Nidec Completes Acquisition of Houma Armature Works
Nidec Corporation has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a privately- owned US company (“Houma”). As a result of the transaction, Houma became a consolidated subsidiary of Nidec.
Houma is a service partner which remanufactures motors and generators and provides field service to oil and gas producers, operating out of Louisiana and Texas. The end-users they service work are on- and off-shore drilling, marine and wind renewable energy power generator manufacturers, including Kato Engineering, Leroy-Somer, and US Motors, all of which are under the Nidec umbrella. In addition to providing high quality services for various motor manufacturers, Houma has bases near the most active oil and gas extraction areas in United States and Mexico and offers speedy services to many of the largest oil and gas producers.
Nidec Motor Corporation (NMC) has endeavored to position itself as a major player in the North American generator space by not only designing and selling competitive products, but by also continuously improving its strong service offering. The acquisition of Houma is part of NMC’s strategy to be competitive in both product and aftermarket spaces to accelerate profitable growth. Through this acquisition, NMC will be able to enhance its service offering, including expanding its share within its own U.S. installed base, and Houma will be able to provide services to NMC’s customers.
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