NVent Electric plc leases new manufacturing space in Goodyear, Arizona. Published on 10/27/2026 at 02:06 pm EDT S&P Capital IQ nVent Electric plc leased new manufacturing space in Goodyear, Arizona. The 400,000 square-foot site will expand nVent's capacity to manufacture engineered buildings, including prefabricated electrical houses (e-houses), that help customers accelerate the deployment of critical power infrastructure for power utility, data center, industrial and other infrastructure applications. This new site is expected to begin production in mid-2027 and will employ more than 200 people once fully operational. In August, the company broke ground on a 58,000-square-foot expansion at an existing facility in Southeastern Kansas, expected to create up to 60 new skilled trade positions over the next year. (C) S&P Capital IQ - 2026

nVent expands engineered buildings manufacturing capacity with new U.S. Production facility. * Oct 27, 2026 400,000-square-foot site will support growing customer demand in the infrastructure vertical, including data centers and power utilities Production anticipated to begin mid-2027, adding at least 200 new manufacturing jobs in the Phoenix metro area LONDON, Oct. 27, 2026 (GLOBE NEWSWIRE) - nVent Electric plc (NYSE:NVT), a global leader in electrical connection and protection solutions, today announced the lease of new manufacturing space in Goodyear, Ariz. The 400,000 square-foot site will expand nVent's capacity to manufacture engineered buildings, including prefabricated electrical houses (e-houses), that help customers accelerate the deployment of critical power infrastructure for power utility, data center, industrial and other infrastructure applications. This new site is expected to begin production in mid-2027 and will employ more than 200 people once fully operational. "Demand for our engineered building products continues to grow as customers invest in grid modernization, power reliability and other critical infrastructure projects," said Sara Zawoyski, President, nVent Systems Protection. "This new facility expands our ability to serve customers with the speed, scale and technical expertise needed to support increasingly complex projects that require faster deployment and execution." This is the latest expansion to support growth in demand for nVent engineered building products this year. In August, the company broke ground on a 58,000-square-foot expansion at an existing facility in Southeastern Kansas, expected to create up to 60 new skilled trade positions over the next year. About nVent nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nVent.com. This press release contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward looking statements. Without limitation, any statements preceded or followed by or that include the words "targets," "plans," "believes," "expects," "intends," "will," "likely," "may," "anticipates," "estimates," "projects," "forecasts," "should," "would," "could," "positioned," "strategy," "future," "are confident," or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. All projections in this press release are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions, including the Maverick Power acquisition; competition and pricing pressures in the markets we serve; the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses; risks associated with or arising from military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release. Investor Contact Tony Riter Vice President, Investor Relations 763.204.7750 Media Contact Kevin H. King Vice President, Global Communications 763.291.0526 Media gallery

nVent Electric PLC (NVT) to go ex-dividend on October 23rd. nVent Electric PLC (NYSE:NVT - Get Free Report) declared a quarterly dividend on Monday, September 21st. Investors of record on Friday, October 23rd will be paid a dividend of $0.21 per share on Friday, November 6th. This represents a $0.84 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, October 23rd. nVent Electric has a dividend payout ratio of 24.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect nVent Electric to earn $6.35 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 13.2%. nVent Electric stock down 1.3%. NYSE:NVT opened at $139.70 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.80 and a debt-to-equity ratio of 0.37. nVent Electric has a 12-month low of $93.22 and a 12-month high of $184.64. The firm has a market capitalization of $22.61 billion, a P/E ratio of 38.17, a P/E/G ratio of 0.77 and a beta of 1.35. The stock's fifty day simple moving average is $158.00 and its 200-day simple moving average is $156.84. nVent Electric (NYSE:NVT - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.29. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%. The business had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.26 billion. During the same quarter in the previous year, the business posted $0.86 EPS. nVent Electric's revenue for the quarter was up 52.8% on a year-over-year basis. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. Equities research analysts expect that nVent Electric will post 5.13 earnings per share for the current year. nVent Electric company profile. nVent Electric plc is a global provider of electrical connection, protection and management solutions. The company designs and manufactures products that help protect electrical and electronic systems, manage heat, and support the installation and operation of critical infrastructure. Its products include electrical and electronic enclosures, industrial cooling and thermal-management systems, cable management and fastening solutions, grounding and bonding equipment, busway and power-distribution products, and related connection technologies. Receive News & Ratings for nVent Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for nVent Electric and related companies with MarketBeat.com's FREE daily email newsletter.