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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.
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]
Strömberg was acquired by Swedish ASEA in 1987, then later in 1988 when ASEA merged with Brown, Boveri & Cie to form ABB, the company became a division of ABB and hence known as ABB Strömberg. In the later 1990s, the company name was changed from ABB Strömberg Oy into ABB Oy and a more integral part of ABB.
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Eaton's automotive segment produces products such as superchargers, engine valves, valve train components, cylinder heads, locking and limited-slip differentials, heavy-duty drive-line components, fuel, emissions, and safety controls, transmission and engine controls, spoilers, exterior moldings, plastic components, and fluid connectors.
Allen-Bradley is the brand-name of a line of factory automation equipment owned by Rockwell Automation.The company, with revenues of approximately US $6.4 billion in 2013, manufactures programmable logic controllers (), human-machine interfaces, sensors, safety components and systems, software, drives and drive systems, contactors, motor control centers, and systems of such products.
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