Transactions are part of company’s strategic repositioning
August 5, 2016
Emerson announced an agreement to sell Network Power to Platinum Equity and a group of co-investors. The transaction is valued at $4 billion. Emerson also announced it has agreed to sell its Leroy-Somer and Control Techniques business units to Nidec Corp. This transaction is valued at $1.2 billion.
DOE verified demos show energy savings of up to 80%
July 4, 2016
Through a the U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) grant, Kansas City, Missouri-based QM Power recently commercialized a high-efficiency motor for commercial refrigerators that has the potential to transform the market.
The motor’s design uses permanent magnets in a synchronous motor topology with a controller that quickly gets the motor to its targeted speed and then efficiently shifts the motor to AC power (50 or 60 Hz) supplied directly from the grid.
Fractional horsepower permanent split capacitor (PSC) fan motors are one of the most popular single-phase motors used in our industry, and then they fail, technicians must be able to troubleshoot and replace them.
Triples square footage to accommodate company’s growth
March 31, 2016
QM Power, maker of a new high-efficiency motor technology, announced it has moved its headquarters from Lee’s Summit to Kansas City, Missouri, to accommodate the company’s growth. QM Power’s new headquarters is more than triple the square footage of the company’s previous office space.
The ac variable frequency drive segment accounted for over 70 percent value share of the market
March 30, 2016
The global variable frequency drive (VFD) market is expected to increase at a 7.2 percent compound annual growth rate (CAGR) in terms of value during 2016 to 2026, according to a report from Future Market Insights (FMI). Volume-wise, FMI estimates the VFD market to expand at an 8.5 percent CAGR.
Company said its next-generation VFD is expected to raise the bar for performance and system reliability
March 29, 2016
Ideal Power Inc., a developer of power conversion technologies, announced it has successfully tested and demonstrated a new variable frequency drive (VFD) based on its patented Power Packet Switching Architecture™ (PPSA).