Company Information

Part
01
of eight
Part
01

GE Grid Solutions

With over 15,000 employees, GE Grid Solutions generated $4 billion in revenue in 2019. An overview of GE Grid Solutions has been provided on row 3 of the attached spreadsheet.

Over of GE Grid Solutions

  • GE Grid Solutions was founded in 1892 and is headquartered in Paris area, Ile de France.
  • In 2019, the company generated over $4 billion in revenue.
  • GE Grid Solutions has over 15,000 employees and serves customers in about 70 countries.
  • The company has a sales presence in the Americas, Europe, Asia, and the middle east and Africa.
  • GE Grid Solutions has a 180,000 sq ft manufacturing facility in Stafford, UK.

Research Strategy

An exhaustive search to determine the exact number of facilities owned by GE Grid Solutions and the square footage of each facility or the total of all facilities was unsuccessful. We scoured through the company's annual report, press releases, third-party sources such as Craft, and public sources to determine this information but did not find any. However, in the course of this research, we found one facility in the UK which we have provided in this report.
Part
02
of eight
Part
02

Ametek Power

The requested information about Ametek has been provided in the project spreadsheet.
  • Ametek was founded in 1930 and has 17,000 employees.
  • In 2019, sales revenue was $5,158,600,000.
  • One source stated that Ametek has 150 operating locations, however, the research team was only able to identify 45 location addresses.
  • Ametek locations include office buildings, manufacturing centers, sales offices, service locations, engineering plants, and research and development centers.
  • The research team was unable to determine an office square footage for all Ametek locations. However, we were able to determine the square footage of three Ametek locations:
  • Thus, the research team found the average size of the three above facilities, and then multiplied that by 150, the total number of Ametek locations, to estimate a total square footage for the company. The estimated total square footage is 8,300,000-square-feet.
Part
03
of eight
Part
03

ETAP

An overview of ETAP, including when they were founded, employee count, revenue figure, headquarters, facility details, and market footprints, has been provided in row 5 of the attached spreadsheet. ETAP is a tech company that provides analytical engineering solutions for the "simulation, design, monitoring, control, operator training, optimization, and automation of power systems."

Summary of Findings

  • ETAP was founded in 1986 with headquarters in Irvine, California. It has more than 200 employees globally.
  • The company's revenue isn't publicly available probably because it is privately-owned (private companies are not obligated to reveal such financial details). However, according to ZoomInfo, it has an estimated revenue of $70 million.
  • It appears that ETAP's corporate headquarters houses its manufacturing, research and development, and warehouse facilities, as the company and other third-party sources provide only the details of its corporate headquarters and other over 50 sales and support offices across the world. Hence, we've provided that it operates only two types of facilities — its corporate headquarters and sales & support offices.
  • ETAP sells and operates in over 50 countries. Therefore, a list of the addresses of the regional offices in North America, Latin America, Europe, the Middle East, and Asia has been provided, as other locations appear to be affiliations or support offices, with no address details provided.
  • Lastly, the square footage of each facility and/or the total of all facilities isn't publicly available. However, research into property listing platforms (such as LoopNet and Realty Trac) on the details of the property designated by the address of ETAP's corporate headquarters shows that the square footage is 21,500 square feet. Note that it is not known or indicated if ETAP occupies the whole space or if it rents a portion. That's why it was indicated as an estimate.
Part
04
of eight
Part
04

Elastimold (a division of ABB)

While there is little data on Elastimold, one of the brands under ABB's Installation Products division, we included the available information in the attached spreadsheet. Additional findings and our research strategy can be found below.

Helpful Findings

Ownership

  • While Elastimold is one of the brands under ABB, it is not one of the company's major divisions.
  • Thomas and Betts, the previous owner of Elastimold, became part of the ABB group in 2012. However, since 2018, all products by T&B brands are under ABB Installation Products, Inc. Therefore, neither Elastimold nor Thomas and Betts are a separate entity within the company.
  • ABB Installation Products is one of the company's main business lines. Still, the information on the segment's revenue is not available in ABB's SEC filings or annual reports from the last two years.
  • ABB's total revenue is $28 billion.

Information on the Brand

  • Even using web archives, the information on Elastimold is scarce. However, there is an overview of Elastimold's main facility on the ABB's website.
  • Since the facility has been operating since 1960, we made an assumption that it's when the company was founded. While there is a chance that the company is older and changed, it is the only location we found that has been named as its headquarters.
  • As Elastimold is not considered as a separate entity, ABB doesn't disclose information on revenue, the number of employees, or facilities.
  • While the Hackettstown facility designs and manufactures Elastimold products specifically, the brand doesn't appear to have separate warehouses. ABB's warehouses include products from multiple brands.
  • However, it is not possible to list all warehouses that include Elastimold products, since the list of brands only appears in news articles about the new ones.
  • Elastimold's main facility is located at 1 Esna Park, Hackettstown, New Jersey, United States. It serves as the brand's main office, as well as a design and manufacturing facility. It employs 350 people.
  • It is the only facility we uncovered that solely designs and manufactures Elastimold's products. Also, its square footage is not disclosed.
  • ABB is available in 98 countries. We named all those countries in Column J since the "Where to Buy" page accessible through the Elastimold's product page suggested that the brand is available in any of the ABB's locations.


