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Tag: Baldor

ABB sees regulatory-driven motor sales gains amid Baldor deal

December 8, 2010 Concrete News

ABB’s planned $4.2 billion acquisition of Baldor Electric will coincide with projected 10-15 percent sales gains in high-efficiency motors—the latter company’s core product. The 2011 sales boost stems from federal regulations, effective this month, setting new energy efficiency standards for such equipment sold in the U.S.

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Concrete CurrentsABB, Baldor, motor sales, regulatory-driven

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