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Regal Rexnord Corporation has reached a definitive agreement with Altra Industrial Motion Corp. providing for Regal Rexnord to acquire 100% of Altra shares.
Altra is a global designer and manufacturer of a wide range of highly engineered motion control, automation, and power transmission solutions. The transaction expands Regal Rexnord's portfolio, customer reach, and product diversity while enabling the creation of shareholder value through enhanced growth and substantial cost synergies.
The top three suppliers of low voltage AC motors made waves in the motor and drives space with a string of acquisition announcements in August. First, WEG announced its acquisition of Gefran’s motion control business. Then, on August 11th, ABB announced its acquisition of Siemens’ NEMA motor business. Both developments are significant within the motor and drives market and serve to highlight portions of each company’s industrial automation strategy. In this insight, we’ll unpack both of these acquisitions and explain their implications on the broader motor and drives markets.
In the first quarter of 2022, the WEG High Voltage Service team (HVService) based at WEG Portugal facilities, successfully completed the commissioning of two Medium Voltage Variable Frequency Drives system for low pressure (LP) centrifugal fuel gas compressors at a FPSO (Floating Production Storage and Offloading) vessel at the Gulf of Mexico
Magnetic Sensor Systems (MSS) has released their S-20-100X model of Pull Type Tubular Solenoids. Their S-20-100X series of solenoids features 18 different solenoids to select from based on the voltage, duty cycle, force and stroke requirement of the user.
Visit ABB at Booth 6438 at WEFTEC 2022 in New Orleans, October 10-12 to meet experts, and view innovative and efficient solutions designed to help the water/wastewater industry keep its operations flowing.
ABB Ability Smart Sensor now available for industrial motors and general machinery including pumps and fans
September 30, 2022
ABB is now enabling customers to remotely monitor the health and performance of general machinery with the ABB Ability Smart Sensor, a key element of the ABB Ability Digital Powertrain.
Twin Disc, Inc. has announced the lease of an office space in Milwaukee, WI. The 8,100 square foot space on the fourth floor of an office building located on Erie Street in Milwaukee’s Historic Third Ward will accommodate approximately 25 employees. The Company expects to relocate its corporate team to the new location in early 2023.
When it comes to airport technology and baggage handling systems, efficiency, reliability, and intelligent automation is critical. NORD DRIVESYSTEMS meets these demands with solutions engineered with high flexibility, modular functionality, and convenient operation to effectively power systems and maintain availability. Their new IE5+ product portfolio delivers some of the highest efficiencies on the market for a cost effective, IIoT solution.
Bosch Rexroth will expand its presence in North America: A new plant is being built in Queretaro, Mexico. Bosch Rexroth has been successfully operating in Mexico for 40 years. In Queretaro, local production capacities for the manufacture of products and components for mobile applications as well as for factory automation will be increased from summer 2023, and there is space for further growth. Bosch Rexroth will invest some 160 million euros in the new site. The aim is to strengthen local production for the North American market and thus be able to serve customers even better and more efficiently in the future.
OES (Optimal Engineering Systems, Inc.) has released four all new Three-axis Azimuth, Angular Elevation, and Roll Gimbal Mounts. These new high precision and high stability AU270-AER Gimbal Mounts locate the surface of the Roll Stage 115 mm below the center line of rotation allowing for the positioning of: Cameras, optics, lasers and instrumentation for scanning, tracking, positioning, pointing, and other applications on their respective centerlines.