BESSEMER, Ala., June 30, 2025 –– Power Grid Components (“PGC”), a Blackstone portfolio company, is pleased to announce an exclusive agreement between its subsidiary, Newell, and GAMMA Insulators (“GAMMA”). As part of this agreement, Newell will expand its product line to include GAMMA’s composite distribution insulators for the North American market. This strategic addition reflects PGC’s commitment to strengthening its commercial capabilities and supporting the evolving needs of customers in the North American utility sector.
“At PGC, we seek manufacturers who share our values and our commitment to delivering reliable products for the growing electrical grid,” said Rick Stanley, President of Newell. “GAMMA’s expertise in producing high-quality insulators will be instrumental in enhancing our capabilities to service customers in the North American market. By leveraging GAMMA Insulators’ manufacturing capabilities in Colombia, this strategic agreement significantly strengthens Newell’s nearshoring efforts. This move ensures more reliable service through reduced lead times, improved logistics, and greater control over our supply chain, ultimately benefiting Newell’s North American customers. Furthermore, GAMMA’s unique offering of porcelain F-neck and aluminum F-neck line posts differentiates Newell’s offerings from the current market.”
GAMMA brings over 60 years of experience in insulator manufacturing with a proven track record as a leading producer in the Central and South American markets.
“GAMMA has been a leading producer of insulators for over 60 years,” said Claudia Arango Botero, General Manager, Energy Business, at GAMMA. “In this new chapter, we look forward to continuing to provide leading engineered products and adding capacity and service capability to the PGC commercial teams.”
PGC remains focused on expanding its product lines within the electrical grid segment. These products are used in mission-critical applications with a strong focus on electrical substations and overhead distribution lines.