Historical Stock Chart
5 Years : From Jul 2011 to Jul 2016
UtilX® Corporation, the global leader in
life-extension technologies for power cable, is proud to announce that
it has surpassed the two billion dollar mark. Two billion dollars is the
estimated dollar savings UtilX’ customers have achieved over the past
twenty years utilizing UtilX’ patented CableCURE®
silicone injection technology to restore their aging power cables.
UtilX’ customers comprise many of the best known and largest power
companies; three-quarters of the top 50 power utilities (based on miles
of underground cable) in the United States benefit from this technology.
In the late 1960s, electric utility companies began to bury their
cables. This practice intensified throughout the 70s and 80s. Many of
these cables are nearing the end of their useful life and are
experiencing failures. Customer demand for reliable systems is higher
than ever, requiring significant budgets to address this increasing
problem. At a substantially less cost than traditional cable
replacement, CableCURE injection technology has restored reliability to
more than 100 million feet of cable. This proven technology allows
electric utilities to improve overall cable reliability at lower cost,
and UtilX backs up its service and technology with a 20-year warranty.
UtilX, a Willbros company (NYSE:WG), offers its proprietary, patented
CableCURE injection service and other reliability and testing services
throughout the United States and serves international customers through
subsidiaries and licensees in dozens of countries on four continents.
For more information on UtilX Corporation or CableCURE injection
technology, please visit: www.utilx.com
or call 1-800-252-0556 in the United States and (+1) 253-395-0200 from
outside the U.S.