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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
Zero-Max did it again – three entirely new Extra-Duty Overhung Load Adaptor (OHLA) models. Based on decades of experience solving overhung load issues in the most demanding applications, the new designs feature a number of carefully chosen upgrades including spherical bearings, enhanced sealing technology, stronger shafts and a longer profile delivering increased operating life, heavy load capacities, and higher speed ratings.
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.
AD Bearings & Power Transmission welcomed over 140 member and supplier partner attendees to its annual Network Meeting from August 23-25 in Frisco, Texas. The meeting brought the division’s members and suppliers together to discuss industry trends, celebrate a year of growth and collaboration, and learn about important divisional updates.
Attendees and exhibitors from across the globe are getting ready to make their way to CONEXPO-CON/AGG and the International Fluid Power Exposition (IFPE) next March, after government and corporate travel restrictions have either been reduced or eliminated since the 2020 show.
Sulzer recently attended the Rio Oil & Gas Expo 2022, where visitors discovered its pumps, 24/7 rotating equipment services and chemical separation technologies. Attendees met with Sulzer experts to see how these solutions can maximize process uptime.