PR Newswire
CLEVELAND, Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 21, 2025, to shareholders of record at the close of business on January 7, 2025.
ABOUT PLP
PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.
CLEVELAND, Nov. 25, 2024 /PRNewswire/ -- PLP, a global leader in developing innovative infrastructure solutions for electric power systems, today announced the launch of the world's first self-service drone kit for remotely installing bird diverters on overhead power lines. The new RAPTOR CLAMP™ Drone Kit enables electric utilities and contractors to safely and efficiently install PLP RAPTOR CLAMP Diverters via a simple-to-use DIY accessory kit that seamlessly attaches to DJI M300/M350 drones—widely used and popular drone models currently employed by utilities worldwide.
CLEVELAND, Oct. 30, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2024.
Net sales in the third quarter of 2024 were $147.0 million compared to $160.4 million in the third quarter of 2023, an 8% decrease. The decrease in sales is primarily related to a continuation of the slowdown in spending in the communications end market. Foreign currency translation reduced third quarter 2024 net sales by $0.8 million.
CLEVELAND, Sept. 19, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on September 18, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable October 21, 2024, to shareholders of record at the close of business on October 1, 2024.
ABOUT PLP
PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.
CLEVELAND, Aug. 16, 2024 /PRNewswire/ -- PLP, a global leader and key U.S. manufacturer of critical broadband infrastructure components, today announced that it is the first fiber optic closure and pole line hardware manufacturer to self-certify several of its core products as compliant with the Build America, Buy America (BABA) Act requirements of the U.S. BEAD Program.
The BABA Act, part of the Infrastructure Investment and Jobs Act (IIJA)—also known as the Bipartisan Infrastructure Law—mandates strict U.S. domestic sourcing requirements for all related programs, including the Broadband Equity, Access, and Deployment (BEAD) Program, which allocates $42.5 billion in federal grants to U.S. states and territories for the planning, deployment, and adoption of projects and activities that provide high-speed internet access to unserved and underserved communities.
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