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The generator-set business was part of the acquisition of Baldor Electric by ABB in 2011. The divestiture is expected to be a win-win situation for both ABB’s Baldor Electric and Generac.
ABB will deliver an integrated scope of solutions with permanent magnet shaft generators at its core for twelve 210,000 dwt bulk carriers owned by the Bermuda-based shipping company.
ABB’s permanent magnet shaft generator system will help the COSCO vessels achieve required efficiency levels as well as CII ratings which verify reduced GHG emissions," ABB said.
The generator-set business was part of the acquisition of Baldor Electric by ABB in 2011. The divestiture is expected to be a win-win situation for both ABB's Baldor Electric and Generac.
“Offering the ABB motors and generators through the Baldor electrical sales force will better serve our customers in the U.S., Canada and Mexico, making it easy to order the motor you need, no ...
ABB bought Baldor in 2011 for $3.1 billion. The generator-set business makes up roughly 3 percent of Baldor's total sales. The terms of the transaction were not disclosed.
ABB states that it is divesting Baldor Generators, not only because of limited synergies with its portfolio, but also because Generac is better placed to create additional value for the business.
ABB announced Monday it has signed an agreement to sell all assets of Baldor Electric’s generator-set business in Oshkosh, Wis., to Generac Holdings Inc., a leading producer of generators and other ...
Bangalore: Swedish power and automation equipment maker ABB has inaugurated its fourth global wind power generator factory in Vadodara, to supply wind power generators, used in wind turbines, for ...
Following a recent investment and transfer of knowledge and skills, ABB South Africa’s motor and generator factory, in Alrode, near Johannesburg, is now fully compliant with the Department of Trade, ...
ABB bought Baldor in 2011 for $3.1 billion. The generator-set business makes up roughly 3 percent of Baldor’s total sales. The terms of the transaction were not disclosed. The sale is ...
ABB to sell Baldor generator business to Generac By Reuters October 7, 201311:15 PM PDTUpdated October 7, 2013 ...