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In 2011, Baldor was acquired by ABB Ltd of Switzerland in an all-cash deal of US$4.2 billion ($1.1 billion debt included). The company continued to operate as Baldor Electric Company A Member of the ABB Group. On March 1, 2018, Baldor Electric Company's name was dissolved into the ABB brand, becoming ABB across all of its locations.
In July 2020, ABB divested its power grid business and sold 80.1% of that to Hitachi Ltd., leading to the formation of Hitachi ABB Power Grids. [1] In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy. In December 2022, it was confirmed that Hitachi acquired the remaining 19.9 percent shares from ABB Ltd. [2]
Spotsylvania County is a county in the Commonwealth of Virginia. It is a distant suburb approximately 60 miles (90km) south of D.C. It is a part of the Northern Virginia region and the D.C. area. As of 2024, Spotsylvania County is the 14th most populated county in Virginia with 149,588 residents. [7] Its county seat is Spotsylvania Courthouse. [8]
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ZIP Codes: 22405, 22406, 22134, 22554, 22556 ... and Spotsylvania County to the south. Due to its location and proximity to Washington D.C. many Federal Government ...