2008 Annual Report - Hubbell Wiring Device-Kellems

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Commercial ProductsHubbell manufactures and/or sells outlet boxes, enclosures and fittings under the following trademarks:• Raco»- steel and plastic boxes, covers, metallic and nonmetallic electrical fittings and floor boxes• Bell»- outlet boxes, a wide variety of electrical boxes, covers, combination devices, lampholders and leverswitches with an emphasis on weather-resistant types suitable for outdoor applications• Wiegmann»- a full-line of fabricated steel electrical equipment enclosures such as rainproof and dust-tightpanels, consoles and cabinets, wireway and electronic enclosures and a line of non-metallic electricalequipment enclosuresIndustrial ControlsHubbell manufactures and sells a variety of heavy-duty electrical and radio control products which have broadapplication in the control of industrial equipment and processes. These products range from standard andspecialized industrial control components to combinations of components that control industrial manufacturingprocesses.Products for Harsh and Hazardous LocationsHubbell’s special application products are intended to protect the electrical system from the environmentand/or the environment from the electrical system. Harsh and hazardous locations are those areas (as defined andclassified by the National Electrical Code and other relevant standards) where a potential for fire and explosionexists due to the presence of flammable gasses, vapors, combustible dust and fibers. Such classified areas aretypically found in refineries, offshore oil and gas platforms, petro-chemical plants, pipelines, dispensing facilities,grain elevators and related processing areas. These products are sold under a number of brand names andtrademarks, such as Killark», Disconex TM , HostileLite», Hawke TM , GAI-Tronics», FEMCO», DAC TM , and ElemecTM , and include:• Cable connectors, glands and fittings• Junction boxes, plugs, receptacles• Conduit raceway fittings• Land mobile radio peripherals• Electrical distribution equipment• Lighting fixtures• Electrical motor controls• Switches• Enclosures• Telephone systems• Intra-facility communicationsOther products manufactured and sold for use primarily in the mining industry under the trademark Austdac TMinclude material handling, conveyer control and monitoring equipment, gas detection equipment, emergencywarning lights and sounders.High Voltage Test and Measurement EquipmentHubbell manufactures and sells, under the Hipotronics», Haefely» and Tettex» trademarks, a broad line of highvoltage test and measurement systems to test materials and equipment used in the generation, transmission anddistribution of electricity, and high voltage power supplies and electromagnetic compliance equipment for use in theelectrical and electronic industries.Lighting ProductsHubbell manufactures and sells lighting fixtures and controls for indoor and outdoor applications within threecategories:1) Commercial/Institutional and Industrial Outdoor, 2) Commercial/Institutional and Industrial Indoor, and3) Residential.4
Commercial/Institutional and Industrial Outdoor products are sold under a number of brand names andtrademarks, including Kim Lighting», Architectural Area Lighting, Beacon Products, Hubbell Outdoor Lighting,Security TM , Spaulding TM , Whiteway TM , Sportsliter», Sterner», Devine», and Lightscaper» and include:• Bollards• Pedestrian zone, path/egress, landscape,• Canopy light fixturesbuilding and area lighting fixtures and poles• Decorative landscaping fixtures• Series fixtures• Fixtures used to illuminate athletic and• Signage fixturesrecreational fields• Flood/step/wall mounted lighting• Floodlights and poles• Inverter power systemsCommercial/Institutional and Industrial Indoor products are sold under the Alera TM , Columbia Lighting»,Precision Lighting TM , Paragon Lighting, Kurt Versen, Prescolite», Dual-Lite», Compass TMProducts, HubbellIndustrial Lighting, Chalmit TM , Victor TM , Killark» and Thomas Research Products trademarks and include:• Architectural and