Integrated Power to acquire ABB industrial services business

Avatar photo
mining

IPS offers complete in-shop electric motor and generator repair, including ABB and General Electric models. Credit: Integrated Power Services

Integrated Power Services (IPS) is acquiring the assets of ABB’s industrial services business. The acquisition brings to IPS five well-equipped electric motor, generator, mechanical, switchgear, and circuit breaker service centers in Edmonton, Alberta, Burlington, Ontario, Arizona, Indiana, and North Carolina.

The ABB business offers high-quality repair and field service capabilities for electric motors up to 50,000 hp  (37,285 kW) and low and medium-voltage switchgear equipment from 480 V to 15 kV. Additionally, the service centers perform rotating equipment repair services for pumps, compressors, blowers, bearings, gearboxes, and OHV mining drivetrains.

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now