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Ohio Utility Plans $250 Million of Marcellus Shale Power Transmission Upgrades

2015-01-06 14:43:43| ENR.com: Headline News

FirstEnergy's West Virginia utility expects 400MW of load growth from new gas facilities through 2019.

Emerson Sells Power Transmission Business to Regal for $1.44B

2014-12-30 21:11:52| Electronics - Topix.net

Emerson Electric has agreed to sell its Power Transmission Solutions business unit to Regal-Beloit Corp. , which owns a multitude of brands, manufacturing electrical motors and other components for commercial, residential, and industrial equipment. The transaction values Emerson's business unit at $1.44 billion.

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UPDATE 1-Emerson to sell power transmission business to Regal Beloit

2014-12-16 06:05:00| Industrial Machines - Topix.net

Emerson Electric Co said it would sell its power transmission unit to Regal Beloit Corp, a maker of electric motors, for $1.44 billion as it streamlines its business. Regal Beloit was competing with ball bearings maker Timken Co, brake and clutch maker Altra Industrial Motion and private equity firms Warburg Pincus LLC and Onex Corp for the business.

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Emerson to sell power transmission unit for $1.4 billion

2014-12-15 14:02:27| Electronics - Topix.net

Emerson has agreed to sell its Power Transmission Solutions business unit to Wisconsin-based Regal Beloit Corp. in a deal valued at $1.44 billion. Proceeds from the deal, which is expected to close in the first quarter of 2015, will be used to repurchase shares.

Tags: power sell unit transmission