Thomas & Betts Corporation (Thomas & Betts) is engaged in the design, manufacture and marketing of components used to manage the connection, distribution, transmission of electrical power in industrial, construction and utility applications. The Company is also a producer of commercial heating and ventilation units used in commercial and industrial buildings and highly engineered steel structures used for utility transmission. The Company operates in three segments: Electrical, Steel Structures, and Heating, Ventilation and Air-Conditioning (HVAC). It has operations in over 20 countries. Manufacturing, marketing and sales activities are concentrated primarily in North America and Europe. In July 2011, the Company acquired AmbiRad Group (AmbiRad), which is a manufacturer of specialized commercial and industrial heating and ventilation products. In May 2012, ABB Ltd acquired the Company.