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Powell Industries, Inc.POWL
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Powell Industries, Inc., together with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems.

The company's principal products include integrated power control room substations, custom-engineered modules, electrical houses, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches, and bus duct systems, as well as traditional and arc-resistant distribution switchgears and control gears.

Its products have application in voltages ranging from 480 volts to 38,000 volts. The company also provide field service inspection, installation, commissioning, modification and repair, spare parts, retrofit and retrofill components for existing systems, and replacement circuit breakers for switchgear.

It serves onshore and offshore production, liquefied natural gas facilities and terminals, pipelines, refineries, and petrochemical plants, as well as electric utility, light rail traction power, mining and metals, pulp and paper, data centers and other municipal, commercial, and industrial markets.

The company has operations in the United States, Canada, the Middle East, Africa, Europe, Mexico, and Central and South America.

Powell Industries, Inc. was founded in 1947 and is headquartered in Houston, Texas.

Latest News >
Federal Reserve Watch for March 29: Powell Said That FOMC Will Be Patient on Rate Decision 'Because We Can Be'
Federal Reserve Watch for March 29: Powell Said That FOMC Will Be Patient on Rate Decision 'Because We Can Be'
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12:24 PM EDT, 03/29/2024 (MT Newswires) -- Federal Reserve Chairman Jerome Powell (voter) said that the FOMC will be careful when deciding when to lower rates, saying that it can remain patient and not act too quickly or too late given the risks on both sides. Powell repeated that it would not be appropriate to lower rates until the FOMC...
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Jerome Powell Says Fed Doesn't 'Need To Be In A Hurry To Cut' Interest Rates: Odds Of June Reduction Jump In Prediction Market
Jerome Powell Says Fed Doesn't 'Need To Be In A Hurry To Cut' Interest Rates: Odds Of June Reduction Jump In Prediction Market
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The monthly personal consumption expenditures (PCE) report Friday showed inflation rising in the month of February, which could impact the timing of future interest rate cuts by the Federal Reserve. Here's what Federal Reserve Jerome Powell said Friday about the latest inflation data — and what could come next. What Happened: The headline PCE price index was up 2.5% annually...
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