Generator powerhouse Generac Holdings Inc., Waukesha, Wis., said it signed a purchase agreement with Baldor Electric Co., a wholly-owned subsidiary of ABB Group, to acquire substantially all of the assets of Baldor’s generator products division, located in Oshkosh, Wis. The acquisition is expected to close in the fourth quarter of 2013, pending standard closing conditions. Generac declined to disclose terms.
Baldor Generators produces a complete lineup of portable, mobile, stand
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