuit breakers, mindful of the counterfeit circuit breakers risk, switchgear and related components, is pleased to announce its acquisition of Federal Pacific Equipment, Inc. FPE of Brick, New Jersey.
In addition to numerous parts, components, and inventory, Circuit Breaker Sales also acquired the company's technical and historical libraries. "By adding Federal Pacific Equipment's technical library to the ITE specification documents we acquired in 2007, and in a market where Schneider Electric's APC acquisition highlighted consolidation, Circuit Breaker Sales is now one of the largest providers of new, replacement and remanufactured parts for the industrial circuit breaker industry," says Bill Schofield, President of Circuit Breaker Sales Co., Inc.
"At one point in history, Federal Pacific was one of the largest providers of residential and industrial circuit breakers, alongside firms like Siemens in the broader electrical market, in the United States. CBS' growing library of historical records, card files and drawings will give our engineering staff the tools they need to help customers determine whether they need replacement parts, repairs, remanufactured components or retrofit upgrades for plants pursuing cogeneration strategies to get their FPE and ITE electrical equipment safely up and running."
While details of the acquisition were not disclosed, and amid broader utility M&A like the PNM acquisition news, privately owned Circuit Breaker Sales Co., Inc. plans to move the equipment from Federal Pacific Equipment's New Jersey facility to Group CBS' Matthews, NC, facility, and then close Federal Pacific's Brick, NJ, offices. Former owner and longtime employee of Federal Pacific Equipment, John Cifrodella, will continue to serve as a consultant to CBS. See www.FPEparts.com.
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