Developments in magnets and magnetic materials are prominent in $17 million of awards by the U.S. Department of Energy to boost domestic production and resources of critical materials. The new funding from the DOE’s Advanced […]
ABB has begun the phased opening of a new $100 million campus in Wisconsin to increase production capacity of industrial electric drives in the U.S., its largest market. Likely, the facility and its eventual 700 […]
ABB recently launched an innovative new package, consisting of AMXE250 motor and HES580 inverter, tailored for electric buses. The new propulsion package, designed to work in harmony for a more efficient, reliable, and readily available solution for the industry, marks a significant leap forward in cleaner, more sustainable transportation options. […]
Danfoss Power Solutions, a leading global supplier of mobile and industrial hydraulics as well as electric powertrain systems, has recently appointed Mike Hill as the president of global sales. Previously senior vice president of OEM Sales, […]
ABB is working with Boliden, the Swedish mining and smelting company, to build a strategic cooperation to use low carbon footprint copper in its electromagnetic stirring equipment and high-efficiency electric motors. The aim is to reduce greenhouse gas emissions while driving the transition to a more circular economy. […]
ABB plans to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, the business unit employs around 600 people and has revenues of about $63 million. No price has been released […]
Backed by venture capital company Searchlight Capital Partners, Integrated Power Services continues to aggressively grow its network of motor service centers across North America. Now with 55 locations, 44 repair centers and 1,700 employees, it […]
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