TPC Wire & Cable Corp. (TPC) announced that on November 30, it has completed the acquisition of Milrail Inc., located in Point-Claire, Quebec to strengthen its position as a high-performance supplier of wire and cable solutions. Milrail is a North American specialty supplier of wire, cable, interconnect devices and grounding systems to the rail, transit and military markets.
In making the announcement, TPC President & CEO Jeff Crane explained, “We continue to execute our strategy of building on what is already one of North America’s leading wire and cable suppliers. TPC and Milrail share an approach of using high quality, innovative solutions to solve complex customer problems. We are excited and committed to expand Milrail’s product and service reach, delivering their great tradition of quality to even more customers throughout North America.”
Of the transaction, Milrail’s Vice President and Co-founder, Donald Laplante stated, “Milrail will conduct business with the same passion and pride that has become its trademark and we are excited to find new partners in TPC that share these values. The new team gives us the opportunity to further increase our presence in the US and Mexico as a leading supplier of electrical interconnect transit products to the Americas.”
Milrail President and Co-founder, Allan Laplante added, “After 28 years of serving the rail, transit and military markets in Canada, we’ve seen a shift in our customer’s thinking: a desire to work with larger companies with an extended reach. Combining Milrail’s exceptional customer service and technical support with TPC’s broader commercial capabilities, allows our two companies to carry this torch into the future and throughout North America in the wire, cable and connectivity market.”
TPC Wire & Cable