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Cornell Dubilier acquires capacitor division from NWL
Cornell Dubilier Electronics (CDE), has via its its subsidiary, CD Snow Hill, LLC, acquired the capacitor producing assets of NWL, Inc.
Now possessing greater capabilities in custom high-voltage film capacitors for pulsed power and power conversion applications, the company is poised to expand its solutions for industrial, military, and medical customers. “NWL has long been an industry leader in the design and manufacture of high voltage AC and DC film capacitors for applications where we see opportunities for growth,” says Jim Kaplan, CEO of Cornell Dubilier, in a press release. “This acquisition greatly expands our capabilities in custom capacitors needed for high-power lasers, military propulsion systems, inverters and more.” According to Robert Seitz, President of NWL, the sale of their capacitor operations will allow NWL to focus on its other core business segments, namely transformers, electrostatic precipitators, and power supplies. Cornell Dubilier plans to assume operations at NWL’s former plant in Snow Hill, North Carolina. Employees of the Snow Hill operation, many of them highly experienced, will be employed by Cornell Dubilier. The added capabilities complement the CDE’s core strength in power capacitors across multiple dielectric technologies including aluminum electrolytic, film, mica, and supercapacitors.