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Siemens Motor Plant 1025 62f51108007f5

ABB to Acquire Siemens Low-Voltage NEMA Motor Business

Aug. 11, 2022

ABB is purchasing Siemens’ low-voltage NEMA motor business, which has manufacturing operations in Guadalajara, Mexico. The business employs around 600 people and generated revenues of approximately $63 million in 2021. Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2023.