Kinetek Acquires Custom Motor Manufacturer, Howell Electric
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Deerfield, IL, April 30, 2007
Kinetek, a global leader in the design and manufacture of motors and controls for a variety of industrial and commercial applications, has announced the acquisition of Howell Electric Motors, a leading producer of AC motors and gear motors for the commercial floor care and restaurant kitchen equipment industries.
In announcing the acquisition, Kinetek CEO, Randy Bays, noted that the highly regarded Howell product line will improve Kinetek's already market leading positions in commercial floor care and restaurant kitchen equipment. "Over the past two decades Kinetek has built a $400 million global manufacturing enterprise by acquiring and growing quality brands like Imperial Electric, Euclid Universal, and Scott DC Power Products. The addition of Howell Electric will further strengthen our company, improve Howell's competitive position, and benefit our customers. I am very excited about the future."
Kinetek formally acquired the assets of Plainfield, New Jersey-based, Howell Electric on March 31 of this year. Founded in 1934, Howell produces custom designed commercial convection fan motors, pump motors and specialty motors primarily for original equipment manufacturers.
Kinetek provides its global customer base with customized solutions for their motor and motion control system needs. Kinetek's comprehensive range of product lines includes AC and DC electric motors (sub-fractional, fractional and integral), electronic controls, motion control products, gearboxes, gears, transaxles and related systems solutions.
About Kinetek
Kinetek companies operate 24 facilities in North America, Europe and Asia and hold market leading positions in the elevator/escalator, commercial floor care, material handling, golf and utility vehicle and appliance/vending market segments. Kinetek companies include Imperial Electric Company (Akron, Ohio), Advanced Motors and Drives (Syracuse, New York), Kinetek De Sheng/KDS (Guandong Province, China), Scott DC Power Products (Alamogordo, New Mexico), Euclid Universal (Solon, Ohio), FIR Group (Casalmaggiore, Italy), Kinetek Controls (Perry, Ohio), Merkle-Korff Industries (Des Plaines, Illinois) and Motion Control Engineering (Rancho Cordova, CA). Learn more about Kinetek by visiting www.kinetekinc.com
Contact:
Randy Bays
317-471-1094
baysr@imperialelectric.com
