Emerson Electric, St. Louis, has agreed to sell its commercial and industrial motors unit and its appliance motors and controls businesses to Nidec Corp., Kyoto, Japan, a manufacturer of small motors looking to expand its offerings in larger motor classes and establish a beachhead in the North American market. The operations, management, employees and production facilities will stay in St. Louis on Emerson Electric’s campus.
Combined, Emerson Commercial and Industrial Motors and Emers
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