Bridgeport Fittings Inc., a Stratford-based electrical products manufacturer, has been acquired by NSI Industries of Huntersville, N.C. Terms of the transaction were not made public.
Founded in 1925, Bridgeport Fittings manufactures electrical fittings including couplings, conduit bodies, transition fittings, bushings, solar connectors and other components. Its portfolio includes more than 2,500 products and 172 patents.
The company’s products service the health-care, hospitality, educational, commercial, retail, light industrial, residential and renewable-energy industries.
Bridgeport Fittings employs approximately 200 people and will continue to operate out of its Stratford facility on Lordship Boulevard, according to an announcement. NSI will evaluate and work with distributor and sales partners to determine how to best integrate Bridgeport with NSI “to maximize operational synergies,” the company said.
“NSI shares our high standards to deliver innovative and reliable products designed with the highest quality to help the electrical industry streamline projects and lower total costs,” said Bridgeport Fittings President and Chief Operating Officer Paul Suzio.
“Our combined strengths and ambition, including unmatched customer service and solutions that help contractors get on and off of the job quickly, safely and cost-effectively, will only benefit our respective customers,” Suzio added.
NSI Industries has been in growth mode during 2019. In March the North Carolina electrical and control products manufacturer acquired the Newbury Park, Calif.,-based manufacturer Platinum Tools.
Now, the Bridgeport Fittings deal “further accelerates our growth as an electrical products company focused on providing innovative, profitable and quality solutions to our distributor partners,” said G.R. Schrotenboer, chief executive officer of NSI Industries, in a statement.
“The Bridgeport product portfolio is completely complementary to our electrical solutions, and together we have the ability to successfully serve all of our markets with a more comprehensive set of solutions,” he added.
