What is the company's 2022 outlook for operating income 
s and targeted investments in the second half.
When we spoke to you all at investor day in early June, we outlined three key areas where we are looking to invest over the next three to five years. Footprint optimization and restructuring to drive a more efficient manufacturing and distribution network, primarily across our electrical solutions segment as we continue our HES journey as a unified operating segment. Second, targeted capacity expansion in markets with visible growth trajectories and strong Hubbell positions, primarily in certain power T&D and communication product lines where capacity is tight and customers have critical needs for our products. And finally, innovation to accelerate organic growth with an emphasis to capitalize on attractive megatrends and key strategic growth verticals through new products, solutions and go-to-market strategies.
While we recognize that the near-term macroeconomic environment is uncertain, we believe that now is an opportune time to accelerate some of these previously planned investments from a position of strength to set the company up for sustained performance over the long term. We expect these initiatives to drive future productivity and cost savings while enabling us to better serve the critical infrastructure needs of our customers with differentiated solutions in front and behind the meter. To summarize this morning's call, Hubbell is off to a strong start through the first half of 2022. We have leading positions in attractive markets with long-term growth drivers and we are executing effectively in the areas within our control.
We are confident in delivering on our raised 2022 outlook and in driving differentiated results to our shareholders over the long term. With that, let me turn it over to Q&A.
Questions & Answers:
Operator
[Operator instructions] And our first question comes from the line of Jeff Sprague from Vertical Research Partners. Your question, please.
Jeff Sprague -- Vertical Research Partners -- Analyst
Hey. Thank you. Good morning, everyone. 
Gerben Bakker -- Chairman, President, and Chief Executive Officer
Good morning, Jeff.
Bill Sperry -- Executive Vice President and Chief Financial Officer
Good morning, Jeff.
Jeff Sprague -- Vertical Research Partners -- Analyst
Hey. Good morning. So a couple of things from me. Maybe just first on PCX.
I'd obviously understand the organic growth in that sector, but a little surprised you're buying an integrator, right? So you're basically buying now electrical components from other providers and packaging them, right? So maybe just explain -- unless I'm wrong here, just maybe explain how you kind of advantage that and how that's kind of a sustainable strong business for you?
Bill Sperry -- Executive Vice President and Chief Financial Officer
Yeah, I think it starts with they do manufacture a number of the products that goes in. But you're right, there is an awful lot of sourcing. But the design elements of it, Jeff, that is done in very close concert with the owner operator of the data center is a very sticky process and one that we think really enables the margin to be earned. And so it is a little different in that there is quite a bit of purchase for resale content in the end product.
But I think the way -- the nature of the interaction with the customer is quite intimate and design intensive and that's very appealing to us.
Jeff Sprague -- Vertical Research Partners -- Analyst
OK. And just on price here now, on price cost, I mean, the pricing execution in the quarter is obviously phenomenal. I mean, maybe just address a little bit how these discussions are going now with customers, what you think might happen as we move forward? Obviously, there's a been a pretty significant rollover on kind of steel, copper and -- in most industrial metals. So maybe just a little color on how you expect things to play out in the back half and in next year and if we're seeing any pushback now on pricing?
Gerben Bakker -- Chairman, President, and Chief Executive Officer
Yeah, Jeff, maybe I'll start with some comments and I'm sur
s and targeted investments in the second half.
When we spoke to you all at investor day in early June, we outlined three key areas where we are looking to invest over the next three to five years. Footprint optimization and restructuring to drive a more efficient manufacturing and distribution network, primarily across our electrical solutions segment as we continue our HES journey as a unified operating segment. Second, targeted capacity expansion in markets with visible growth trajectories and strong Hubbell positions, primarily in certain power T&D and communication product lines where capacity is tight and customers have critical needs for our products. And finally, innovation to accelerate organic growth with an emphasis to capitalize on attractive megatrends and key strategic growth verticals through new products, solutions and go-to-market strategies.
While we recognize that the near-term macroeconomic environment is uncertain, we believe that now is an opportune time to accelerate some of these previously planned investments from a position of strength to set the company up for sustained performance over the long term. We expect these initiatives to drive future productivity and cost savings while enabling us to better serve the critical infrastructure needs of our customers with differentiated solutions in front and behind the meter. To summarize this morning's call, Hubbell is off to a strong start through the first half of 2022. We have leading positions in attractive markets with long-term growth drivers and we are executing effectively in the areas within our control.
We are confident in delivering on our raised 2022 outlook and in driving differentiated results to our shareholders over the long term. With that, let me turn it over to Q&A.
Questions & Answers:
Operator
[Operator instructions] And our first question comes from the line of Jeff Sprague from Vertical Research Partners. Your question, please.
Jeff Sprague -- Vertical Research Partners -- Analyst
Hey. Thank you. Good morning, everyone. 
Gerben Bakker -- Chairman, President, and Chief Executive Officer
Good morning, Jeff.
Bill Sperry -- Executive Vice President and Chief Financial Officer
Good morning, Jeff.
Jeff Sprague -- Vertical Research Partners -- Analyst
Hey. Good morning. So a couple of things from me. Maybe just first on PCX.
I'd obviously understand the organic growth in that sector, but a little surprised you're buying an integrator, right? So you're basically buying now electrical components from other providers and packaging them, right? So maybe just explain -- unless I'm wrong here, just maybe explain how you kind of advantage that and how that's kind of a sustainable strong business for you?
 Bill Sperry -- Executive Vice President and Chief Financial Officer
Yeah, I think it starts with they do manufacture a number of the products that goes in. But you're right, there is an awful lot of sourcing. But the design elements of it, Jeff, that is done in very close concert with the owner operator of the data center is a very sticky process and one that we think really enables the margin to be earned. And so it is a little different in that there is quite a bit of purchase for resale content in the end product.
But I think the way -- the nature of the interaction with the customer is quite intimate and design intensive and that's very appealing to us.
Jeff Sprague -- Vertical Research Partners -- Analyst
OK. And just on price here now, on price cost, I mean, the pricing execution in the quarter is obviously phenomenal. I mean, maybe just address a little bit how these discussions are going now with customers, what you think might happen as we move forward? Obviously, there's a been a pretty significant rollover on kind of steel, copper and -- in most industrial metals. So maybe just a little color on how you expect things to play out in the back half and in next year and if we're seeing any pushback now on pricing?
Gerben Bakker -- Chairman, President, and Chief Executive Officer
Yeah, Jeff, maybe I'll start with some comments and I'm sur