46 NOVEMBER / DECEMBER 2021 Wiring Harness News INDUSTRIAL INFO-TAINMENT
TPC Wire & Cable Acquires The First Electronics Corporation ( FEC )
Acquisition adds custom interconnect solutions for growing engineered products division
PC Wire & Cable ( TPC ), a portfolio
company of Audax Private Equity , announced that it has completed the acquisition of The First Electronics Corporation ( FEC ), a leading supplier of manufactured custom cable assemblies for Military and Defense applications . Founded in 1955 and based in Boston , Massachusetts , FEC has grown to be the leading supplier of electrical wiring harnesses , specializing in the production of over-molded , extra-flexible , multi-conductor , EMI-shielded cable assemblies and harnesses , and electro-mechanical assemblies custom-built for military applications .
“ At TPC , we continue to focus on providing high-performance connectivity solutions for our customers ’ highcost-of-failure applications . We ’ ve invested in our Engineered Products Division to build on this promise in a growing number of high-reliability end markets and applications . Our investment in FEC will enable the organization to build upon the success that the FEC team has achieved over the years . Our commitment is to provide the FEC organization with the tools and resources to provide the highest quality products and services to their customers .” says Jeff Crane , President and Chief Executive Officer of TPC .
Speaking on the transaction , Will Donnellan , the President of FEC noted , “ FEC has enjoyed exponential growth over the last two years . In order to continue that growth and deliver the highest quality product in support of our nation ’ s defense , we needed to find a strategic partner who had the resources to help us grow and expand but that also understood the military and aerospace marketplace . We found that in our partnership with TPC . FEC is excited about the synergies and additional capabilities the TPC team will add to our industry-leading product line .”
TPC recently formed its Engineered Products Division to expand its coverage of high-reliability end markets like Space , Aerospace & Defense , Semiconductor , Subsea , Renewables , and Medical Devices amongst others . The partnership with FEC enhances TPC ’ s solutions offering to these end-markets by expanding its portfolio of specialized wire and cable solutions for highreliability , mission critical applications .
About TPC Wire & Cable :
Founded in 1979 , TPC is a leading designer and provider of high-performance wire , cable , connectors , assemblies , and accessories used in harsh , high cost-of-failure environments . TPC ’ s products are designed to exceed customer performance specifications and withstand abuse from impact , abrasion , flexing , chemicals , extreme temperatures , miniaturization , and other demanding design requirements . TPC ’ s products are specially constructed for a wide range of design challenges across high-reliability applications in diversified industrial end markets , defense , aerospace , medical and other industries .
For further information , visit tpcwire . com .