Research Strategy

First, we conducted a thorough analysis of the ABB website, annual reports, SEC filings, and additional company materials. However, the only non-product information on Elastimold was an overview of the Hackettstown facility. The likely reason is that Elastimold is only a brand within ABB Installation Products, Inc. (See the explanation above.)

Then, we tried to find information on Elastimold in media articles and business databases. However, while we found a few relevant pages in some of the databases, such as an automatic listing on LinkedIn, they only included information on the company's headquarters. We attempted to find more information by searching through web archives. Still, we only found a page that redirects to the company's previous owner, Thomas and Betts' website, which redirects to ABB's.



Part
05
of eight
Part
05

Joslyn (a division of ABB)

Joslyn is a division of the ABB group, with headquarters located in the United States and a second location in Canada. Further information can be found on the attached spreadsheet.

Key Findings

  • Joslyn Hi-Voltage was founded in 1919, in Cleveland Ohio as Hi-Voltage Equipment Company, and it was acquired by Joslyn Corporation.
  • The entire corporation was acquired in 1995 by Danaher Corporation, which sold the Joslyn Hi-Voltage division to Thomas & Betts in 2007.
  • Finally, in 2012, ABB acquired Thomas & Betts, turning Joslyn Hi-Voltage into an ABB division.
  • Joslyn Hi-Voltage has approximately 190 employees according to an unverified source, while LinkedIn estimates the total headcount is between 201 and 500.
  • The revenue brought in by this division has been estimated at $9,962,397 by an unverified source. The total revenue of the Electrification division, which is the parent division of Joslyn Hi-Voltage within the ABB group was $12.7 billion in 2019.
  • Two locations were found for Joslyn Hi-Voltage, one is in Cleveland, Ohio while the second one is in Lachine, Quebec.

Research Strategy

As it was mentioned in the key findings, Joslyn Hi-Voltage has been acquired by different companies throughout the years, which makes finding the most updated information available very difficult. Scarce information about the division has been shared since it was acquired by the ABB group. Therefore, we have provided information compiled from reports made throughout the years by corporations owning the division, as well as the most recent annual reports of the ABB group and reputable news outlets. In order to calculate the size of the facilities, we used a map calculator, which allowed us to estimate the total square footage as portrayed on Google Maps.
Part
06
of eight
Part
06

Eaton

The requested information for Eaton has been entered in the attached spreadsheet. A summary of the findings is below.
  • Eaton was founded in 1911 and it's headquarters are in Dublin, Ireland.
  • The company has a general population of 95,000 employees.
  • In 2019, the company generated sales for electrical systems and services totaling $6,287,000,000.
  • The address of the company Headquarters is Eaton House, 30 Pembroke Road, Dublin 4, Ireland D04 Y0C2.
  • While there is no information on the number of facilities in the transmission and distribution business departments, the company has a total of 148 facilities worldwide.

Research Strategy

We triangulated the square feet for the Eaton warehouse and manufacturing facility in Duncan, South Carolina. We found information that stated that Eaton’s El Paso manufacturing facility was initially 180,000 square feet and was then increased by 127,000 square feet. We added the two figures (180,000 and 127,000) and the total square feet came to 307,000.

An exhaustive search to determine the total number of employees and the number of facilities in the transmission and distribution business departments did not provide any relevant information. To find this information, we scoured through the company's website, annual reports, press releases, third-party sources such as Craft, Bloomberg, Forbes, and the Financial Times. We also tried to find information on the total number of employees from LinkedIn and Indeed as we thought we could do an estimated count on employees working in the respective departments. However, this strategy was also not successful.
Part
07
of eight
Part
07

Subnet

Subnet was founded in 1992 and has about 139 employees. More detailed information can be viewed in Row 9 of the attached spreadsheet. A brief overview of the findings is listed below:
  • The website of Subnet can be accessed via this link. 
  • The four facility types include sales, development & engineering, automation, and training.
  • The company's most recent estimated annual sales revenue was $4,000,000 million.

Research Strategy

Our research team began by extracting information from the company's official website, but we could not identify the square footage of the company's facilities. Therefore, we decided to review press releases and webinars from Subnet, but we still could not find any mention of the size of the company's facilities. We concluded that this information is not readily available in the public domain as Subnet is a privately-held company.

Secondly, the revenue generated during the second quarter of 2020 was assumed to be the most recent sales revenue.

Lastly, through our research, we found that training is regularly offered at the headquarter.
Part
08
of eight
Part
08

Royal Switchgear

A comprehensive overview of Royal Switchgear is provided in row 10, column B-K of the attached spreadsheet. Information on the company's facility size was not readily available and hence a triangulation was conducted to unearth this information. Below are some highlights on the company.

Royal Switchgear

Research Strategy

To determine the facility size of Royal Switchgear, a general search was conducted on the company's website, industry publications (such as, Industrial Distribution) and third-party databases (like Thomas and Cortera). However, this approach did not yield the desired information leading to an attempt at a triangulation. To do this, the team leveraged Google Earth. Google Earth has a feature where one can measure a place or building by searching for a specific location (in this case, we entered the exact location of the company's headquarters) and measuring it using points. Once we had entered the location, Google Earth displayed an aerial image of the facility. Next, we selected the four corners of the facility building and got the area in square feet (41,566 square feet). Afterwards, we selected the four corners of the facility compound and got the area as 74,583 square feet.
Sources
Sources