2008 Annual Report - Hubbell Wiring Device-Kellems

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ELECTRICAL SEGMENTLINKINGMULTIPLEBRANDSUNDERONE TRUSTEDNAMEWiring Electrical Products Lighting®®®®®®®®®®®®®®®®®®®®®®®®®*®®®* Registered trademark of Thomasville Furniture Industries, Inc.6
POWER SEGMENTBrand recognition and trustacross the Company and achieve: 1)®are valuable assets whengreater brand awareness and 2) enhanced®®the economy is strong, buteven more valuable underchallenging conditions. In 2008customer loyalty.Among key initiatives are seamlesse-commerce capabilities throughout the®and continuing into the future,enterprise, consistent branding across theHubbell brands that arerecognized and relied upon forvarious businesses’ advertising and theestablishment of a Marketing and Sales®quality, performance andCouncil represented by all of Hubbell’s®innovation are satisfying theneeds of customers in thebusinesses. The latter is playing a key rolein the effort to capture greater internal®Company’s end markets ofefficiencies and improved customer serviceelectrical equipment andbenefits of electronic data interchangepower systems.(EDI), vendor managed inventory (VMI)The fact that Hubbell offers multipleand other e-initiatives for all of the®brands is a competitive advantage that theCompany’s businesses.Company has sought to build upon, asIn addition, Hubbell continues to®each brand has a strong identity with itsbe selective in its choice of distributiondistributors and end user customers. Mostpartners while reaching out to cementhave come into the Company foldrelationships with premier distributionthrough acquisitions – some recently,organizations – all based on theothers decades ago. Not only is Hubbell aphilosophy that having the best channelcompany of multiple brands, its productpartners is reflective of the quality of thebreadth means that there is a brand and aCompany’s brands.product that customers in a wide range ofBy enhancing synergies across itsindustries have come to rely upon.brands, Hubbell is capitalizing on coreThe brand strategy that supports thisstrengths in distribution and customerbroad market presence is straightforward:relationships while creating a clearermaintain and enhance a solid valueperception of “one Hubbell”.proposition based on quality, consistencyand reliability at a competitive price inUNDER THE HUBBELLBANNER ARE MULTIPLEBRANDS THAT ARE WELLRECOGNIZED ANDHIGHLY VALUED BYDISTRIBUTION CUSTOMERSAND END USERS FORQUALITY, INNOVATIONAND PERFORMANCE.every served market, with the Hubbellname as the overarching franchise.From this core strategy, Hubbell hasdeveloped a marketing and sales strategybuilt on a series of coordinated initiativesthat drive each other to capture synergies7
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: POSITIONED FOR TODAYby consistently
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 and 26: The Company’s annual report on Fo
Page 27 and 28: Commercial/Institutional and Indust
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 63 and 64:
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Foreign Currency TranslationThe ass
Page 67 and 68:
measurement attribute for the finan
Page 69 and 70:
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Note 12 — DebtHUBBELL INCORPORATE
Page 83 and 84:
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Note 17 — Capital StockHUBBELL IN
Page 89 and 90:
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computation of earnings per dilutiv
Page 95 and 96:
Industry Segment DataHUBBELL INCORP
Page 97 and 98:
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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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