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Hubbell Inc. will acquire Carson-based DMC Power Inc., a designer and manufacturer of high-voltage connector technology, for ...
10d
GlobalData on MSNHubbell to acquire DMC Power for $825m
The transaction is expected to be finalised by the end of 2025 after meeting all necessary closing conditions.
Under DMC law, the city has authority to increase the Rochester local-option sales tax by 0.25 percent, or extend the tax's time period, to pay for DMC capital projects for public infrastructure.
The five City Council members present Monday — Ed Hruska and Michael Wojcik were absent — all agreed to authorize city staff to begin using internal cash funds to pay for the 2014 DMC budget.
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