Siemens Energy & Automation Inc. has acquired the assets of Robicon Corp., headquartered in New Kensington, Pa., a suburb of Pittsburgh. The acquisition includes the stock of Robicon’s foreign subsidiaries in Shanghai, China; High Wycombe, U.K.; Sao Paulo, Brazil; and Edmonton, Alberta, Canada. Robicon’s U.S. operations employ approximately 340 people. Worldwide, Robicon employees total 470.
The purchase of Robicon’s assets will strengthen Siemens’ portfolio offerings in AC drives
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