For sale: mechanical, motor businesses

Rockwell Automation Inc. put the "for sale" sign on its Dodge mechanical and Reliance Electric motors and motor repair services businesses. These producers of power transmission products and motors are part of the company's Power Systems segment. Rockwell says it will retain the Reliance Electric and Reliance-branded drives and related parts and services within its global drives and customer se...

08/01/2006


Rockwell Automation Inc. put the "for sale" sign on its Dodge mechanical and Reliance Electric motors and motor repair services businesses. These producers of power transmission products and motors are part of the company's Power Systems segment. Rockwell says it will retain the Reliance Electric and Reliance-branded drives and related parts and services within its global drives and customer service businesses.

Dodge and Reliance Electric, account for essentially all the revenue generated by Power Systems. For fiscal year 2006, the segment is forecast to generate about $1 billion in revenue and segment operating margins of around 15%.

The company does not expect to change its priorities for cash deployment, but says the sale will augment its focus on power, integrated control, and information solutions. In December 1994, Control Engineering reported that Rockwell purchased Reliance Electric for $1.6 billion. www.rockwellautomation.com





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Controller programming; Safety networks; Enclosure design; Power quality; Safety integrity levels; Increasing process efficiency
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me