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WorldWide Electric acquires Alabama specialty motor company
WorldWide Electric acquires Alabama specialty motor company
WorldWide Electric LLC has acquired Louis Allis, a specialty motor company based outside of Birmingham, Ala. Financial details of the acquisition were not disclosed.
Worldwide Electric is a Rochester-based developer, importer and distributor of high performance industrial electric motors, gear reducers and motor controls. The company was founded in 1998 and has six distribution centers throughout the U.S.
Louis Allis has produced specialty motors for unique and demanding applications since 1901. The company’s customers are global businesses in the industrial, military and municipal markets.
Officials said both companies will continue to operate as separate entities in their respective locations.
“Louis Allis and WorldWide Electric complement each other well,” said WorldWide President and CEO James Taylor, who described the acquisition as a “significant win” for customers of both companies. “Louis Allis has a rich history of providing creative specialty motor solutions while WorldWide Electric has focused on providing readily available and high-quality motors, gear reducers and motor controls. Together, the companies will be able to meet all of our customers’ industrial motor needs.”
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