Powell Industries, Inc. Announces Executive Changes
December 27, 2017 at 02:43 pm EST
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Powell Industries, Inc. announced retirement of Eugene L. Butler from director to fill the vacancy created by Mr. Butler's retirement. Mr. Elders was elected to serve for the unexpired term of Mr. Butler and, thus, Mr. Perry will be a member of the Company's 2020 director class. Mr. Elders has been elected to serve as a member of the Audit Committee.
Powell Industries, Inc. develops, designs, manufactures and services custom-engineered equipment and systems. The Company distributes, controls and monitors the flow of electrical energy and provides protection to motors, transformers and other electrically powered equipment. Its principal products include integrated power control room substations (PCRs), custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches and bus duct systems. Its products are designed for application voltages ranging from approximately 480 volts to 38,000 volts and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquefied natural gas (LNG) terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper and other industrial markets.