PREFORMED LINE PRODUCTS Business Summary

Preformed Line Products Company (PLPC) generates revenue through the design and manufacture of specialized hardware and systems for the construction and maintenance of overhead and underground networks. Its business is organized into four geographic segments—PLP-USA, Americas, EMEA, and Asia-Pacific—serving the energy, telecommunications, and solar power industries. The company’s primary revenue streams come from the sale of high-precision formed wire products, fiber optic splice closures (COYOTE®), and solar mounting hardware. PLPC competes directly with firms such as Franklin Electric (FELE), Brady Corporation (BRC), and Thermon Group (THR). As the world’s largest producer of formed wire products, PLPC maintains a dominant market position by providing mission-critical reliability for global utility and broadband infrastructure. Founded in 1947 by electrical engineer Thomas F. Peterson, the company remains under significant family leadership and ownership. The current executive team is led by CEO Dennis F. McKenna, a 30-year company veteran who assumed the role in January 2024, and Executive Chairman Robert G. Ruhlman, who previously served as CEO for over two decades. Other key leaders include President Jon Ryan Ruhlman and CFO Andrew S. Klaus. The Ruhlman family continues to be a major stakeholder, with Barbara Ruhlman holding approximately 29% of the company’s shares. The Board of Directors features experienced independent members, including Matthew J. Frymier and R. Steven Kestner, ensuring a blend of legacy expertise and modern corporate governance.