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Baldor Electric was founded in 1920 by Edwin Ballman and Emil Doerr. The name of the company was derived using part of each of their names. In 1967 the Company's headquarters were moved from St. Louis, Missouri to Fort Smith, Arkansas. In 2007, Baldor Electric acquired the Dodge and Reliance Electric brands from Rockwell Automation for $1.8 ...
ABB Group [6] is a Swedish-Swiss [7] [8] [9] multinational electrical engineering corporation. Incorporated in Switzerland as ABB Ltd., and headquartered in Zurich, [1] it is dual-listed on the SIX Swiss Exchange in Zurich and the Nasdaq Nordic exchange in Stockholm, Sweden, in addition to OTC Markets Group's pink sheets in the United States. [10]
IGS Energy, also known as Interstate Gas Supply, Inc., is an independent retail natural gas and electric supplier based in Dublin, Ohio, United States.It serves more than 1,000,000 residential, commercial and industrial customers in the states of Ohio, Michigan, Kentucky, New York, Pennsylvania, Indiana, Virginia, Maryland, Texas, California, Illinois and Massachusetts.
The company re-centered its operations on the distribution of electrical equipment. In 1988, it had sold most of its professional electronics distribution interests and in 1994 it separated from its subsidiary GDFI, France's largest distributor of industrial supplies. [5] The group's subsidiaries gradually adopted the Rexel brand identity abroad.
*Electrical Distribution is estimated to be a $72 billion industry. . Total number of locations of NAED Members: 4,263; Total number of employees in NAED member companies: about 75,000 distributor employees; Average NAED member’s sales volume: $78,816,300; Median NAED member’s sales volume: $13,226,865; 40.4% of NAED members have a sales volume under $10 million; Source: NAED database ...
In 2017, Vertiv sold its ASCO power switch business to Schneider Electric for $1.25 billion. [14] The company made three acquisitions in 2018: Energy Labs, Geist and MEMS. Through a merger with a Goldman Sachs -led special purpose acquisition company , GS Acquisition Holdings, Vertiv became publicly traded on the New York Stock Exchange (NYSE ...