Nov. 15, 2005: A.O. Smith To Acquire Chinese Motor Manufacturer
MILWAUKEE - A.O. Smith Corp. has reached a definitive agreement to acquire Yueyang Zhongmin Special Electrical Machinery Co. Ltd., a manufacturer of hermetic motors located in Yueyang City, Hunan Province, China.
The purchase remains subject to final government approval, and the two companies expect to close the transaction by the end of November.