FARMINGTON HILLS, Mich. and YORK, S.C., April 11, 2002 — DTE Energy Technologies Inc., a subsidiary of DTE Energy Co., and Certified Electrical Distributors Inc. (CED), a distribution company that provides electrical generators and services, and an integrator of distributed generation solutions, announced the signing of an agreement whereby DTE Energy Technologies would purchase substantially all of CED’s assets, including its line of business involving National Generator Service LLC (NGS).
CED generation systems range in size from 5 to 2,000 kilowatts and include portable, home stand-by, mobile, commercial and industrial generators fueled by diesel, gasoline, LP and natural gas. CED’s service support is provided by NGS, which addresses customers’ needs for support services through an array of service capabilities including installation and maintenance. CED has offices in Virginia, North Carolina, South Carolina and Florida.
“As a leader in distributed generation, DTE Energy Technologies will use CED’s sales and service network to expand its operations to the Southeastern part of the U.S.,” said G. Paul Horst, president of DTE Energy Technologies. “CED’s sales in this part of the country, coupled with its telecommunications strength, enables us to further fulfill our goal of extending sales and service reach throughout North America.”
Eric Gozur, CED president, added: “CED is pleased to integrate its sales and service business into a larger entity that has the vision, desire and resources to grow nationwide and worldwide.”
DTE Energy Technologies is a diversified high-technology company offering a broad range of distributed generation products and services to solve the energy-related challenges of commercial, residential and industrial customers. Among these are energy|now power systems that provide both continuous and standby power. For more information on DTE Energy Technologies, visit its website, http://www.dtetech.com .
DTE Energy Technologies’ parent company, DTE Energy, is a $19 billion (assets) diversified energy company involved in the development and management of energy-related businesses and services nationwide. More information can be obtained at DTE Energy’s Website, http://www.dteenergy.com .
CED and ERG Resources Co. are involved in the manufacturing, distribution and services in the power and telecommunications industries. Founded in 1984 as Certified Electrical Distributors by Gozur, ERG Resources has built its organization by diversifying sales, service and manufacturing into distinct, but cohesive business units. More information about ERG Resources can be found at http://ergresources.com .