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Greenlee Acquires Sherman & Reilly Inc.
In a strategic move to broaden its position in the utility segment, Greenlee, a Textron Inc. company, announced it has acquired ownership of Sherman & Reilly Inc., a manufacturer of underground and aerial transmission and distribution products based in Chattanooga, TN.
Sherman & Reilly is the leading U.S. manufacturer of pulling and stringing equipment for the power utility segment. The company currently employs 110 people and will join the Greenlee family of brands alongside Greenlee, Klauke and Greenlee Communications. In addition to its portfolio of pulling products and accessories Sherman and Reilly will continue to manufacture a range of cable installation blocks and distribute fiber-optic blowing systems for the telecommunication market. Sherman and Reilly will become a separate business unit within Greenlee, led by Dunn. 800.435.0786, greenlee.com