Electrical contractor IESC sells manufacturing biz to Siemens

Earlier this week Integrated Electrical Services Inc. (IESC), Houston, signed a definitive agreement to sell Tesla Power & Automation, its light manufacturing facility, to Siemens Energy Inc. (SI). Located in Houston, Tesal Power & Automation builds power distribution centers, motor control rooms, instrumentation enclosures and analyzer houses. The transaction is expected to be completed by year-end 2010.

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