We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Policy.
ABB recently announced it has completed its acquisition of the Siemens low voltage NEMA motor business. The transaction was originally announced August 11, 2022, and financial terms of the transaction were not disclosed. The business employs around 600 people and generated revenues of approximately $63 million in 2021.
PTE will feature a variety of new component technologies online for bearings, motors, couplings, brakes, gear drives, and motion control systems leading up to Hannover Messe 2023 in Germany. First up is a preview of some motor suppliers to check out if you're planning on attending the event online or in-person in April.