A. O. Smith acquires its fourth motor manufacturer in China
Milwaukee, WI -- Electric motor builder A. O. Smith Corp. has reached an agreement to acquire Yueyang Zhongmin Spec...
Milwaukee, WI — Electric motor builder A. O. Smith Corp. has reached an agreement to acquire Yueyang Zhongmin Special Electrical Machinery Co. Ltd., a manufacturer of hermetic motors located in Yueyang City, Hunan Province, China.
Yueyang Zhongmin manufactures 75-frame and larger hermetic motors used in commercial air conditioning and refrigeration compressors/ It had 2005 sales of about US$15 million.
“This strengthens A. O. Smith’s hermetic motor business by providing additional capacity to produce our current range of hermetic motors for commercial applications, as well as extending our product offering into larger frame motors used in centrifugal compressors and into high-voltage motors, products we currently do not manufacture,” Christopher L. Mapes, president of A. O. Smith Electrical Products Company, said in announcing the agreement.
“The additional product range and manufacturing capacity will enable us to better serve our global HVAC customer base, particularly those customers with compressor operations in Asia.”
Yueyang Zhongmin would be A. O. Smith’s fourth acquisition of a Chinese electric motor manufacturer since 2001. A. O. Smith Electrical Products Company currently has motor operations in Shenzhen, Changzhou, Taizhou and Suzhou, China. A. O. Smith also markets and manufactures water heaters for the Chinese residential market from an operation in Nanjing.
A. O. Smith Corp., with headquarters in Milwaukee, Wis., is a diversified manufacturer serving customers worldwide. It is one of North America’s largest manufacturers of electric motors, with a comprehensive line of hermetic, fractional horsepower, and integral horsepower motors for residential, commercial, and industrial applications. The company also is a manufacturer and marketer of residential and commercial water heating equipmen. The company employs approximately 16,500 people at facilities in the United States, Canada, Mexico, England, Hungary, the Netherlands, and China.