specification and commercialgrade fluorescent fixtures• Emergency lighting/exit signs• Fluorescent high bay fixtures• High intensity discharge high bay and low bayfixtures• International Electrotechnical Commissionlighting fixtures designed for hazardous, hostilecorrosive applications• Inverter power systems• Recessed, surface mounted and track fixtures• Specification grade light-emitting diodes(“LED”) fixturesResidential products are sold under the Progress Lighting», HomeStyle TMLighting, and ThomasvilleLighting» (a registered trademark of Thomasville Furniture Industries, Inc.) tradenames and include:• Bath/vanity fixtures and fans• Ceiling fans• Chandeliers, sconces, directionals• Close to ceiling fixtures• Dimmers and door chimes• Linear fluorescent• Outdoor and landscape fixtures• Residential LED fixtures• Track and recessed lighting• Under-cabinet lightingPOWER SEGMENTThe Power segment (28%, 25% and 24% of consolidated revenues in 2008, 2007 and 2006, respectively)consists of operations that design and manufacture various transmission, distribution, substation and telecommunicationsproducts primarily used by the utility industry. In addition, certain of these products are used in the civilconstruction and transportation industries. Products are sold to distributors and directly to users such as electricutilities, mining operations, industrial firms, construction and engineering firms. While Hubbell believes its sales inthis area are not materially dependent upon any customer or group of customers, a decrease in purchases by publicutilities does affect this category.5
Page 1 and 2: P O S I T I O N E D F O R T O D A Y
Page 3 and 4: 2008 SALESby Segmentby GeographyPow
Page 5 and 6: The success of “today” position
Page 7 and 8: POSITIONED FOR TODAYby consistently
Page 9 and 10: POWER SEGMENTBrand recognition and
Page 11 and 12: DRIVINGPERFORMANCETHROUGHPRODUCTIVI
Page 13 and 14: KURT VERSEN INC,ACQUIRED IN JANUARY
Page 15 and 16: 13THE LIGHTING SOLUTIONSLAB AT HUBB
Page 17 and 18: THE FUTURE ISELECTRIC WITHOPPORTUNI
Page 19: OFFSHORE OIL RIGS AREJUST ONE OF MA
Page 23 and 24: HUBBELL INCORPORATEDANNUAL REPORT O
Page 25: The Company’s annual report on Fo
Page 29 and 30: Haefely Test, AG based in Switzerla
Page 31 and 32: A global recession and continued wo
Page 33 and 34: Item 2. PropertiesHubbell’s manuf
Page 35 and 36: Name. Age(1) Present Position Busin
Page 37 and 38: Purchases of Equity SecuritiesIn Fe
Page 39 and 40: Item 6.Selected Financial DataThe f
Page 41 and 42: • Revenue GrowthOrganic Growth. I
Page 43 and 44: the 2007 rate related to the closin
Page 45 and 46: one in 2007 as well as a higher amo
Page 47 and 48: management, production planning and
Page 49 and 50: Although these facilities are not t
Page 51 and 52: offer retiree medical benefits to a
Page 53 and 54: overhead, maintenance and training
Page 55 and 56: • Changes in strategy, economic c
Page 57 and 58: Item 8.Financial Statements and Sup
Page 59 and 60: REPORT OF INDEPENDENT REGISTERED PU
Page 61 and 62: HUBBELL INCORPORATED AND SUBSIDIARI
Page 65 and 66: Foreign Currency TranslationThe ass
Page 67 and 68: measurement attribute for the finan
Page 77 and 78:
HUBBELL INCORPORATED AND SUBSIDIARI
Page 79 and 80:
Page 81 and 82:
Note 12 — DebtHUBBELL INCORPORATE
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Note 17 — Capital StockHUBBELL IN
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
computation of earnings per dilutiv
Page 95 and 96:
Industry Segment DataHUBBELL INCORP
Page 97 and 98:
Page 99 and 100:
Item 11.Item 12.Executive Compensat
Page 101 and 102:
NumberDescription10h† Hubbell Inc
Page 103 and 104:
NumberDescription31.1* Certificatio
Page 105 and 106:
Schedule IIHUBBELL INCORPORATED AND
Page 107 and 108:
Exhibit 31.1I, Timothy H. Powers, c
Page 109 and 110:
Exhibit 32.1CERTIFICATION PURSUANT
Page 111 and 112:
BOARD OF DIRECTORSE. RICHARD BROOKS
Page 113 and 114:
CORPORATEOFFICERSTIMOTHY H. POWERSC
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2008 Annual Report - Hubbell Wiring Device-Kellems

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