Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Invensys Sells Fasco Motors
Dec 3, 2002
 Printable format
 Email this Article
 Search

Invensys plc, an international production technology and energy management Group, announced that it has agreed to sell its Fasco Motors business to Tecumseh Products Company for a cash consideration of U.S. $415 million. The proceeds of the sale of the Eaton Rapids, MI, U.S. fractional horsepower motors manufacturer will be used by Invensys to continue to reduce its level of indebtedness. When this sale has completed, Invensys will have generated proceeds of more than 1.8 billion GBP ($2.8 billion) from its disposal program, 4 months ahead of schedule.

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 22, 2014: Variable-speed circulation pump enables new Miele lab washers

Dec 22, 2014: The latest retail data breach: Staples

Dec 22, 2014: Whirlpool headquarters improvements start a new phase

Dec 22, 2014: Consumer Spending Index is at its highest point of the year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows