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Thomas & Betts Corporation (Thomas & Betts) is a designer and manufacturer of electrical components used in industrial, commercial, communications and utility markets. The Company also produces highly engineered steel structures, used primarily for utility transmission and commercial heating units. It has operations in approximately 20 countries. Manufacturing, marketing and sales activities are concentrated primarily in North America and Europe. Thomas & Betts sells its products through three channels: electrical, utility, telephone, cable, and heating, ventilation and air-conditioning distributors; mass merchandisers, catalog merchandisers and home improvement centers, and directly to original equipment manufacturers, utilities and certain end-users. It classifies its products into three segments: Electrical, Steel Structures, and Heating, Ventilation and Air-Conditioning (HVAC).(Source: 10-K)