Yaskawa Acquires Magnetek Drives
WAUKEGAN, IL — Yaskawa Electric America Inc. (YEA) has assumed ownership and operation of the Magnetek drive products business unit in New Berlin, WI. The unit, which sells, modifies, and services general purpose and high performance ac drives, was formerly a part of the Drives and Systems Group of Magnetek Inc.
Magnetek retains the industrial controls business unit of the Drives and Systems Group.
Pursuant to this acquisition, YEA will acquire certain Magnetek facilities in New Berlin, WI, as well as branch and service offices in Los Angeles, CA; Detroit, MI; and Cincinnati, OH.
Publication date: 02/12/2001
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