Baldor Electric

Description
Baldor Electric Company engages in the design, manufacture, and marketing of industrial electric motors, power transmission products, drives, and generators. Its motor products include AC, DC, gear, linear and servo motors; and mechanical power transmission products include mounted bearings, enclosed shaft mount, and helical and worm gearing, as well as other power transmission components including bushings, sheaves, and conveyor pulleys. Baldor also offers drives and motion control products; and generator sets, including industrial towable generators, mobile light towers, emergency and standby generators, prime power generators, and peak-shaving generators. Baldor offers its products under the brand names Baldor, Baldor*Reliance, Baldor*Dodge and Baldor*Maska. Baldor serves over 10,000 industrial customers globally, with half of sales to original equipment manufacturers and half to distributors for replacement purposes. The company's customers operate in a variety of industries including agriculture, chemical, oil and gas, food and beverage, machinery manufacturing, medical equipment, mining, paper and packaging, semiconductor manufacturing, and water supply industries. The company was founded in 1920 in St. Louis, Missouri, and has been based in Fort Smith, Arkansas since 1967. On January 27, 2011, the company was acquired by ABB Ltd of Zurich, Switzerland. ABB is a public company and trades as ABB on the New York Stock Exchange.