ABB completes acquisition of Siemens low voltage NEMA ...

ABB has completed its acquisition of the Siemens low voltage NEMA motor business. The transaction was originally announced August 11, , and financial terms of the transaction were not disclosed. The business employs around 600 people and generated revenues of approximately $63 million in .

Click here to get more.

The acquisition of this business is part of the Motion business area&#;s profitable growth strategy. It strengthens ABB&#;s position as a leading industrial NEMA motor manufacturer, and it provides an even stronger platform from which ABB can better serve its global customers.

ABB has completed its acquisition of the Siemens low voltage NEMA motor business

The line of horizontal and vertical induction severe duty and general purpose motors will be re-branded as ABB and reintroduced to the market during second quarter of .

Link to ABB

The global NEMA motor industry, roughly $2.7 billion in size, comprises industrial electric motors primarily used within North America. NEMA motors are essential components used to run equipment in industries such as food and beverage, oil and gas, mining & aggregate, and water & wastewater and in applications like those which move air, liquids, and units.

The data provided will be treated by iAgua Conocimiento, SL for the purpose of sending emails with updated information and occasionally on products and / or services of interest. For this we need you to check the following box to grant your consent. Remember that at any time you can exercise your rights of access, rectification and elimination of this data. You can consult all the additional and detailed information about Data Protection.

Baldor Electric Company marketed, designed, and manufactured Baldor-Reliance® industrial electric NEMA motors and Dodge® mechanical power transmission products.  A US-based company, Baldor was the global leader in NEMA motors and a US leader in mounted bearings and enclosed gearing.  Their products were sold to original equipment manufacturers as well as distributors, and their efficient and robust designs were well-suited to applications such as pumping, air handling and unit handling across a variety of rugged and critical industries such as mining, aggregate, food and beverage, water/wastewater, and general manufacturing.

Want more information on Buy Abb Motors? Feel free to contact us.