NORD is pleased to announce new features to the myNORD online customer portal, including additional motor connectivity options, configurable CLINCHER.1 parallel shaft gear units, and updates to the user interface to make the tool even easier to use
ABB recently announced it has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team. The business employs around 600 people and generated revenues of approximately $63 million in 2021. Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2023.