Madison Electric Products Acquires Smart Pathways LLC
Madison’s latest acquisition helps the company bridge the gap between the electrical and data communication industries
CLEVELAND, OH (January 12, 2016) – Madison Electric Products announced today the acquisition of Smart Pathways LLC, a leading manufacturer and distributor of Smart LB telecommunications conduit bodies.
Conduit bodies have long been part of the installers’ toolbox, but Smart Pathways offers a more advanced solution that solves numerous problems they face on a daily basis. Designed by Ken Bing, managing member of Willow Rest LLC, who drew from his experience as a contractor in both the electrical and data communication areas, the Smart LB conduit body has a built-in elbow that helps prevent cables from getting caught or damaged when they’re pulled around corners. Unlike traditional LBs that have a sharp 90-degree corner, this helps save time and labor during installation.
“We recognize the long-term potential and opportunity in the data communication industry,” said Brad Wiandt, president of Madison Electric Products. “Smart LB conduit bodies complement the existing products we promote in that segment, positioning Madison to establish a much greater presence in this new and growing market.”
Smart Pathways’ existing product portfolio consists of six different SKUs, all of which Madison plans to continue manufacturing after the acquisition is complete. Additionally, Madison will work closely with Bing to determine the best way to take the concept further into the market in the in the future.
“Madison is the ideal partner to take Smart LB to the next level. I look forward to working with their team to really maximize the potential and reach of our product line,” said Bing. partner we look to work with at Madison. Their vision to revolutionize installation practices underscores our ongoing commitment to innovation and pushing the electrical and data communication industries forward. Further, this acquisition reinforces the success and potential of our Sparks Innovation Center,” added Wiandt.
To submit an idea for consideration through the Sparks Innovation Center, visit sparks.meproducts.net.
About Madison Electric Products
Madison Electric Products provides the electrical supply and manufacturing industries with over 2,000 products and helps inventors bring innovative electrical products to market. Founded over 80 years ago and headquartered in northeast Ohio, the company created one of the electrical industry’s most relied-upon products, the Madison Hold-it. Today, it boasts a customer service-oriented coast-to-coast network of sales agents and distribution centers.