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Nidec, a manufacturing company based in Japan, bought Lexington's Leroy-Somer facility earlier this year.
The founder and CEO of Nidec has visited Control Techniques and Leroy-Somer to outline his vision for the future of the businesses.
Emerson Electric's <EMR.R> alternator business Leroy-Somer is expected to attract firm offers from two Chinese companies and a buyout group in a potential 1 billion euro ($1.1 bln) deal ...
Nidec Corporation completed the acquisition of Leroy-Somer and Control Techniques, Emerson Electric’s motors, drives, and electric power generation businesses.
Leroy-Somer, headquartered in France, was acquired by Emerson in 1990. Control Techniques has been an Emerson business since 1995, and is based in the United Kingdom.
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