September 4, 2008 - Modern Distribution Management

Log In

September 4, 2008

Baldor Electric Buys Poulies Maska

Baldor Electric Company, Fort Smith, AR, a manufacturer of industrial electric motors, power transmission products, drives and generators, has acquired Poulies Maska, Inc., Ste-Claire, Quebec.
Maska, a manufacturer of sheaves, bushings, couplings and related mechanical power transmission components, will increase Baldor's presence in the power transmission market with its complementary products, said John McFarland, CEO of Baldor. Additionally, the acquisition provides Baldor with a second plant in China to support international ...

Baldor Electric Buys Poulies Maska Read More »

Parker Hannifin Buys German Manufacturer

Parker Hannifin Corp., Cleveland, OH, a manufacturer of motion and control technologies, has acquired Lingk &Sturzebecher of Stuhr, Germany, a manufacturer of light weight carbon fiber high pressure cylinders and actuators including those based on composite technologies, for aerospace, mobile and industrial markets.

This composite material technology will enable Parker to develop hydraulic components with significantly reduced energy burden for the power systems of machines equipped with hydraulics.
Terms of the transaction were not disclosed. In the fiscal year ended Dec. 31, 2007, L&S achieved 7.6 million euros (approximately US$11.2 million) in sales.
L&S will become part of the global operations of Parker's hydraulic technology business. It will ...

Parker Hannifin Buys German Manufacturer Read More »

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!