On Wednesday December 14, General Electric sold its US $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses.
In an investor presentation GE said, that they are estimated to raise US $4 billion from the sale of the unit as well as the previously announced sale of its water business.
The industrial solutions business has about 13,000 employees and 30 plants globally.
ABB is acquiring Advantics, a specialist provider of Silicon Carbide-based power conversion solutions based in France. The acquisition expands ABB’s Direct Current (DC) portfolio and positions the company to serve accelerating demand for efficient DC solutions across data centers, industrial microgrids, power generation and EV infrastructure. Financial terms were not disclosed. The transaction is expected… Read More…
As part of Hammond’s investment in the Western Canadian market, the company has expanded its inside sales team. Based out of its NEW Calgary office, Melanie Walker and Kevin MacEwen will serve as the first point of contact for Hammnd Manufacturing’s electrical enclosure customers in British Columbia, Alberta, and Saskatchewan. Kevin and Melanie will be looking… Read More…
April 28, 2024 This month, Lumen held their 12th edition of the Salon Lumen, the largest exhibition in Quebec’s electrical industry. The customer event was hosted over two days, commenced on April 16th in Quebec City, and ended on April 18th in Montreal. One hundred seventy-five vendors gathered within a 50,000 sq ft area to… Read More…
April 27, 2024 Retiring Windsor sales rep Scott O’Neil is still manning the counter with a smile on his last day at Western Equipment. Thank you from all of us for 23 years of dedicated service. All the best in your retirement, Scott! More information available here Read More…
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
