Rival is buying Baldor Electric
CEO: Fort Smith jobs staying
Swiss competitor ABB Ltd. is buying electric-motor manufacturer Baldor Electric Co. in a $4.2 billion deal, the Arkansas company announced Tuesday.
December 1, 2010November 30, 2010
ABB CEO talks about the company's purchase of Fort Smith-based Baldor in this video released by ABB.
Stories this video appears in:
VIDEO: Swiss ABB paying $4.2 billion for Fort Smith company
Swiss-based industrial robot maker ABB Ltd. says it is expanding its North American operations by acquiring Fort Smith-based electric-motor manufacturer Baldor…
- By Staff and wire reports
